Turkmenistan Sees Trade Deals Exceeding $13 Million

Last week, the State Commodity and Raw Materials Exchange of Turkmenistan reported robust trading activities, with overall transactions surpassing 13 million 66 thousand US dollars.

As per official sources, 19 trading deals were recorded during the auction sessions, featuring international buyers from various countries engaging in energy products, textiles, industrial materials, and agricultural items.

Notably, entrepreneurs from Uzbekistan, the UAE, and Afghanistan acquired liquefied gas generated by state-run companies Türkmengaz and Türkmenhimiýa. Additionally, foreign buyers secured desulphurized diesel fractions from Türkmenhimiýa.

Other notable exports during the auctions included bedding sets, fatty acids derived from cottonseed oil residues, dry liquorice root extract, raw silk, and cotton yarn. Buyers from Hong Kong, Türkiye, Kyrgyzstan, Uzbekistan, and the UAE participated in these transactions.

Officials confirmed that the total value of foreign currency deals surpassed 13 million US dollars, indicating a sustained global interest in Turkmenistan’s industrial and agricultural offerings.

Domestic entrepreneurs also played a significant role in the trading sessions, purchasing base oil, raw fabric, refined cottonseed oil, and wheat flour for local consumption.

The total value of domestic transactions soared to over 118 million 350 thousand Turkmen manats, showcasing vibrant internal trade in addition to export operations.

The State Commodity and Raw Materials Exchange stands as a crucial entity in Turkmenistan's economy, fostering international trade alliances and bolstering exports across sectors such as energy, textiles, and agriculture.