Names: conventional long form: none conventional short form: Turkmenistan local long form: none local short form: Turkmenistan former: Turkmen Soviet Socialist Republic
Capital City: Ashgabat (Ashkhabad)
Population: 5,042,920 (July 2006 est.)
GDP Per Capita: $8,900 (2006 est.)
Currency: Turkmen manat (TMM)
Languages: Turkmen 72%, Russian 12%, Uzbek 9%, other 7%
Total Area: total: 488,100 sq km land: 488,100 sq km water: NEGL slightly larger than California
Region: Asia
Industries: natural gas, oil, petroleum products, textiles, food processing
Agriculture: cotton, grain; livestock
Resources: petroleum, natural gas, sulfur, salt
Labor Force:
2.32 million (2003 est.)
agriculture: 48.2% industry: 13.8% services: 37% (2003 est.)
Exports:
$5.421 billion f.o.b. (2006 est.)
gas, crude oil, petrochemicals, cotton fiber, textiles
Imports:
$3.936 billion f.o.b. (2006 est.)
machinery and equipment, chemicals, foodstuffs
Overview:
Turkmenistan is a largely desert country with intensive agriculture in irrigated oases and large gas and oil resources. One-half of its irrigated land is planted in cotton; formerly it was the world's tenth-largest producer. Poor harvests in recent years have led to an almost 50% decline in cotton exports. With an authoritarian ex-Communist regime in power and a tribally based social structure, Turkmenistan has taken a cautious approach to economic reform, hoping to use gas and cotton sales to sustain its inefficient economy. Privatization goals remain limited. In 1998-2005, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, total exports rose by an average of 15% per year in 2003-06, largely because of higher international oil and gas prices. In 2006, Ashgabat raised its natural gas export prices to its main customer, Russia, from $66 per thousand cubic meters (tcm) to $100 per tcm. Overall prospects in the near future are discouraging because of widespread internal poverty, a poor educational system, government misuse of oil and gas revenues, and Ashgabat's unwillingness to adopt market-oriented reforms. Turkmenistan's economic statistics are state secrets, and GDP and other figures are subject to wide margins of error. In particular, the rate of GDP growth is uncertain.
In 2007 Missouri had no exports to Turkmenistan.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | NA | NA | 7,521 | 3,534 | 59,962 | NA | |
| 000 - Total All Industries US | 47,128,313 | 34,203,470 | 294,567,161 | 237,131,572 | 112,840,364 | 184,590,416 | |