US trade with Turkmenistan in the 1st quarter of 2017

Published or Updated: Aug 10, 2017

The report on US foreign trade in goods with Turkmenistan in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Turkmenistan

In the 1st quarter of 2017, US trade with Turkmenistan totaled $99.3 million, up 583.66% ($84.8 million) from the 1st quarter of 2016.

US exports to Turkmenistan in the 1st quarter of 2017 totaled $97.3 million, up 680.02% ($84.9 million) from the 1st quarter of 2016.

US imports from Turkmenistan in the 1st quarter of 2017 were $1.9 million, down 4.83% ($0.1 million) from the 1st quarter of 2016.

US trade surplus with Turkmenistan in the 1st quarter of 2017 was $95.4 million, a 814.11% increase ($85.0 million) over the 1st quarter of 2016.

Turkmenistan was the US 117th largest trading partner in the 1st quarter of 2017 (up from 167th in the 1st quarter of 2016), accounting for 0.0106% of US total trade (up from 0.0017% in the 1st quarter of 2016).

Turkmenistan was the US 101st largest export market in the 1st quarter of 2017 (up from 154th in the 1st quarter of 2016), accounting for 0.0261% of US total exports (up from 0.0036% in the 1st quarter of 2016).

Turkmenistan was the US 171st largest supplier in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0003% of US total imports (down from 0.0004% in the 1st quarter of 2016).

US Exports to Turkmenistan

The major share of US exports to Turkmenistan in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 97.53% of US total exports to Turkmenistan (75.28% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.36% of US total exports to Turkmenistan (3.31% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.55% of US total exports to Turkmenistan (17.24% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.00% of US total exports to Turkmenistan (2.35% in the 1st quarter of 2016).

The largest gains in US exports to Turkmenistan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $55.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $29.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2.4 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.6 million;
  • Meat and edible meat offal (HS code 02) - an increase of $0.5 million.

The largest declines in US exports to Turkmenistan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Miscellaneous chemical products (HS code 38) - a decrease of $1.7 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $1.4 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $0.3 million.
US exports to Turkmenistan in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 516.2 0.53 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 293.7-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3.5 0.00 25.2-86.33
29 Organic chemicals 33.5 0.03 28.617.13
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 10.5 0.01 128.4-91.82
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.0 0.00 44.2-100.00
38 Miscellaneous chemical products 41.7 0.04 1,696.7-97.54
39 Plastics and articles thereof 138.7 0.14 104.932.20
40 Rubber and articles thereof 302.8 0.31 122.8146.54
44 Wood and articles of wood; wood charcoal 0.0 0.00 12.2-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 74.2-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 7.6-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2.7 0.00 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 2.9-100.00
69 Ceramic products 0.0 0.00 6.6-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 54.6-100.00
73 Articles of iron or steel 862.8 0.89 236.4264.95
75 Nickel and articles thereof 137.5 0.14 64.1114.39
81 Other base metals; cermets; articles thereof 24.4 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 291.3 0.30 107.1171.96
83 Miscellaneous articles of base metal 3.2 0.00 5.4-41.85
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 34,972.2 35.93 5,890.2493.74
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 936.4 0.96 1,013.6-7.62
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,629.0 2.70 227.11,057.73
88 Aircraft, spacecraft, and parts thereof 55,529.8 57.05 13.7404,606.43
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 861.4 0.88 2,249.7-61.71
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 5.7 0.01 49.5-88.52
95 Toys, games and sports requisites; parts and accessories thereof 11.0 0.01 0.0
96 Miscellaneous manufactured articles 0.0 0.00 14.3-100.00

US Imports from Turkmenistan

The major share of US imports from Turkmenistan in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 70.23% of US total imports from Turkmenistan (80.98% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.51% of US total imports from Turkmenistan (10.26% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.82% of US total imports from Turkmenistan (0.00% in the 1st quarter of 2016).

The largest gains in US imports from Turkmenistan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - an increase of $0.2 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.1 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $0.1 million.

The largest declines in US imports from Turkmenistan in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Cotton (HS code 52) - a decrease of $0.4 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.0 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $0.0 million.
US imports from Turkmenistan in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
13 Lac; gums, resins and other vegetable saps and extracts 229.9 11.82 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 301.7 15.51 209.643.92
52 Cotton 1,252.6 64.42 1,653.1-24.23
54 Man-made filaments 1.0 0.05 0.93.68
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 0.6-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 112.0 5.76 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 3.2-100.00
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 0.0 0.00 9.7-100.00
97 Works of art, collectors’ pieces and antiques 2.4 0.12 41.5-94.22
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce