Turkmenistan sees increase in export of cotton to EU

Business 13 January 2022 14:53 (UTC +04:00)
Turkmenistan sees increase in export of cotton to EU

BAKU, Azerbaijan, January 13

By Amina Nazarli - Trend:

Turkmenistan’s cotton exports to the European Union countries jumped by 23 percent in January-October 2021, Eurostat told Trend.

From more than 1.25 million tons of cotton that Turkmenistan harvested last year, over 60 tonnes worth 9,377,232 Euros were exported to the EU. The exports totaled over 45 tons worth 7,196,667 euros for the reporting period 2020.

Italy was the leading buyer of Turkmen cotton among EU countries, importing 15 tonnes worth 3,124,758 euros. The country increased its purchase which was 11.8 tonnes (2,245,836 euros) in the reporting period 2020.

It is followed by Poland, which imported from Turkmenistan 17.6 tonnes of cotton with a worth of 3,018,144 euros, compared to 14.4 tonnes (2,337,390 euros) in 10M2020.

Portugal comes next with 15.8 tonnes of cotton in the amount of 2,298,082 euros, compared to 11.5 tonnes worth 1,630,330 euros during the 10 months of 2020.

Growers in Turkmenistan had planted cotton on 620,000 hectares in the spring of last year, at the land plots allocated by the government from a special fund for agricultural purposes.

This year Turkmenistan plans to allocate 580,000 hectares of land for cotton sowing across the country, some 40,000 hectares less than in previous years following the government’s plan to increase the lands for sowing potatoes and vegetables and melons, as well as the production of cocoons by 200 tons.