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Turkmenistan

Turkmenistan ranked No. 188 in total trade value through October with a total of $29.39 million. Exports totaled $18.61 million and Imports totaled $10.78 million, a surplus of $7.83 million.

U.S. trade with Turkmenistan rose to $29.39 million through October

Turkmenistan’s trade with the United States rose to $29.39 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 89.76 percent below its total trade during the same time period last year. Turkmenistan’s exports decreased 93.21 percent while imports fell 15.2 percent. The U.S. surplus with Turkmenistan was $7.83 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Houston’s George Bush Intercontinental Airport, Texas; No. 2 John F. Kennedy International Airport; No. 3 Port of New Orleans; No. 4 San Francisco International Airport, Calif.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Seattle-Tacoma International Airport No. 2 Port of Baltimore, Md. No. 3 Port of Newark No. 4 Port of Charleston and No. 5 Port of Albany, N.Y.. In the current time period, the top five accounted for 61.64 percent of Turkmenistan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Houston’s George Bush Intercontinental Airport, Texas rose 88.71 percent to $4.8 million.
    Exports rose 88.66 percent to $4.68 million. Imports rose 90.6 percent to $114,791.
  • Trade with No. 2 John F. Kennedy International Airport rose 31.6 percent to $4.73 million.
    Exports fell 53.74 percent to $1.64 million. Imports rose 7565.78 percent to $3.09 million.
  • Trade with No. 3 Port of New Orleans rose 74.75 percent to $3.14 million.
    Exports rose 494.97 percent to $436,009. Imports rose 56.87 percent to $2.7 million.
  • Trade with No. 4 San Francisco International Airport, Calif. fell 24.83 percent to $2.82 million.
    Exports fell 24.74 percent to $2.82 million. There were no imports.
  • Trade with No. 5 Port of Newark fell 93.01 percent to $2.64 million.
    Exports fell 99.97 percent to $8,595. Imports fell 47.8 percent to $2.63 million.

Turkmenistan ranked No. 188 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 126.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Turkmenistan by value through October were the categories of Cell phones, related equipment; Civilian aircraft, parts; Pumps for dispensing liquids; Taps, cocks and valves for pipes, tanks; and Binders for found molds; chemical products, respectively. They accounted for 38.11 percent of total exports to Turkmenistan.

The value of the top five categories of U.S. imports from Turkmenistan –– Value added to a returned import; Nitrogenous fertilizers; Woven cotton fabrics, more than 200 gms; Gasoline, other fuels; and Misc. carbon (excluding carbon black) –– accounted for 86.55 percent of all inbound shipments.

Looking more closely at U.S. exports to Turkmenistan:

  • Cell phones, related equipment rose 178.78 percent compared to last year to $2.55 million.
  • Civilian aircraft, parts fell 98.62 percent compared to last year to $2.03 million.
  • Pumps for dispensing liquids rose 118.31 percent compared to last year to $858,811.
  • Taps, cocks and valves for pipes, tanks fell 9.5 percent compared to last year to $834,788.
  • Binders for found molds; chemical products rose 549.62 percent compared to last year to $813,963.

Looking more closely at U.S. imports from Turkmenistan:

  • Value added to a returned import rose 3210.8 percent compared to last year to $3.21 million.
  • Nitrogenous fertilizers rose 66.21 percent compared to last year to $2.66 million.
  • Woven cotton fabrics, more than 200 gms fell 55.45 percent compared to last year to $1.41 million.
  • Gasoline, other fuels totaled $1.09 million. The previous year, there were no imports in this category.
  • Misc. carbon (excluding carbon black) rose 7.33 percent compared to last year to $968,310.

In the latest annual figures available, Turkmenistan recorded $295.8 million in trade with the United States. At year’s end, its were Seattle; New York City; Baltimore; Charleston; and Houston. Total U.S. exports to Turkmenistan were $ 281.98 million and imports from Turkmenistan were $13.82 million. The U.S. surplus with Turkmenistan was $268.17 million.