ASHGABAT, Turkmenistan, April 7. Turkmenistan’s
trade and business sectors recorded positive growth in
January-March 2026,
Trend reports via the press service of the Turkmen
Government.
The data was presented by Deputy Chairman of the Cabinet of
Ministers Nokerguly Atagulyyev during a government meeting on the
country’s macroeconomic performance for the first quarter of 2026,
chaired by President Serdar Berdimuhamedov, on April 3.
According to the report, trade turnover under the Ministry of
Trade and Foreign Economic Relations increased by 8.3%
year-on-year, while production growth reached 1.4%.
The Ministry of Textile Industry recorded production growth of
3.3%, including cotton yarn - 1.5%, cotton fabrics - 2.9%, and
leather products - 5.9%. The Turkmenhaly fulfilled its production
plan at 11.4%.
During the reporting period, the State Commodity and Raw
Materials Exchange (SCRMET) conducted 72 trading sessions and
registered 7,132 contracts.
The Chamber of Commerce and Industry recorded growth of 15.7% in
work performed. The Union of Industrialists and Entrepreneurs
reported production growth of 7.6% in agricultural and food
products and 6% in industrial goods.
The trade, textile, and entrepreneurial sectors of Turkmenistan
are pivotal elements in the nation’s strategy for economic
diversification and the advancement of the private sector. The
commerce domain oversees both local and international transactions,
orchestrating the movement of goods across borders, overseeing
wholesale and retail channels, and ensuring market compliance, with
SCRMET being pivotal in streamlining trading operations.
The textile sector, encompassing cotton yarn, fabric, and
leather manufacturing, continues to be a cornerstone of the
nation's economy. State entities like Turkmenhaly are pivotal in
managing the production of carpets and various textile products for
both local consumption and international trade.
Meanwhile, the Union of Industrialists and Entrepreneurs
coordinates private sector activity across industrial and
agricultural production, promoting business development, organizing
exhibitions and conferences, and supporting small and medium-sized
enterprises.
