India (IND) and Syria (SYR) Trade | The Observatory of Economic Complexity

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India-Syria Trade: In 2022, India exported $146M to Syria. The main products that India exported to Syria were Raw Sugar ($50.2M), Rice ($8.96M), and Vaccines, blood, antisera, toxins and cultures ($6.6M). Over the past 5 years the exports of India to Syria have increased at an annualized rate of 35.5%, from $31.9M in 2017 to $146M in 2022.

In 2022, India did not export any services to Syria.

Syria-India Trade: In 2022, Syria exported $28.9M to India. The main products that Syria exported to India were Wool ($9.19M), Other Nuts ($378k), and Tanned Sheep Hides ($267k). Over the past 5 years the exports of Syria to India have increased at an annualized rate of 27.4%, from $8.63M in 2017 to $28.9M in 2022.

In 2022, Syria did not export any services to India.

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Syria ranked 164 in total exports ($771M), and does not have data regarding Economic Complexity Index.

Latest Trends

April, 2024

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Overview In April 2024, India exported $11.4M and imported $783k from Syria, resulting in a positive trade balance of $10.6M. Between April 2023 and April 2024 the exports of India have increased by $3.84M (51%) from $7.52M to $11.4M, while imports decreased by $-1.21M (-60.8%) from $2M to $783k.

Trade In April 2024, the top exports of India to Syria were Sugar ($1.45M), Rice -Basmoti ($1.35M), Manmade Yarn,Fabrics,Madeups ($315k), Cosmetics And Toiletries ($174k), and Drug Formulations, Biologicals ($174k). In April 2024 the top imports of India from Syria were Wool, Raw ($214k), Raw Hides And Skins ($56.5k), and Finished Leather ($44k).

Growth In April 2024, the increase in India's year-by-year exports to Syria was explained primarily by an increase in product exports in Rice -Basmoti ($1.11M or 466%), Oth Non Ferous Metal And Prodc ($25.5k or 124%), and Plastic Raw Materials ($22.9k or 127%). In April 2024, the decrease in India's year-by-year imports from Syria was explained primarily by an decrease in product imports in Wool, Raw ($-767k or -78.2%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$3.84M(51%)

IMPORT GROWTH (April 2023 - April 2024)$-1.21M(-60.8%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Syria and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $146M to Syria. The main products exported from India to Syria were Raw Sugar ($50.2M), Rice ($8.96M), and Vaccines, blood, antisera, toxins and cultures ($6.6M). During the last 5 years the exports of India to Syria have increased at an annualized rate of 35.5%, from $31.9M in 2017 to $146M in 2022.

In 2017, Syria exported $28.9M to India. The main products exported from Syria to India were Wool ($9.19M), Other Nuts ($378k), and Tanned Sheep Hides ($267k). During the last 22 years the exports of Syria to India have increased at an annualized rate of 27.4%, from $8.63M in 1995 to $28.9M in 2017.

Exports from India () to Syria () (2022)

Exports from Syria () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Syria
Top DestinationTurkey$226M

This map shows whether countries import more from India or Syria. Each country is colored based on the difference in imports they receive from India and Syria or the difference in the growth in imports.

In 2022, countries that imported more from India than Syria included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Syria than from India.

Difference in imports from Syria () and India () (2022)

Comparative Advantage India - Syria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between India and Syria by product, considering products traded by both, India and Syria.

During 2022, India had a large net trade with Syria in the exports of Foodstuffs ($56.9M), Chemical Products ($18.3M), and Vegetable Products ($16.1M).

During 2017, Syria had a large net trade with India in the exports of Textiles ($9.19M), Vegetable Products ($378k), and Animal Hides ($353k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and Syria. This means that a dot/product with the flag of India indicates it has a comparative advantage over Syria. Similarly, a dot/product with the flag of Syria indicates it has a comparative advantage over India.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from India () to Syria () (2022)

Exports from Syria () to India () (2022)

Market Competitiveness

Difference in imports from Syria () and India () (2022)

Comparative Advantage India - Syria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of India () and Syria () (2022)

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