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Pricing

2022
Flag → Flag
Exports $23.8MRnk 146 / 222
2022
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Top Product $2.54MAnimal Food
2022
Flag → Flag
Exports $304MRnk 3 / 135
2022
Flag → Flag
Top Product $266MGold
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
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GDP GROWTH-27.3%CURRENT US$
Rnk 181 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$5,858CURRENT US$
Rnk 105 / 186
2012-2022
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GDP PC GROWTH-34.3%CURRENT US$
Rnk 179 / 186

About

Belgium-Suriname In 2022, Belgium exported $23.8M to Suriname. The main products that Belgium exported to Suriname are Animal Food ($2.54M), Coated Flat-Rolled Iron ($1.57M), and Other Frozen Vegetables ($1.37M). During the last 23 years the exports of Belgium to Suriname have increased at an annualized rate of 1.9%, from $15.4M in 1999 to $23.8M in 2022.

In 2022, Belgium did not export any services to Suriname.

Suriname-Belgium In 2022, Suriname exported $304M to Belgium. The main products that Suriname exported to Belgium were Gold ($266M), Refined Petroleum ($33M), and Sawn Wood ($3.65M). During the last 23 years the exports of Suriname to Belgium have increased at an annualized rate of 31.7%, from $537k in 1999 to $304M in 2022.

In 2022, Suriname did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28),  and 13 in total exports ($475B). That same year, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €1.57M and imported €54.2k from Suriname, resulting in a positive trade balance of €1.52M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-339k (-17.7%) from €1.91M to €1.57M, while imports decreased by €-48.6k (-47.3%) from €103k to €54.2k.

Trade In December 2023, the top exports of Belgium to Suriname were Preparations of vegetables, fruit, nuts or... (€307k), Beverages, spirits, & vinegar (€208k), Machinery, mechanical appliances, & parts (€145k), Edible products of animal origin, n.e.s. (€90.6k), and Food residues & wastes; animal fodder (€69k). In December 2023 the top imports of Belgium from Suriname were Wood, wood articles, & charcoal (€326k) and Electrical machinery and electronics (€67.2k).

Growth In December 2023, the decrease in Belgium's year-by-year exports to Suriname was explained primarily by an decrease in product exports in Food residues & wastes; animal fodder (€-97.5k or -58.6%), Plastics & articles thereof (€-61.4k or -92.5%), and Inorganic chemicals (€-53k or -98.7%). In December 2023, the decrease in Belgium's year-by-year imports  from Suriname was explained primarily by an decrease in product imports  in Wood, wood articles, & charcoal (€-4.13k or -1.25%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-339k(-17.7%)
IMPORT GROWTH (December 2022 - December 2023)€-48.6k(-47.3%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Suriname and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $23.8M to Suriname. The main products exported from Belgium to Suriname were Animal Food ($2.54M), Coated Flat-Rolled Iron ($1.57M), and Other Frozen Vegetables ($1.37M). During the last 23 years the exports of Belgium to Suriname have increased at an annualized rate of 1.9%, from $15.4M in 1999 to $23.8M in 2022.

In 2022, Suriname exported $304M to Belgium. The main products exported from Suriname to Belgium were Gold ($266M), Refined Petroleum ($33M), and Sawn Wood ($3.65M). During the last 23 years the exports of Suriname to Belgium have increased at an annualized rate of 31.7%, from $537k in 1999 to $304M in 2022.

Exports from Belgium (Flag) to Suriname (Flag) (2022)

Exports from Suriname (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Suriname
Top DestinationSwitzerland$1.15B

This map shows whether countries import more from Belgium or Suriname. Each country is colored based on the difference in imports they receive from Belgium and Suriname or the difference in the growth in imports.

In 2021, countries that imported more from Belgium than Suriname were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Suriname than Belgium were Guyana ($159M), Jamaica ($54.9M), and Barbados ($16.2M).

Difference in imports from Suriname (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Suriname

Flow
Scale

This chart compares trade between Belgium and Suriname by product, considering products traded by both, Belgium and Suriname.

During 2022, Belgium had a large net trade with Suriname in the exports of Foodstuffs ($6.61M), Machines ($4.43M), and Chemical Products ($4.21M).

During 2022, Suriname had a large net trade with Belgium in the exports of Precious Metals ($266M), Mineral Products ($33M), and Wood Products ($3.66M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Suriname. Similarly, the more yellow a dot/product is, the more Suriname has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Suriname (Flag) (2022)

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