Asia ยท Country profile
Turkmenistan
India-Turkmenistan trade corridor: $18.1B bilateral trade, $7.7B FDI into India.
$18.1B
Trade with India
+10.6% YoY
$1.45T
GDP
Nominal
$7.7B
FDI into India
Cumulative
-$2.2B
Trade balance
India deficit
Top exports to Turkmenistan
- IT hardware
- Refined petroleum
- Organic chemicals
Top imports from Turkmenistan
- Machinery
- Aircraft parts
- Crude oil and LNG
Trade corridor with India
2025: $18.1B ยท 5-yr CAGR 13.1%
Goods trade in USD billion, illustrative demo figures.
Latest Turkmenistan stories
Trade5h ago4 min read
India-Turkmenistan bilateral trade hits a new quarterly high
FDI8h ago5 min read
Turkmenistan investors commit fresh capital to Indian manufacturing
Policy11h ago6 min read
Revised tariff schedule for India-Turkmenistan goods notified
Technology14h ago7 min read
India and Turkmenistan deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 4% to 1% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 5 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Turkmenistan Business Forum
Mar 2027 ยท New Delhi
Delegation
Trade delegation to Turkmenistan
Nov 2026 ยท Turkmenistan
Buyer meet
Turkmenistan buyers-sellers meet
Dec 2026 ยท Mumbai
Policy
Joint working group on market access
Feb 2027 ยท Virtual
Opportunity sectors
โS52Shipbuilding26% projected demand growth๐งตS57Textiles17% projected demand growth๐พS02Agriculture & Dairy12% projected demand growth๐ฟS07Ayush & Ayurveda & Herbal Medicine21% projected demand growthโ๏ธS12Coal14% projected demand growth๐S17Diamond, Gems & Jewellery22% projected demand growth