Turkmenistan

Turkmenistan ranked No. 177 in total trade value through June with a total of $26.28 million. Exports totaled $13.49 million and Imports totaled $12.79 million, a surplus of $703,896.

U.S. trade with Turkmenistan rose to $26.28 million through June

Turkmenistan’s trade with the United States rose to $26.28 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.82 percent below its total trade during the same time period last year. U.S. exports to Turkmenistan decreased 9.45 percent while U.S. imports from Turkmenistan fell 18 percent. The U.S. surplus with Turkmenistan was $703,896.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Charleston; No. 3 Port of Virginia; No. 4 Chicago O’Hare International Airport; and No. 5 Houston Int’l Airport. During the same period the previous year, the top five were No. 1 Port of Corpus Christi, Texas; No. 2 Houston Int’l Airport; No. 3 Dallas-Fort Worth International Airport, Texas; No. 4 Hartsfield-Jackson Atlanta International Airport and No. 5 Port of Houston. In the current time period, the top five accounted for 72.65 percent of Turkmenistan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans rose 5030.07 percent to $6.36 million.
    Exports rose 430.87 percent to $315,871. Imports rose 9278.69 percent to $6.04 million.
  • Trade with No. 2 Port of Charleston rose 154.61 percent to $4.08 million.
    There were no exports. Imports rose 370.66 percent to $4.08 million.
  • Trade with No. 3 Port of Virginia rose 3327.72 percent to $3.86 million.
    Exports rose 3327.72 percent to $3.86 million. There were no imports.
  • Trade with No. 4 Chicago O’Hare International Airport rose 115.43 percent to $2.94 million.
    Exports rose 118.06 percent to $2.93 million. Imports fell 72.27 percent to $5,234.
  • Trade with No. 5 Houston Int’l Airport fell 46.55 percent to $1.86 million.
    Exports fell 44.68 percent to $1.86 million. There were no imports.

Turkmenistan ranked No. 177 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 186.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Turkmenistan by value through June were the categories of Agricultural machinery for lawns, lawn rollers, pa; Misc. aircraft parts; Binders for found molds; chemical products; Taps, cocks and valves for pipes, tanks; and Pumps for dispensing liquids, respectively. They accounted for 62.71 percent of total exports to Turkmenistan.

The value of the top five categories of U.S. imports from Turkmenistan –– Nitrogenous fertilizers; Misc. carbon (excluding carbon black); Vegetable extracts, pectates, agar, etc.; Antiques; and Returned exports, without change –– accounted for 99.37 percent of all inbound shipments.

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

  • Agricultural machinery for lawns, lawn rollers, pa totaled $3.86 million. The previous year, there were no exports in this category.
  • Misc. aircraft parts rose 9102.51 percent compared to last year to $2.45 million.
  • Binders for found molds; chemical products rose 137.91 percent compared to last year to $1.12 million.
  • Taps, cocks and valves for pipes, tanks rose 9.94 percent compared to last year to $603,270.
  • Pumps for dispensing liquids rose 298.44 percent compared to last year to $439,522.

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

  • Nitrogenous fertilizers totaled $11.13 million. The previous year, there were no imports in this category.
  • Misc. carbon (excluding carbon black) fell 15.07 percent compared to last year to $794,422.
  • Vegetable extracts, pectates, agar, etc. totaled $660,400. The previous year, there were no imports in this category.
  • Antiques fell 31 percent compared to last year to $84,590.
  • Returned exports, without change fell 98.15 percent compared to last year to $35,696.

In the latest annual figures available, Turkmenistan recorded $44.53 million in trade with the United States. Total U.S. exports to Turkmenistan were $ 28.27 million and imports from Turkmenistan were $16.27 million. The U.S. surplus with Turkmenistan was $12 million.