Syria"s petroleum market presents a complex yet intriguing landscape marked by significant fluctuations in oil rents. From 2010 to 2015, oil rents as a percentage of GDP fell sharply from 3. 83% to 1. 97%. This decline is primarily due to geopolitical tensions and infrastructural damage, which have disrupted production and export capabilities. Surprisingly, natural gas rents surged from 0. 22% to 1. 52% within the same period, indicating a potential shift towards natural gas exploitation as a compensatory strategy for lost oil revenues.

Despite these challenges, there is an untapped opportunity for growth in the export of petroleum-related products like Base Oil, Bitumen, and Paraffin. Syria"s rich natural resources, once stabilized, could bolster its position in the global market. Comparable countries have capitalized on similar resource bases by investing in technology and infrastructure, which Syria could emulate to rejuvenate its petroleum sector. However, the depletion rates of energy resources and the associated economic costs—such as a notable drop in energy depletion from 3. 18% to 0. 82% of GNI—highlight the pressing need for sustainable management practices. The Syrian government and businesses must focus on sustainable resource utilization and seek partnerships that enhance technological capabilities and trade efficiencies. Aritral.

com, an AI-driven B2B platform, offers a suite of services to navigate this volatile market. Through Product Listing, Direct Communication, and AI-Powered Marketing, companies can effectively engage with global petroleum suppliers and buyers, thus overcoming logistical and communication barriers. By leveraging Aritral"s platform, businesses in Syria can optimize their market presence and tap into unexplored avenues of growth, ensuring resilience in an evolving economic environment. "