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Turkmenistan reveals production figures for 1Q2022

Turkmenistan Materials 12 April 2022 18:34 (UTC +04:00)
Turkmenistan reveals production figures for 1Q2022
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, April 12. From January through March 2022, according to the Ministry of Trade and Foreign Economic Relations of Turkmenistan, the growth rate of trade turnover amounted to 103.6 percent, production – to 107.4 percent compared to the same period last year, Trend reports with reference to Jeyhun News.

The volume of products produced by enterprises of the Ministry of Textile Industry, including cotton yarn and fabrics, is 133.8 and 125.2 percent, respectively, sewing and knitwear – 119.8 percent, and leather – 109.1 percent.

The implementation of the plan for the production of carpet products at the enterprises of the Türkmenhaly State Association of Turkmenistan amounted to 120.7 percent.

According to the Union of Industrialists and Entrepreneurs, the growth in agricultural and food production in three months reached 164.5 percent, and industrial production – by 108.1 percent.

With the increasing dynamics of the construction of industrial and social facilities in Turkmenistan, the industry is becoming one of the most important sectors of the economy, which is given an important role in the implementation of import substitution programs and increasing the export potential of the state.

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