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Turkmenistan and EU countries noticeably increase trade turnover

Turkmenistan Materials 28 July 2023 18:32 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, July 28. The trade turnover between Turkmenistan and the EU countries from January through March 2023 amounted to over 345.67 million euros, the source at Eurostat, the statistical office of the European Union, told Trend.

During the reporting period, the trade turnover between Turkmenistan and the EU countries increased by 10.4 percent compared to the first four months of the previous year, which reached 312.88 million euros.

Turkmen exports to the EU amounted to almost 168.63 million euros from January through April 2023, which is 34.4 percent more than in the same months of 2022 (125.48 million euros).

At the same time, Turkmenistan reduced imports from EU countries by 5.5 percent in the first four months of this year compared to January through April 2022 (187.4 million euros) to 177.04 million euros.

The trade turnover between Turkmenistan and the EU countries reached 1 billion euros last year, which is 25.9 percent less than in 2021, when it amounted to 1.35 billion euros.

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