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Turkmenistan and Türkiye significantly increase trade turnover

Turkmenistan Materials 5 December 2023 19:05 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, December 5. Türkiye's trade turnover with Turkmenistan reached $2.25 billion, from January through October 2023, Trend reports.

According to the Turkish Statistical Institute (TURKSTAT), the data for the mentioned period indicates a 38-percent increase compared to the corresponding months of the previous year, which stood at $1.63 billion.

Turkmenistan's exports to Türkiye from January through October of this year totaled $1.51 billion, marking a twofold increase compared to the corresponding period in 2022, which amounted to $734.12 million.

At the same time, during the reporting period, Türkiye experienced an almost 17.2-percent decline in exports to Turkmenistan compared to the same period in 2022, falling from $899.55 million to $745.04 million.

Meanwhile, the trade turnover between Türkiye and Turkmenistan in 2022 reached $2.06 billion, reflecting a 21.8 percent increase compared to 2021 when it was $1.69 billion.

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