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Economy

Turkmenistan's China trade runs $5 out for every $1 back

Trade between Turkmenistan and China came to $4.82 billion in the first half of 2026, and its structure is the story: $4.04 billion of Turkmen exports against $778 million of imports.

Turkmenistan's China trade runs $5 out for every $1 back

The figures are Beijing's. China's General Customs Administration data, carried on Tuesday by Chronicles of Turkmenistan, an exile outlet, puts June's turnover alone at $890 million and the full 2025 year at $10.05 billion. No matching release surfaced on Ashgabat's side.

The export line is anchored by gas under long-term contracts, and the same report notes the direction of travel: construction began in April on the fourth phase of Galkynysh, the field behind the China contracts, and China, it writes, will stay the largest market for Turkmen gas.

The figures are Beijing's.

Five to one is the dependence in a single ratio. By the same table, June alone brought $890 million of trade, while the region's other export routes made news for stopping.