Foreign Trade in Syria - Case Study of Iron and steel trade

B.Sc. Waseem Hossni

Master's thesis

Abstract:

Syria was suffering from a massive conflict over the last years, this conflict originates big destruction. This conflict started lately to subsidence, keeping questions about the reconstruction era, what I see as an opportunity to do my thesis about the main materials for constructions witch are the Iron and Steel.The trade balance in Syria is more preponderant to Import due to the import of the manufactured goods, Steel and Iron definitely at the top of the list. Many changes happened lately in the trade partners as a result of the sanction can affect the trade trends and tendencies regarding many materials.The imported steel and iron are the basic resources to meet the demand in the domestic market and there are many factors affecting these materials worth studying.A good knowledge could be gained from this study about international trade explaining the main points should be known. Also steel and iron will have a good part in the literature review to be explained.The practical part will go deep connecting both the international trade with Iron and steel for a specific case of Syrian iron and steel trade by presenting in figures the connectivity of these two topics. These figures will cover the period between 2003 and 2017, and I would mention that I choose this period because it is combining between the two different eras in Syria to make the sample more comprehensive and have more accurate results.The Hypothesis has been tested in the practical part using the regression analysis had the result for the existing relationship between Steel import as the dependent variable with (GDP growth, steel production, population, and exchange rate) as the independent variables. As a result, we had a model can explain the steel and iron market in Syria and showed the relation between the real values and the anticipated values from this model. This model will help in the future to have more understating from a national or investor point of view.Keywords: foreign trade, international trade, iron and steel market, economy of Syria, regression analysis, import.

Keywords

foreign trade, iron and steel market, regression analysis

Language used: English

Date on which the thesis was submitted / produced: 4. 4. 2020

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