Syria

Syria ranked No. 198 in total trade value through June with a total of $7.85 million. Exports totaled $1.22 million and Imports totaled $6.63 million, a deficit of $5.4 million.

U.S. trade with Syria rose to $7.85 million through June

Syria’s trade with the United States rose to $7.85 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 21.18 percent above its total trade during the same time period last year. U.S. exports to Syria decreased 67.47 percent while U.S. imports from Syria rose 143.5 percent. The U.S. deficit with Syria was $5.4 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Los Angeles International Airport; No. 2 Port of Newark; No. 3 Port of New York; No. 4 Port of Los Angeles; and No. 5 Port Miami. During the same period the previous year, the top five were No. 1 Port of New York; No. 2 Port of Newark; No. 3 Los Angeles International Airport; No. 4 Port of Long Beach and No. 5 Port Miami. In the current time period, the top five accounted for 88.88 percent of Syria’s U.S. trade.

Among those top five:

  • Trade with No. 1 Los Angeles International Airport rose 283.71 percent to $4.44 million.
    Exports fell 73.02 percent to $303,686. Imports rose 12583 percent to $4.14 million.
  • Trade with No. 2 Port of Newark fell 24.8 percent to $1.04 million.
    There were no exports. Imports fell 24.8 percent to $1.04 million.
  • Trade with No. 3 Port of New York fell 59.83 percent to $638,904.
    Exports fell 60.07 percent to $610,529. Imports fell 53.68 percent to $28,375.
  • Trade with No. 4 Port of Los Angeles rose 170.07 percent to $554,155.
    There were no exports. Imports rose 170.07 percent to $554,155.
  • Trade with No. 5 Port Miami fell 26.68 percent to $295,435.
    There were no exports. Imports fell 26.68 percent to $295,435.

Syria ranked No. 198 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 203.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Syria by value through June were the categories of Prepared foods, beverages; Seeds, fruits and spores, for sowing; Returned exports, with change; Sutures, dental cements, etc.; and Orthopedic appliances, artificial body parts, respectively. They accounted for 95.67 percent of total exports to Syria.

The value of the top five categories of U.S. imports from Syria –– Antiques; Seeds of anise, badian, fennel, coriander, cumin or caraway; juniper berries; Granite, marble, other stones; Olive oil; and Estimates of low-value imports –– accounted for 80.95 percent of all inbound shipments.

Looking more closely at U.S. exports to Syria:

  • Prepared foods, beverages totaled $598,574. The previous year, there were no exports in this category.
  • Seeds, fruits and spores, for sowing fell 30.94 percent compared to last year to $468,864.
  • Returned exports, with change fell 98.01 percent compared to last year to $44,205.
  • Sutures, dental cements, etc. fell 52.06 percent compared to last year to $28,797.
  • Orthopedic appliances, artificial body parts fell 39.3 percent compared to last year to $28,037.

Looking more closely at U.S. imports from Syria:

  • Antiques totaled $4.15 million. The previous year, there were no imports in this category.
  • Seeds of anise, badian, fennel, coriander, cumin or caraway; juniper berries fell 51.32 percent compared to last year to $443,657.
  • Granite, marble, other stones fell 41.64 percent compared to last year to $326,619.
  • Olive oil rose 184.52 percent compared to last year to $238,097.
  • Estimates of low-value imports rose 29.75 percent compared to last year to $202,268.

In the latest annual figures available, Syria recorded $14.57 million in trade with the United States. Total U.S. exports to Syria were $ 8.6 million and imports from Syria were $5.97 million. The U.S. surplus with Syria was $2.63 million.