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2022
Economic Complexity
Research -1.34Rank 134 of 140
2023
Product
Exports | Imports $1.27B | $4.19B155 of 226 |  150 of 226
2023
Per Capita Product
Exports | Imports $53.6 | $178174 of 220 |  205 of 220

About

Overview In 2023 Syria was the number 155 economy in the world in terms of total exports and the number 150 in total imports.

Exports The top exports of Syria are Pure Olive Oil ($306M), Calcium Phosphates ($148M), Spice Seeds ($63.9M), Raw Cotton ($48.6M), and Tomatoes ($44.1M), exporting mostly to Turkey ($363M), Saudi Arabia ($204M), Lebanon ($131M), India ($127M), and United Arab Emirates ($69M).

Imports The top imports of Syria are Rolled Tobacco ($368M), Wheat Flours ($139M), Seed Oils ($118M), Refined Petroleum ($104M), and Rice ($87.1M), importing mostly from Turkey ($2.05B), United Arab Emirates ($458M), China ($356M), Egypt ($298M), and Lebanon ($126M).

Location Syria borders Iraq, Israel, Jordan, Lebanon, and Turkey by land and Cyprus by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Syria.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Pure Olive Oil$306M
Top Destination (2023)Turkey$363M

In 2023, Syria exported a total of $1.27B, making it the number 155 exporter in the world. During the last five reported years the exports of Syria have changed by $510M from $756M in 2018 to $1.27B in 2023.

The most recent exports are led by Pure Olive Oil ($306M), Calcium Phosphates ($148M), Spice Seeds ($63.9M), Raw Cotton ($48.6M), and Tomatoes ($44.1M). The most common destination for the exports of Syria are Turkey ($363M), Saudi Arabia ($204M), Lebanon ($131M), India ($127M), and United Arab Emirates ($69M).

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Exports (2023)
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Destinations (2023)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2022 - 2023)
Turkey$129M (+ 55%)
India$117M (+ 1.18k%)
Italy$37.5M (+ 260%)
Fastest Growing Import Markets (2022 - 2023)
Switzerland$15M (+ 99.8%)
Hungary$12.4M (+ 617%)
Thailand$11.9M (+ 82.3%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Syria Exports Services (2010)$7.33B
Syria Imports Services (2010)$3.53B

In 2010, Syria exported $7.33B worth of services. The top services exported by Syria in 2010 were Personal travel ($6.19B), Transportation ($529M), Government services, n.i.e. ($293M), Communications services ($141M), and Financial services ($67.2M).

The top services imported by Syria in 2010 were Transportation ($1.59B), Personal travel ($1.51B), Insurance services ($121M), Government services, n.i.e. ($96.3M), and Services not allocated ($94.4M).

Service Exports (2010)

Service Imports (2010)

Economic Complexity

Overview

Economic Complexity (Research)-1.34Rank 134 of 140

Most Specialized Products by RCA Index

Syria has a high level of specialization in Spice Seeds (657), Calcium Phosphates (529), Preserved Vegetables (514), Pure Olive Oil (461), and Spices (133). Specialization is measured using RCA, an index that takes the ratio between Syria observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Syria according to the relatedness index, were Insect Resins (0.23), Packing Bags (0.23), Cassava (0.23), Knit Men's Shirts (0.23), and Gold (0.23). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Syria is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Syria. These are products that tend to be co-exported with the products that Syria exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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