• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 66 mn
FDI inflows to India from April 2000-March 2020

US$ 60.64mn

bilateral trade during FY2020-21

Oil & Gas
employs 372 Overseas Indians in Turkmenistan

Oil & Gas

Turkmenistan hosts hydrocarbon resource base of around 71.6b tonnes of oil equivalent, including 18.2b tonnes in the Caspian Sea

Chemicals

India and Turkmenistan have explored opportunities in petrochemical sector and agreed to strengthen cooperation

Engineering

Indian entities have already been involved in Turkmenistan's infrastructure and engineering sector, including oilfield services

Tourism

Exposure owing to the nation's oil and gas sector have promoted the nation's culture and heritage for tourism

India's Exports and Imports to Turkmenistan

Values in US$ Million

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 91.98 68.53 57.6 54.31 45.64
2 %Growth -25.5 -15.95 -5.71 -15.96
3 India’s Total Export 3,10,338.48 2,62,291.09 2,75,852.43 3,03,526.16 3,30,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.03 0.03 0.02 0.02 0.01
6 IMPORT 13.05 46.97 21.32 26.15 20.63
7 %Growth 260.03 -54.61 22.66 -21.12
8 India’s Total Import 4,48,033.41 3,81,007.76 3,84,357.03 4,65,580.99 5,14,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0 0.01 0.01 0.01 0
11 TOTAL TRADE 105.03 115.5 78.92 80.46 66.27
12 %Growth 9.97 -31.67 1.95 -17.63
13 India’s Total Trade 7,58,371.89 6,43,298.84 6,60,209.46 7,69,107.15 8,44,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.01 0.02 0.01 0.01 0.01
16 TRADE BALANCE 78.94 21.56 36.28 28.16 25.02
17 India’s Trade Balance -1,37,694.93 -1,18,716.67 -1,08,504.60 -1,62,054.83 -1,84,000.33

 

Chamber of Commerce and Industry of Turkmenistan

+993-12-398-981

Visit Website

Ashgabat, Turkmenistan

Indian Trade Promotion Organisation

+91-11-2337-1540

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Pragati Bhawan, Pragati Maidan New Delhi-110001 (INDIA)

United Nations Economic and Social Commission for Asia and the Pacific

+66-2-288-1865

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The United Nations Building Rajadamnern Nok Avenue Bangkok 10200 Thailand

Embassy of India, Ashgabat

hoc.ashgabatmea.gov.in

+993-12-456152; 456153

Visit Website

Address: Y. Emre 1, Mir 2/1, PO Box No. 80, Ashgabat (Turkmenistan) 744017

Commercial Representative

+993-6569-2708

Ms. Shreeranjani K
Second Secretary and HOC

Commercial Representative

+993-6586-8516

Shri Ramesh Kumar
ASO (Commerce)

Opportunities

Minerals

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Turkmenistan
  • Fertiliser
  • Raw hides and skins
  • Inorganic chemicals
  • Cotton
  • Rice and wheat
  • Vegetables and fruits
India's top export to Turkmenistan
  • Electronic and electrical items
  • Machinery and engineering items
  • Woven apparel
  • Pharmaceuticals
  • Tyres and auto components

Bilateral Investors

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