BAKU, Azerbaijan, October 17. The growth rate
of trade turnover under Turkmenistan’s Ministry of Trade and
Foreign Economic Relations slowed to 13.2% in January-September
2026 compared with the same period of 2025.
This was announced in a statement issued by the press service of
the Turkmen government following Deputy Chairman of the Cabinet of
Ministers Nokerkuly Atagulyyev’s report on the country’s economic
performance for January-September at a government meeting chaired
by President Serdar Berdimuhamedov yesterday.
Trend’s
calculations based on official government data show that the trade
turnover growth rate declined by 5.2 percentage points in
January-September 2026 compared with the same period of 2025.
At the same time, the 2026 figure remained 11.1 percentage
points above the 2.1% growth recorded in January-September
2024.
The growth rate of textile production stood at 6.4% in
January-September 2026. Production of cotton yarn increased by
2.3%, cotton fabrics by 0.9%, garments and knitwear by 2.6%, and
leather products by 0.5%.
The Turkmenhaly state association recorded a 7.6% increase in
total revenue during the reporting period.
The State Commodity and Raw Materials Exchange held 222 trading
sessions during January-September, registering 23,460
contracts.
Meanwhile, the Chamber of Commerce and Industry recorded a 7.3%
increase in the volume of work carried out during the period, while
hosting 18 exhibitions and 10 conferences.
President Serdar Berdimuhamedov instructed the government to
ensure the efficient use of production facilities in the trade
sector and continue the modernization of textile enterprises.
