Trade turnover between Turkmenistan and China in the first half of the year increased by 12.3%
10:36 02.08.2023 8258
In the first six months of 2023, the trade turnover between Turkmenistan and China increased by 12.3% compared to the same period last year, amounting to about $5.55 billion, according to the General Administration of Customs of China.
A significant advantage in the overall trade balance fell on the export of Turkmenistan, which for the reporting period amounted to $5.07 billion. At the same time, natural gas became the main product exported to the Celestial Empire, the cost of which is estimated at $5.05 billion.
In turn, Turkmenistan purchased Chinese goods worth $476 million. According to macroeconomic indicators, Beijing is one of Ashgabat’s key trading partners.
Turkmenistan supplies natural gas to China through the international gas pipeline “Turkmenistan – China”, which passes through the territory of Uzbekistan and Kazakhstan.
Fuel and energy complex products were sold at the exchange auctions to the external and domestic markets
17 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Foreign and domestic companies actively purchased fuel and energy products at exchange trades
34 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
The President of Turkmenistan noted the importance of further increasing natural gas production volumes
On May 31, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which topical issues in the life of the country were discussed.
The President of Turkmenistan led a mass bike ride in Ashgabat
President of Turkmenistan Serdar Berdimuhamedov led a mass bike ride that took place on Monday in Ashgabat to celebrate World Bicycle Day.
Turkmenistan and Afghanistan ready to step up the construction of the TAPI gas pipeline
Representatives of the governments of Turkmenistan and Afghanistan expressed their readiness to continue cooperation in the construction of the TAPI gas pipeline and other infrastructure projects, the website of the Foreign Ministry of Turkmenistan reports.