(MENAFN) Syria's total value of exports according to customs data for the last year (2017) was about USD700 million " showing an increase of about USD40 million over the previous year (2016), when the value stood at about USD660 million (noting that it was about USD9 billion in 2010), according to what Al-Watan learned from official sources in the Ministry of Economy and Foreign Trade.
The prime minister said during his meeting with directors of economic institutions last week that the value of imports of basic goods alone in 2017 stood at USD3.7 billion.
The minister of economy and foreign trade said in previous statements that primary goods account for more than 70% of the total imports, and based on that, estimates for total value of imports can be made at between USD4.6-4.8 billion (with the rate between 70-75%).
The economy data which Al-Watan obtained a detailed copy of indicates that exports have decreased during the war (between 2011 and 2017) by about 90% and imports by about 80%, and that the average coverage ratio of exports to imports in this period reached just 28% (while it had been over 70% in 2010).
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