Syria-Italy Bilateral Trade Analysis 2023
Complete trade statistics: $103.33M total volume •Syria surplus: $442,441
Syria → Italy
$51.89M
Exports (2023)
Italy → Syria
$51.44M
Imports (2023)
Trade Balance
$442,441
Surplus for Syria
Total Trade
$103.33M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Syria and Italy. Green line shows exports from Syria, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Syria-Italy commercial relationship and competitive positioning in global markets.
Syria → Italy Exports
Export Market Intelligence
🎯 Strategic Export Focus
Syria's export portfolio to Italy demonstrates strategic specialization, with vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified representing a key competitive advantage in this bilateral market.
Italy → Syria Imports
Import Dependency Profile
📦 Import Strategy Analysis
Syria's import pattern from Italy reveals strategic sourcingin machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Syria demonstrates competitive strength in exportingvegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified to Italy, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $103.33M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Syria-Italy Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $103.33 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Syria maintains a surplus of $442.44 thousand
- Export Focus: Syria's primary exports include vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified, glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods, vegetables and mixed vegetables: n.e.c. in heading no. 0711, provisionally preserved but unsuitable in that state for immediate consumption
- Import Dependencies: Key imports from Italy include machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products, iron or non-alloy steel: flat-rolled, width 600mm or more, cold-rolled, n.e.c. in heading no. 7209, machines and mechanical appliances: having individual functions, n.e.c. or included in this chapter
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $103.33M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Syria leveraging its comparative advantages in vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Syria's specialization in vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modifiedcomplements Italy's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $103.33M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $103.33M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $103.33 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified and machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Syria's trade surplus of $442.44 thousand strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Syria and Italy represents a total trade volume of $103.33 million in 2023. This partnership demonstrates a favorable trade balance for Syria, with exports exceeding importsby $442.44 thousand.
Export Strengths
Syria's exports to Italy total $51.89 million, with competitive advantages in vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified, representing $30.19M or58.2% of bilateral exports.
Import Dependencies
Imports from Italy amount to $51.44 million, highlighting economic interdependence in machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products, with Machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products comprising6.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Syria's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Syria and Italy in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023