BAKU, Azerbaijan, September 14. Turkmenistan’s trade activity saw moderate shifts in early 2025, Trend reports via the CAREC Institute’s latest Quarterly Economic Monitor.
The report shows that Turkmenistan’s exports declined by 19.4 percent year-on-year in the first quarter, with fuel shipments to emerging markets falling 35.2 percent and non-fuel commodity exports down 18.7 percent. Imports rose by 15.3 percent, led by increases in non-fuel goods, while fuel imports from emerging markets fell 13.3 percent.
Within the CAREC region, the share of Turkmenistan’s exports stood at 82.5 percent of total exports, slightly lower than 84.4 percent in 2024, while intra-regional imports accounted for 39.9 percent. China remained Turkmenistan’s main export destination for natural gas, receiving over 80 percent of exports to the CAREC region, followed by Uzbekistan with about 9 percent.
The Central Asia Regional Economic Cooperation (CAREC) Program constitutes a collaborative framework involving 11 sovereign entities and various development stakeholders, synergistically engaging to enhance developmental trajectories through strategic cooperation, thereby catalyzing economic expansion and alleviating poverty metrics. It operates under the strategic framework of an overarching vision encapsulated in the principles of “Good Neighbors, Good Partners, and Good Prospects.”
