Turkmenistan Sees Trade Transactions Exceeding $13 Million

Post by : Shakul

The State Commodity and Raw Materials Exchange of Turkmenistan experienced robust trading activity last week, with total transactions surpassing 13 million 66 thousand US dollars.

Official figures indicate that 19 trading deals were registered during the auction sessions, attracting international buyers from multiple nations. These transactions included energy products, industrial materials, textiles, and agricultural commodities.

Among the international participants, representatives from Uzbekistan, the UAE, and Afghanistan made purchases of liquefied gas from state-owned companies Türkmengaz and Türkmenhimiýa. Additionally, foreign buyers secured desulphurized diesel fraction provided by Türkmenhimiýa.

The auctions also featured a variety of export products such as bedding sets, fatty acids derived from cottonseed oil residues, dry liquorice root extract, raw silk, and cotton yarn, with purchasers from Hong Kong, Türkiye, Kyrgyzstan, Uzbekistan, and the UAE participating.

Officials noted that the overall value of foreign currency transactions exceeded 13 million US dollars, demonstrating a sustained international interest in Turkmenistan’s industrial and agricultural offerings.

Local entrepreneurs were similarly active during the trading sessions, securing base oil, raw fabric, purified cottonseed oil, and wheat flour for the domestic market.

The total value of domestic market transactions reached over 118 million 350 thousand Turkmen manats, emphasizing vigorous internal trade alongside export activities.

The State Commodity and Raw Materials Exchange is a crucial economic institution in Turkmenistan, fostering international trade partnerships and facilitating exports in a range of sectors including energy, textiles, and agriculture.

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