Syrian Arab Republic
Asia & Middle East
Trade in Syrian Arab Republic
| The Syrian Arab Republic was the world’s 158th largest exporter of goods in 2022. Export values were $4.36 billion USD. The Syrian Arab Republic’s top export category was Agricultural products, followed by Manufactures, and Fuels and mining products. In 2022, The Syrian Arab Republic’s main export destination markets for goods and services trade were to Iraq, Italy and Germany. In terms of imports, The Syrian Arab Republic is the world’s 144th largest importer of goods. Import values were $6.39 billion USD in 2022. The Syrian Arab Republic’s top import category was Manufactures, followed by Agricultural products and Chemicals. Leading import partners were Turkey, China and Italy. The Syrian Arab Republic is part of 3 different Regional Trade Agreements, including EU – Syria and Pan-Arab Free Trade Area (PAFTA). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Syrian Arab Republic |
Abbreviation |
SY |
Capital |
Damascus |
WTO Membership Date |
Observer |
Legal System |
mixed legal system of civil and Islamic (sharia) law (for family courts) |
Language |
Arabic |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Syrian pound |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Industrial Property Offices |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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