Syria-Spain Bilateral Trade Analysis 2023
Complete trade statistics: $80.12M total volume •Syria surplus: $9.77M
Syria → Spain
$44.95M
Exports (2023)
Spain → Syria
$35.18M
Imports (2023)
Trade Balance
$9.77M
Surplus for Syria
Total Trade
$80.12M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Syria and Spain. 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-Spain commercial relationship and competitive positioning in global markets.
Syria → Spain Exports
Export Market Intelligence
🎯 Strategic Export Focus
Syria's export portfolio to Spain 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.
Spain → Syria Imports
Import Dependency Profile
📦 Import Strategy Analysis
Syria's import pattern from Spain reveals strategic sourcingin glass: glass frit and other glass, in the form of powder, granules or flakes, 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 Spain, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $80.12M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Syria-Spain Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $80.12 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Syria maintains a surplus of $9.77 million
- Export Focus: Syria's primary exports include vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified, vegetables and mixed vegetables: n.e.c. in heading no. 0711, provisionally preserved but unsuitable in that state for immediate consumption, spices: cumin seeds, neither crushed nor ground
- Import Dependencies: Key imports from Spain include glass: glass frit and other glass, in the form of powder, granules or flakes, odoriferous substances and mixtures: used as raw materials in industries other than the food or drink industries, paper and paperboard: uncoated, weight more than 150g/m2 but less than 225 g/m2, in rolls or sheets, n.e.c. in heading no. 4805
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 $80.12M 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 Spain's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in glass: glass frit and other glass, in the form of powder, granules or flakes.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $80.12M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $80.12M 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 $80.12 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 glass: glass frit and other glass, in the form of powder, granules or flakes demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Syria's trade surplus of $9.77 million 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 Spain represents a total trade volume of $80.12 million in 2023. This partnership demonstrates a favorable trade balance for Syria, with exports exceeding importsby $9.77 million.
Export Strengths
Syria's exports to Spain total $44.95 million, with competitive advantages in vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified, representing $30.10M or67.0% of bilateral exports.
Import Dependencies
Imports from Spain amount to $35.18 million, highlighting economic interdependence in glass: glass frit and other glass, in the form of powder, granules or flakes, with Glass: glass frit and other glass, in the form of powder, granules or flakes comprising13.1% 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 Spain in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023