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Bloomberg: Turkish imports rise amid Syria conflict impact
The article discusses the economic developments between Turkey and Syria, focusing on increased trade exchange and the flow of Turkish goods into the Syrian market following the fall of Bashar Assad's regime in December 2024. Over 361,000 trucks carrying approximately 8 million tons of goods were crossed during 2025, amounting to nearly $3.5 billion. In contrast, Syrian exports to Turkey declined by 46%, reaching only $235 million, resulting in a Turkish trade surplus of around $3.3 billion. Syrian officials believe that this commercial activity reflects increased domestic demand and reconstruction efforts, but it also raises concerns about unfair competition that could harm the local industry, which has been weakened by the war and suffers from reduced competitiveness due to high energy prices and unorganized import regulation measures. Currently, the Syrian government is moving toward strengthening cooperation with Turkey through agreements and facilitation of freight movement, but fears of an influx of Turkish imports underscore the need to restore local production capacity to achieve a sustainable trade balance.
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