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Eurostat discloses volume of Turkmen exports of textile products to EU countries

Turkmenistan Materials 27 January 2023 19:13 (UTC +04:00)
Eurostat discloses volume of Turkmen exports of textile products to EU countries
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, January 27. Turkmenistan increased exports of textile products to the EU countries from January through October 2022, Trend reports with reference to Eurostat.

According to the information, during this period Turkmenistan exported over 5,870 tons of textile products to the EU countries, which is 13.9 percent less than in the first 10 months of 2021 (6,820 tons).

In value terms, Turkmenistan exported textile products worth over 13.45 million euros to the EU countries, which is 18 percent more than from January through October 2021 (11.39 million euros).

Meanwhile, the trade turnover between Turkmenistan and the EU countries amounted to 816.94 million euros in the first 10 months of 2022.

With the increasing dynamics of construction of industrial and social facilities in Turkmenistan, the industry is becoming one of the major 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.

For example, in 2022, the Baherden and Turkmenabat garment factories manufactured products worth 14.5 million Turkmen manats ($4.1 million) and 52.2 million Turkmen manats ($14.9 million), respectively, while increasing production indicators.

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