International Trade in Syria

International Trade in Syria

Thanks to a wave of economic liberalization, undertaken since the beginning of Bashar El Assad's presidency, the economic situation of the country has massively improved, the GDP more than doubling in five years and showing a growth rate of around 4% in the recent years. The country is... Read more

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Market Analyses About Syria (7)

Import and Export Services in Syria (109)

  • Has Kaucuk

    Has Kaucuk

    B2B Marketing, Syria

    Being active as from 1995, HAS KAUÇUK A.Ş. continues its activities as leader of the sector with its expert technical staff and...
  • Heritage Destination Consulting Ltd

    Heritage Destination Consulting Ltd

    Tourism Consulting, Syria

    International Heritage Interpretation & Heritage Tourism Destination Consultants Heritage Destination Consulting...

Business Tips About Syria (1)

Agents and Distributors in Syria (9)

  • Scc-Group

    Rami Sabbagh Charabati, Scc-Group

    Distributors, Syria

     SCC-Group is a Syrian company founded in 2005. We took the responsibility of representing many Local and International Companies....
  • EDPA


    Export Management, Syria

    EDPA has been created in 2009, and was meant to be the governmental arm to support better transition of both private and public sector...

Overview About International Trade in Syria

Main Industry Sectors

Syria, still in full economic boom, exports mostly raw materials (crude oil, cotton, cereals and phosphates). Agriculture constitutes a pillar of its economy, given its large population and its struggle to reach self-sufficiency. The agricultural sector contributes nearly 22% to GDP and employs one-third of the active population; however, it remains a fragile sector, since it directly depends on climatic conditions and especially on water scarcity, key regional factor. Cropland has increased by more than 50% since 1970, largely because of government incentives and more efficient use of irrigation methods. The principal crops include wheat, potatoes, sugar beet, and barley. Large numbers of poultry, cattle, and sheep are also raised.

Industry has a relatively important place thanks to the textile, chemical and of course oil industry, the latter representing 14% of the Syrian GDP. The hydrocarbon sector is very important for the Syrian economy and contributes up to 65% to the country's exports. Nevertheless, the country's oil reserves are diminishing from year to year and although the increase of barrel price enabled a growth of 4.5% between 2006 and 2007, experts

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