Turkmenistan-France Bilateral Trade Analysis 2023
Complete trade statistics: $69.69M total volume •Turkmenistan deficit: $69.69M
Turkmenistan → France
$0
Exports (2023)
France → Turkmenistan
$69.69M
Imports (2023)
Trade Balance
$69.69M
Deficit for Turkmenistan
Total Trade
$69.69M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Turkmenistan and France. Green line shows exports from Turkmenistan, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Turkmenistan-France commercial relationship and competitive positioning in global markets.
Turkmenistan → France Exports
Export Market Intelligence
🎯 Strategic Export Focus
Turkmenistan's export portfolio to France demonstrates strategic specialization, with vegetable saps and extracts: of liquorice representing a key competitive advantage in this bilateral market.
France → Turkmenistan Imports
Import Dependency Profile
📦 Import Strategy Analysis
Turkmenistan's import pattern from France reveals significant dependencyin catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with an active substance other than nickel or precious metals or their compounds, n.e.c. or included, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Turkmenistan demonstrates competitive strength in exportingvegetable saps and extracts: of liquorice to France, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $69.69M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Turkmenistan-France Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $69.69 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Turkmenistan maintains a deficit of $69.69 million
- Export Focus: Turkmenistan's primary exports include vegetable saps and extracts: of liquorice, wood: not of bamboo, articles n.e.c. in heading no. 4414 to 4420 (excluding clothes hangers), plastics: boxes, cases, crates and similar articles for the conveyance or packing of goods
- Import Dependencies: Key imports from France include catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with an active substance other than nickel or precious metals or their compounds, n.e.c. or included, turbines: gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kw, seeders, planters and transplanters: other than no-till direct seeders, planters and transplanters
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $69.69M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Turkmenistan leveraging its comparative advantages in vegetable saps and extracts: of liquorice.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Turkmenistan's specialization in vegetable saps and extracts: of liquoricecomplements France's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with an active substance other than nickel or precious metals or their compounds, n.e.c. or included.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $69.69M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $69.69M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $69.69 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vegetable saps and extracts: of liquorice and catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with an active substance other than nickel or precious metals or their compounds, n.e.c. or included demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Turkmenistan's trade deficit of $69.69 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Turkmenistan and France represents a total trade volume of $69.69 million in 2023. This partnership demonstrates an unfavorable trade balance for Turkmenistan, with imports exceeding exportsby $69.69 million.
Export Strengths
Turkmenistan's exports to France total $0.00, with competitive advantages in vegetable saps and extracts: of liquorice, representing $5.59M orInfinity% of bilateral exports.
Import Dependencies
Imports from France amount to $69.69 million, highlighting economic interdependence in catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with an active substance other than nickel or precious metals or their compounds, n.e.c. or included, with Catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with an active substance other than nickel or precious metals or their compounds, n.e.c. or included comprising23.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Turkmenistan's strategic sourcing from France. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Turkmenistan and France in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023