Syrian Arab Republic

In 2010, the value of merchandise exports of the Syrian Arab Republic increased substantially by 17.1 percent to reach 11.4 bln US$, while its merchandise imports increased substantially by 13.7 percent to reach 17.6 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 6.2 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -2.3 bln US$ (see graph 4). Merchandise exports in the Syrian Arab Republic were diversified amongst partners; imports were also diversified. The top 12 partners accounted for 80 percent or more of exports and 22 partners accounted for 80 percent or more of imports (see graph 5). In 2010, the value of exports of services of the Syrian Arab Republic increased substantially by 52.8 percent, reaching 7.3 bln US$, while its imports of services increased substantially by 23.2 percent and reached 3.5 bln US$ (see graph 2). There was a large trade in services surplus of 3.8 bln US$.

Related Subject(s): International Trade and Finance

Countries: Syrian Arab Republic