Economic Relations between Turkey and Turkmenistan

Turkish businessmen have contributed to Turkmenistan’s development since the early days of independence with about 600 Turkish companies registered in Turkmenistan. In the past few years, Turkmenistan has become the country in Central Asia where Turkish contracting companies undertook the most projects. From the independence of Turkmenistan until today, Turkish companies assumed contracting work in the country, totaling more than 50 billion USD.


Bilateral Trade (million Dollar):

Years

2017

2018

2019

Export

1.037,9

467,2

744,6

Import:

403,5

260,9

600,8

Volume:

1.441,5

728,1

1.345,5

Balance:

+ 634,4

+106,1

+143,7