The development of trade and entrepreneurship is an important area of Turkmenistan's economic policy aimed at improving living standards and ensuring food abundance. Changes in these areas demonstrate the effectiveness of market reforms and large-scale social programmes, according to the state news agency TDH.
The trade sector plays a key role in the economy, providing significant tax revenues and employment. At a meeting of the Cabinet of Ministers on 17 May, President Serdar Berdimuhamedov signed a Resolution on the development of the State Budget of Turkmenistan for 2026. The document sets priorities for sustainable development, digitalisation, business support and investment in production.
The first five months of 2025 saw steady growth in trade, industry and entrepreneurship. The revenue side of the budget was fulfilled by 101.2%, and trade and production volumes increased. Both domestic producers and imports coordinated by the Ministry of Trade and Foreign Economic Relations play an important role in supplying the domestic market.
The textile industry is developing successfully, demand for Turkmen brands is high, and programmes to modernise and enter international markets are being actively implemented. Carpet production is preserving traditions and successfully entering foreign markets. Work is also underway to introduce digital solutions, including product labelling and integration into the GSI system.
The State Commodity and Raw Materials Exchange of Turkmenistan is actively involved in regulating export and import operations, ensuring the growth of foreign trade activity. Turkmenistan is strengthening international partnerships by participating in forums and commissions, expanding export routes and developing infrastructure.
Conditions have been created for investors to operate, production is growing, and output volumes are increasing. Support for the private sector has strengthened the position of local producers. The ‘Made in Turkmenistan’ programme promotes national brands on the international stage.
The introduction of digital technologies in trade is a priority of the state strategy. In this regard, regulatory documents for distance trading are being developed.