Turkmenistan’s exchange export turnover exceeds $37.8 million in one week
The results of trading at the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) over the past week demonstrated strong activity from foreign investors. A total of 31 transactions were registered, with total foreign currency revenue exceeding 37 million 801 thousand US dollars.
The week recorded steady demand not only for traditional fuel and energy resources but also for products from the processing and agricultural sectors.
Business circles from Turkey and Afghanistan focused on products of state concerns. The key export items included:
• Liquefied gas("Türkmennebit" State Concern) — a strategic resource for regional partners.
• Urea ("Türkmenhimiýa" State Concern) — Turkmen fertilizers continue to strengthen their positions in foreign markets.
The list of purchasing countries this week ranged from Central Asia to Europe. Entrepreneurs from the UAE, Turkey, the United Kingdom, Serbia, and Kyrgyzstan concluded deals on a wide range of products:
Agriculture and pharmaceuticals: Wheat flour and dry licorice root extract.
Textile cluster: Grey fabric, men’s apparel (trousers, shirts), cotton yarn, and cotton wool.
Construction materials: Large batches of Portland cement.
Domestic market: investments in production
The domestic private sector also demonstrated strong performance, purchasing raw materials and food products worth more than 48 million 506 thousand manats.
Turkmen entrepreneurs invested in resources for their own production, acquiring polypropylene, base oil, and cotton yarn. In addition, significant volumes of flour were purchased to ensure the country’s food supply.
