Post by : Shakul

State Commodity and Raw Materials Exchange of Turkmenistan announced that international and domestic trade transactions worth more than 11 million 375 thousand US dollars were completed during auctions held last week. Officials stated that a total of 17 trade deals were registered, reflecting continued activity in Turkmenistan’s export and industrial sectors.

According to the exchange, foreign companies from the United Arab Emirates and Georgia purchased base oil produced by Türkmennebit. The sale of petroleum products remains one of the major contributors to Turkmenistan’s export earnings and international trade activity.

In addition to petroleum products, several textile and industrial goods were also sold through the exchange for foreign currency. These included semi-finished calico fabric, cotton yarn, cotton fibre, wheat flour, textile waste and Portland cement. Buyers from Türkiye, the United Arab Emirates and Switzerland participated in the transactions, highlighting international demand for Turkmen products across different sectors.

Officials said the combined value of foreign currency transactions exceeded 11.3 million US dollars. Analysts believe the steady export of oil-based products, textiles and industrial materials continues to support Turkmenistan’s economy and strengthen trade relations with regional and international markets. The commodity exchange plays a central role in facilitating commercial agreements and supporting the country’s export strategy.

The exchange also recorded strong activity within the domestic market. Local entrepreneurs purchased products including base oil, textile waste, cotton fibre, polypropylene film and metallized polypropylene film. Authorities confirmed that domestic transactions exceeded 145 million 420 thousand Turkmen manats during the same trading period.

Economic experts say the latest auction results demonstrate continued industrial production and active trade demand in Turkmenistan despite ongoing uncertainties in global markets. The country remains heavily focused on exports related to energy, textiles and raw materials while also expanding domestic manufacturing and industrial activities. Government officials continue to encourage stronger international trade cooperation and industrial diversification.

The State Commodity and Raw Materials Exchange remains one of the key institutions supporting Turkmenistan’s economy by connecting local producers with global buyers. Through regular auctions and international transactions, the exchange helps increase export opportunities and strengthen economic ties with countries across the Middle East, Europe and Asia. Analysts expect continued growth in trade activity as demand for energy and industrial goods remains stable in regional markets.

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