Syria recorded a trade deficit of 1909953 SYP Million in 2016. Balance of Trade in Syria averaged -70186.40 SYP Million from 1983 until 2016, reaching an all time high of 82856.40 SYP Million in 1990 and a record low of -1909953 SYP Million in 2016.

Balance of Trade in Syria is expected to be 7976.00 SYP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Syria Balance of Trade is projected to trend around 7976.00 SYP Million in 2020, according to our econometric models.

Syria Balance of Trade
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Syria Trade Last Previous Highest Lowest Unit
Balance of Trade -1909953.00 -1287276.00 82856.40 -1909953.00 SYP Million [+]
Current Account to GDP -0.62 -2.15 3.45 -2.15 percent [+]
Exports 328519.00 210065.00 505107.00 13391.20 SYP Million [+]
Imports 2238472.00 1497340.00 2238472.00 17337.20 SYP Million [+]
Gold Reserves 25.80 25.80 25.91 25.80 Tonnes [+]
Crude Oil Production 25.00 25.00 598.00 14.00 BBL/D/1K [+]
Terrorism Index 8.32 8.62 8.62 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Syria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Syria Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1909953.00 -1287276.00 82856.40 -1909953.00 1983 - 2016 SYP Million Yearly




Country Last Previous
Argentina 372.00 Jan/19
Australia 4549.00 Jan/19
Brazil 3670.00 Feb/19
Canada -4593.40 Dec/18
China 41.18 Feb/19
Euro Area 1547.90 Jan/19
France -4195.00 Jan/19
Germany 14500.00 Jan/19
India -9600.00 Feb/19
Indonesia 329.50 Feb/19
Italy 321.80 Jan/19
Japan 339.00 Feb/19
Mexico -4809.60 Jan/19
Netherlands 2868.00 Jan/19
Russia 13368.00 Jan/19
Saudi Arabia 184673.00 Sep/18
Singapore 5198.50 Feb/19
South Africa -13082.76 Jan/19
South Korea 3098.00 Feb/19
Spain -4483276.00 Jan/19
Switzerland 2037.56 Feb/19
Turkey -2503.45 Jan/19
United Kingdom -3825.00 Jan/19
United States -59769.00 Dec/18


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