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Belarus-Turkmenistan: Trade and Economic Cooperation

Belarus-Turkmenistan: Trade and Economic Cooperation

10.10.2019 | 16:05

Turkmenistan is one of Belarus' strategic partners in Central Asia. The countries established diplomatic relations on 21 January 1993.

In 2018, Belarus-Turkmenistan trade totaled $32.2 million. Belarusian export amounted to $27.6 million.

Belarus-Turkmenistan trade ($ million):

2007 — 87.8

2008 — 49.4

2009 — 74.9

2010 — 90.8

2011 — 238.1

2012 — 237.7

2013 — 320

2014 — 194.9

2015 — 93.6

2016 — 120.6

2017 — 65.1

2018 — 32.2

Belarus' major exports to Turkmenistan:

tractors

trucks

medicines

products of light industry, woodworking industry

agricultural products (ethanol, sugar, malt, dairy products).

Belarus' major imports from Turkmenistan:

cotton yarn and fiber

fabrics

knitted fabrics

wool

bed and table linen.

Major joint Belarus-Turkmenistan projects:

turnkey contract to build Garlyk mining and processing factory to produce potash fertilizers (the factory was inaugurated on 31 March 2017);

education services for over 8,000 students from Turkmenistan in Belarusian universities and colleges.

Sources: Belarus' Ministry of Foreign Affairs, Belarus' National Statistics Committee