Turkmenistan recorded a trade surplus of 2886.58 USD Million in 2017. Balance of Trade in Turkmenistan averaged 874.39 USD Million from 1992 until 2017, reaching an all time high of 4756.85 USD Million in 2008 and a record low of -3497.59 USD Million in 2009.

Balance of Trade in Turkmenistan is expected to be 3916.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Balance of Trade is projected to trend around 4059.00 USD Million in 2020, according to our econometric models.

Turkmenistan Balance of Trade
Forecast Data Chart
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Turkmenistan Trade Last Previous Highest Lowest Unit
Balance of Trade 2886.58 1969.56 4756.85 -3497.59 USD Million [+]
Current Account 1388.00 -7105.00 4037.00 -7105.00 USD Million [+]
Current Account to GDP -8.20 -11.50 153.67 -107.87 percent [+]
Imports 2254.56 4570.95 10166.68 141.49 USD Million [+]
Exports 9809.20 7457.53 12394.90 64.34 USD Million [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Crude Oil Production 192.00 221.00 316.00 69.00 BBL/D/1K [+]
External Debt 781324.00 508684.00 2732208.00 276435.00 USD Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Turkmenistan Balance of Trade

Turkmenistan is a major exporter of natural gas and oil. Yet, commodities price fluctuations and issues with infrastructure very often led to trade deficits. Turkmenistan’s other exports include cotton, polymers, cotton, textiles and vegetable products. Turkmenistan mainly imports iron and steel pipes, heavy construction equipment, wheat, grading machinery and vehicles. Turkmenistan's main trading partners are China, Turkey, Russia, the United Arab Emirates, Germany, the Ukraine, Italy and Iran. This page provides - Turkmenistan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Balance of Trade - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2886.58 1969.56 4756.85 -3497.59 1992 - 2017 USD Million Yearly

Country Last Previous
Argentina 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7631.00 Jul/19
Japan -136.30 Aug/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 3787.85 Aug/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19