International Trade in Turkmenistan

International Trade in Turkmenistan

Turkmenistan is mostly a desert country, very low populated (the population density is 10 inhabitants per square kilometer) and its economy depends mainly on oil, natural gas and agriculture (essentially cotton). The country has the fifth largest reserve of natural gas in the world. The... Read more

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Market Analyses About Turkmenistan (1)

Import and Export Services in Turkmenistan (119)

  • Shenzhen Neptune Logistics Co.,Ltd

    Shenzhen Neptune Logistics Co.,Ltd

    Road Freight, Turkmenistan

    Neptune Logistics Corporation of CHINA enjoys this opportunity to introduce ourselves as a mutimodal transport expert and one of the...
  • MRP-EURASIA

    MRP-EURASIA

    Market Research, Turkmenistan

    Who we are “Market Research & Polls – EURASIA” (MRP-EURASIA) - Market research services company in CEE FSU CA...

Business Tips About Turkmenistan (2)

Agents and Distributors in Turkmenistan (1)

  • Acumen International

    Acumen International

    HR Outsourcing, Turkmenistan

    ACUMEN INTERNATIONAL is a SINGLE REGIONAL EMPLOYMENT SOLUTIONS PROVIDER in the former Soviet Union, Eastern and South-Eastern Europe plus...

Overview About International Trade in Turkmenistan

Economic Overview

Turkmenistan is mostly a desert country, very low populated (the population density is 10 inhabitants per square kilometer) and its economy depends mainly on oil, natural gas and agriculture (essentially cotton). The country has the fifth largest reserve of natural gas in the world.

The manufacturing sector as a whole contributes about 40% to the GDP. The services sector represents 40.8% of the GDP. The agricultural sector employs half of the active population but it represents only 20% of the GDP.

In 2010, Turkmenistan recorded a growth of 9.4%, which had decreased in relation to 2008. Its light exposure to the international financial markets and its reduced foreign debt protected the country from the international financial crisis. Inflation was about 3.9% in 2010.

The government of President Berdymuhammedov practices an open political and commercial "all azimuth" method towards its foreign partners, who are attracted by the hydrocarbon reserves. Turkmenistan tries to comply to their requests by constructing pipelines, such as one into China and another one into Iran which were inaugurated in December 2009.  

The state puts into practice public investment policie...

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