Geography of Turkmen foreign trade expanding

Geography of Turkmen foreign trade expanding

Ashgabat, Turkmenistan, March 6

By Huseyn Hasanov Trend:

Turkmenistan has foreign trade relations with 107 countries, the main of which are China, Italy, Turkey, the UAE and Afghanistan, Trend reports with reference to the Watan newspaper.

In 2018, exports of Turkmenistan increased by almost 50 percent compared to 2017.

At the same time, the value of exports of cement produced in Turkmenistan grew 20.2 times, carpets and rugs - 5.5 times, products of vegetables and fruits processing - 3.5 times, wool - 36.1 percent, textile materials 22.9 percent, mineral fertilizers - 18.1 percent.

In 2018, Turkmenistan began to export chicken eggs.During the analyzed period, 79.4 million eggs worth more than $3.8 million were delivered to foreign markets.The tendency of growth of vegetables export remained.

Thus, 9,600 tons of vegetables worth $9.7 million were exported.The main share in this group was held by tomatoes (89.4 percent).

In addition, new goods appeared in the export structure of Turkmenistan in 2018. Thus, the export value of rebar amounted to more than $1.4 million, glass and glassware - more than $3.4 million.

Retail trade is the indicator of the development of the domestic market of Turkmenistan, and its volume increased by 19.6 percent in 2018 compared with 2017, the report said.

At the same time, in its structure, the share of the state sector accounted for 7.8 percent and the share of the non-state sector accounted for 92.2 percent.

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