2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Italy-Syria Trade: In 2023, Italy exported $51.4M to Syria. The main products that Italy exported to Syria were Industrial Food Preperation Machinery ($3.5M), Valves ($2.63M), and Machinery Having Individual Functions ($2.29M). Over the past 5 years the exports of Italy to Syria have decreased at an annualized rate of 16%, from $123M in 2018 to $51.4M in 2023.

In 2023, Italy did not export any services to Syria.

Syria-Italy Trade: In 2023, Syria exported $51.9M to Italy. The main products that Syria exported to Italy were Pure Olive Oil ($30.2M), Glass Bottles ($13.9M), and Preserved Vegetables ($2.24M). Over the past 5 years the exports of Syria to Italy have increased at an annualized rate of 41.6%,  from $9.11M in 2018 to $51.9M in 2023.

In 2023, Syria did not export any services to Italy.

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Syria ranked 155 in total exports ($1.27B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $51.4M to Syria. The main products exported from Italy to Syria were Industrial Food Preperation Machinery ($3.5M), Valves ($2.63M), and Machinery Having Individual Functions ($2.29M). During the last 5 years the exports of Italy to Syria have decreased at an annualized rate of 16%, from $123M in 2018 to $51.4M in 2023.

In 2018, Syria exported $51.9M to Italy. The main products exported from Syria to Italy were Pure Olive Oil ($30.2M), Glass Bottles ($13.9M), and Preserved Vegetables ($2.24M). During the last 5 years the exports of Syria to Italy have increased at an annualized rate of 41.6%, from $9.11M in 2023 to $51.9M in 2018.

Exports from Italy (Flag) to Syria (Flag) (2023)

Exports from Syria (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Syria
Top Destination
Turkey$363M

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

In 2023, countries that imported more from Italy than Syria included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Syria than from Italy.

Difference in imports from Syria (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Syria

Flow
Scale

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

During 2023, Italy had a large net trade with Syria in the exports of Machines ($20.6M), Chemical Products ($8.11M), and Metals ($7.37M).

During 2018, Syria had a large net trade with Italy in the exports of Animal and Vegetable Bi-Products ($30.2M), Stone And Glass ($13.9M), and Vegetable Products ($5.38M).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Syria (Flag) (2023)

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