Foreign Trade - study case: Syria

Bc. Rana Massad

Master's thesis

Abstract:

Foreign commerce is one of the most essential aspects of a country's economy, and this thesis examines Syrian foreign trade from 2011 to 2019. The thesis' major goal is to compile a study of Syrian commerce in relation to other factors that influence it. It is divided into two parts: theoretical and practical. The theoretical section is dedicated to describing an overview of international commerce in order to gain a thorough knowledge of its relevance, needs, and aims. The practical part covers Syria, including an overview of the country's trade-related data and a study of the export volume relationship with chosen factors from 2011 to 2019. The research revealed an inherent structural defect in the foreign trade sector, especially in the commodity structure of exports and imports, in this study of the development of the Syrian trade balance from 2011 to 2019. The trade balance suffers from a consistent deficit in general, which has worsened significantly due to the ongoing conflict, and a low rate of export coverage of imports (consumer, intermediary, capitalist). Gretl software is used to conduct the analysis of the volume of exports, Saudi Arabia’s GDP, inflation, and exchange rate. Which is based on a one-equation econometric model. The model is also economically, statistically, and econometrically verified.

Keywords

Syria, Foreign Trade, Imports, Export, balance of trade, econometric analysis, Gretl, trade partners, degree of openness, coverage ratio

Language used: English

Date on which the thesis was submitted / produced: 31. 3. 2022

Thesis defence

• Supervisor: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management