Key data points
Last release
—
Observation period
2022
Next release
—
Forecast
—
Highest
65.80 B SYP on Dec 31, 2002
Lowest
−17.38 T SYP on Dec 31, 2022
About Syria Balance Of Trade
Due to the civil war, Syria is under international sanctions and foreign trade has been brought to a halt. In the 90s, Syria benefitted from higher oil revenues and was major oil producer. However, in recent years, declining oil production and a growth in imports had led to trade deficits. Syria’s other exports included fuels, calcium phosphate, sheep, tomatoes, electricity, cotton, chemicals and eggs. Syria mostly imported fuel, sugar, grains, iron and steel, cigarettes, plastics, vehicles and soy beans. Syria’s main trading partners were Italy, France, Saudi Arabia, Turkey, Iraq, Ukraine, China, the United States, Russia, Lebanon, South Korea and Egypt.