13.07.2020
This is reported by the expert of vesti.az ElmarUsifli in the review of the role of the textile industry in the economy of the Turkic Council countries.
The production and export of cotton is one of the oldest traditions in textile industry. The cotton is the main raw material. Among Turkic Council countries Turkey is the sixth country in the world with 988 thousand tons, Uzbekistan is the seventh in the world with 640 thousand tons, and Turkmenistan is the tenth with 300 thousand tons, thus they are among the top ten leading exporters of cotton in the world.
The countries with the necessary resources for the development of this industry (high-quality raw materials and labor, cheap energy resources, proximity to target export markets, logistic infrastructure), promise the great prospect of the textile industry.
In particular, the textile industry is the second most profitable one in Turkmenistan after gas and oil exports. Special importance is attached to carpet weaving, which is a valuable national heritage. A wide network of this industry has been established in all regions of the country.
The country also has developed sheep breeding, particularly Karakul breed, which is famous for its skin and wool.
The largest foreign investments in the textile industry of Turkmenistan are of Turkish origin. There are textile enterprises in the country (factories that produce fabrics, yarns, etc.) that produce 100% environmentally friendly products in accordance with the latest technologies.
The country's textile products (including cotton) are exported to more than 100 countries, including the United States, Canada, Russia, and the United Kingdom. The launch of the Lapis-Lazuli route between Azerbaijan and Turkmenistan in 2018, as well as other available transport infrastructure, played a major role in accelerating the export of Turkmen products to the Turkish and European markets. Thus by reducing the time and length of route for transportation, new opportunities had been open, making the country highly competitive in the textile industry.
