The Syrian Civil War is the largest ongoing military conflict in the world, already claiming a total of at least 167,000 lives* since civil unrest first erupted in March 2011 on the heels of the Arab Spring. Human life is one measure of a wars devastation. Today, we examine the devastation of war from an economic perspective: international trade. The disruption in Syrian trade has already lowered its ranking globally from the 88th largest exporter in 2011 to the 141st in 2015.
Humanitarian aid has partially offset some of Syria’s loss in merchandise imports. Amounting to roughly $4.5 billion in 2015, aid was almost equal to Syria's total merchandise imports that same year. These numbers should be used and considered with due caution given reporting lapses and losses that go hand-in-hand with a country in civil war.
Learn more about Syria’s trade profile and arms and ammunition trade below in today’s Viz of the Day.
World Trade Organization provides trade statistics of textile exports and imports by country up to 2015. China, India and Germany are the leading countries in the clothing industry in the world. From 2000, China, with nearly 30 percent of the global market share and a market value of $111 billion, was the largest textile exporter globally.The United States remained the first top textile importer in 2014. Among all the importers the US remained at the top during last two decades. World Trade Rankings World Commodity Trade Ranking | World Services Trade Ranking Country Export...