Iran among top 3 foreign trade partners of Turkmenistan
Ashgabat, Turkmenistan, Nov. 8
By Huseyn Hasanov – Trend:
Iran is the third most important foreign trade partner of Turkmenistan, the Neutral Turkmenistan newspaper reported.
“It is important to emphasize that Turkmenistan has a positive balance of foreign trade with Iran, totaling over $3.2 billion for 2014-2017,” said the report.
Natural gas is the main export product of Turkmenistan, and Iran is the second biggest consumer of Turkmen gas after China.
Turkmenistan supplies oil products, electricity and textile goods to Iran. The Turkmen market receives vegetables, fruits, construction materials, products from ferrous and non-ferrous metals, plastics, ceramics and vehicles from Iran.
Strengthening cooperation with Iran may help expand Turkmenistan’s exports to many other countries through the Persian Gulf crude oil terminals, as well as through pipeline, railway infrastructure and power transmission lines, the report noted.