Recent technological developments have led to a major development in the ebusiness environment, announcing the emergence of the new term “knowledge economy” as one of the most important economic nomenclatures. E-commerce which is considered as one of the most significant applications of this economy has evolved a lot in the last decade according to the evolution of its revenue in many countries around the world. E-commerce contributes to the economic development through its positive impact on a range of economic indicators such as GDP and export development. The aim of this research is to study whether there was a correlation between the development of electronic commerce and the amount of Syrian exports and imports during the period between 2000 and 2010. The results showed a good correlation between the above mentioned variables, but with no possibility to assert whether it was a causal correlation in the light of general economic conditions in Syria during that period.