BAKU, Azerbaijan, July 13. The total value of
external quotations published for the July 3 trading session on
SCRMET has increased by 5.5%.
The figure is calculated by Trend
based on official data published by SCRMET (The State Commodity and
Raw Materials Exchange of Turkmenistan) on its website.
According to Trend’s calculations, the total value of external
quotations published for the July 3 trading session has risen to
$91.1 million from $86.3 million a day earlier.
The increase was driven by the light industry sector, where the
total value of external quotations has risen to $8.4 million from
$2.5 million on the session a day earlier, marking 230.9%
growth.
Meanwhile, Trend’s calculations show that the petrochemicals and
agriculture sectors’ quotations values decreased by 1.2% and 6.7%,
totaling $78.6 million and $2.1 million.
According to Trend’s calculations, values in the remaining two
categories remained unchanged:
– Mechanical engineering – $1.4 million;
– Construction materials – $546,560.
The State Commodity and Raw Materials Exchange of Turkmenistan
(SCRMET), established in 1994, is the country’s main platform for
trading export-oriented goods and one of the key institutions
supporting Turkmenistan’s foreign trade. The exchange organizes
trading sessions for petrochemicals, polymers, textiles, cotton
products, construction materials, machinery and chemical goods,
while also registering export-import contracts and publishing
official quotations. Through these quotations, SCRMET provides a
snapshot of the value and sectoral composition of goods offered to
international buyers during each trading session, reflecting shifts
in the country’s export offering and highlighting which industries
dominate Turkmenistan’s exchange-based trade.
In recent years, alongside its traditional energy exports,
Turkmenistan has sought to expand production in higher value-added
sectors, including chemicals, manufacturing and industrial
products, which are also represented on the exchange. As a result,
the country’s industrial potential is attracting growing interest
from international companies.
Against this backdrop, Japanese industrial conglomerate Kawasaki
Heavy Industries told Trend in an exclusive
commentary that it views Turkmenistan’s investment climate
favorably and is ready to contribute to the country’s industrial
modernization and infrastructure development.
“Our primary focus is on industrial modernization,” the company
representative said, commenting on Kawasaki’s priorities in
Turkmenistan.
Speaking about the company’s readiness to support the country’s
industrial modernization and infrastructure projects, the
representative said: “We highly assess them. At the same time, we
have strong expectations for further improvements in the future. We
would be delighted if, through our cooperation, we could help
achieve significant progress and create even more favorable
conditions.”
