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Turkmenistan

Turkmenistan ranked No. 170 in total trade value through March with a total of $22.67 million. Exports totaled $8.17 million and Imports totaled $14.51 million, a deficit of $6.34 million.

U.S. trade with Turkmenistan rose to $22.67 million through March

Turkmenistan’s trade with the United States rose to $22.67 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 277.95 percent above its total trade during the same time period last year. Turkmenistan’s exports increased 112.79 percent while imports rose 571.5 percent. The U.S. deficit with Turkmenistan was $6.34 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Corpus Christi, Texas; No. 2 Dallas-Fort Worth International Airport, Texas; No. 3 Houston’s George Bush Intercontinental Airport, Texas; No. 4 Hartsfield-Jackson Atlanta International Airport; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 John F. Kennedy International Airport No. 3 Houston’s George Bush Intercontinental Airport, Texas No. 4 Chicago O’Hare International Airport and No. 5 Seattle-Tacoma International Airport. In the current time period, the top five accounted for 85.66 percent of Turkmenistan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Corpus Christi, Texas totaled $12.47 million.
    There were no exports. Imports totaled $12.47 million.
  • Trade with No. 2 Dallas-Fort Worth International Airport, Texas totaled $2.88 million.
    Exports totaled $1.12 million. Imports totaled $1.77 million.
  • Trade with No. 3 Houston’s George Bush Intercontinental Airport, Texas rose 115.73 percent to $2.11 million.
    Exports rose 139.37 percent to $2.11 million. There were no imports.
  • Trade with No. 4 Hartsfield-Jackson Atlanta International Airport rose 207.71 percent to $1.09 million.
    Exports rose 207.71 percent to $1.09 million. There were no imports.
  • Trade with No. 5 Port of Houston rose 356.48 percent to $870,185.
    Exports rose 356.48 percent to $870,185. There were no imports.

Turkmenistan ranked No. 170 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 192.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Turkmenistan by value through March were the categories of Civilian aircraft, parts; Poultry, fresh, chilled or frozen; Misc. chemical reaction initiators, accelerators; Miscellaneous machines, parts; and Parts for heavy machinery, respectively. They accounted for 56.95 percent of total exports to Turkmenistan.

The value of the top five categories of U.S. imports from Turkmenistan –– Gasoline, other fuels; Value added to a returned import; Misc. carbon (excluding carbon black); Miscellaneous machine parts; and Collectors items of historic or botanic interest –– accounted for 99.91 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 70.16 percent compared to last year to $1.32 million.
  • Poultry, fresh, chilled or frozen totaled $1.13 million. The previous year, there were no exports in this category.
  • Misc. chemical reaction initiators, accelerators totaled $1.01 million. The previous year, there were no exports in this category.
  • Miscellaneous machines, parts rose 1633.71 percent compared to last year to $607,961.
  • Parts for heavy machinery rose 501.4 percent compared to last year to $583,714.

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

  • Gasoline, other fuels totaled $12.47 million. The previous year, there were no imports in this category.
  • Value added to a returned import rose 729.63 percent compared to last year to $1.75 million.
  • Misc. carbon (excluding carbon black) fell 69.9 percent compared to last year to $202,260.
  • Miscellaneous machine parts totaled $37,744. The previous year, there were no imports in this category.
  • Collectors items of historic or botanic interest rose 200.83 percent compared to last year to $33,539.

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.