[7] The economy is based on agriculture, handicrafts, animal husbandry, fishing and tourism, with 50 percent of Iranian caviar being extracted near this port.

Cotton is grown abundantly in the harbor which makes Bandar Torkaman a strategic cotton-cultivator in the country.

During Norouz (New Iranian Year) and summers, this jetty is full of seasonal merchants who bring Turkman fabricated objects to the city for sale.

During the colder months of the year, the Gomishan lagoon, Bandar Torkaman's highly biodiverse wetland habitat, hosts many thousands of migrating birds from icy Siberia, far to the northeast, including cranes, ducks, storks and geese.

Jajim (rustic textiles, similar to mats or blankets), and Palas (homespun woolen cloth), woven by local craftspeople, are yet further regional art-forms which showcase the time-honoured traditions and skills of the Turkmen of northeastern Iran, who share a common cultural heritage with their neighbors in nearby Turkmenistan.

During the Ramadan mourning season the residents rejoice, feast, and spray rose water and perfume in the mosques.

In the past, when Turkman tribesmen moved from one place to another, they did not carry some of their heavy belongings and instead buried them in graves; because of the sanctity of graveyards, nobody dared to steal the items.

The family of the bride-groom adorns a camel with ornamented clothes and lays a litter on it to mount the bride over the animal and carry her to the groom's house.

Traditional dress includes a skin cap and a loose red garment called Doon for men, Kooyink a loose skirt for women, Yaliq (worn by women at home instead of chador), and Boorik, a hat worn by girls before marriage, are the only traditional items which have survived in this northern port.

They take hold of each other's belt and the one who succeeds to lay the rival's back on the ground is pronounced winner and receives a present called Bayraq, which is either a ram or ewe.

This is a religious/mystical ceremony in which the youth wear loose colorful garments, congregate in a field and raise their hands on their heads in the form of prayer.

The man who bears the sword sings musical odes with a charming voice and the ceremony continues until they tighten their circle into a knot.