FEAS Yearbook FEAS Yearbook 2002 | Page 74

FEDERATION OF EURO-ASIAN STOCK EXCHANGES > YEARBOOK 2002/2003 > PAGE 72 STATE COMMODITY & RAW MATERIALS EXCHANGE OF TURKMENISTAN During the period from January to October 2002, the State Commodity and Raw Materials Exchange of Turkmenistan (SCRME) carried out 123 auctions for a total value of US$ 258.4 million and is broken down by sector as follows: Industry Petrochemistry Building Materials 2.18 Total Jan-Oct 2001 235.35 3.25 Machinery Construction Exports were down 33% over the same period a year earlier. The main exporters are: Turkmen oil and gas at 68.9%, Turkmen cotton at 8.1%, The Ministry of Textile Industry at 16.2% and the private sector at 6.8%. US$ millions Light Industry Agriculture EXPORT Industry 17.52 258.40 % Change US$ millions Light Industry 33.54 51.69 54% Petrochemistry 372.90 232.45 -38% 79.68 42.77 -46% Agriculture 0.10 Jan-Oct 2002 Building Materials 4.97 1.93 -61% Machinery 0.05 0.19 264% 491.14 329.03 -33% Total Export and import contracts for the period from January to October 2002 reached US$ 329.0 million and US$323.8 million respectively. IMPORT During the period from January to October 2002 total import contracts reached US$ 323.76 million. The main imports were consumer goods, foodstuff, and technical and industrial equipment for production. Baku Interbank SC&RME of Turkmenistan Currency Exchange Contact Information Dr. Nurgeldy Penjiev [email protected] www.exchangetm.com