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Pricing

2022
Product
Exports | Imports $2.94B | $2.08B137 of 226 |  162 of 226
2022
Per Capita Product
Exports | Imports $4.75k | $3.37k45 of 219 |  108 of 219

About

Overview In 2022 Suriname was the number 137 economy in the world in terms of total exports and the number 162 in total imports.

Exports The top exports of Suriname are Gold ($2.03B), Refined Petroleum ($279M), Excavation Machinery ($117M), Rough Wood ($80.9M), and Rolled Tobacco ($38.9M), exporting mostly to Switzerland ($1.15B), United Arab Emirates ($609M), Belgium ($304M), Guyana ($159M), and Trinidad and Tobago ($126M).

Imports The top imports of Suriname are Refined Petroleum ($212M), Excavation Machinery ($82.6M), Cars ($61.6M), Rolled Tobacco ($55.3M), and Delivery Trucks ($52.3M), importing mostly from United States ($519M), China ($307M), Netherlands ($266M), Trinidad and Tobago ($115M), and Japan ($62.7M).

Location Suriname borders Brazil, France, and Guyana by land.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Suriname.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Gold$2.03B
Top Destination (2022)Switzerland$1.15B

In 2022, Suriname exported a total of $2.94B, making it the number 137 exporter in the world. During the last five reported years the exports of Suriname have changed by $249M from $2.69B in 2017 to $2.94B in 2022.

The most recent exports are led by Gold ($2.03B), Refined Petroleum ($279M), Excavation Machinery ($117M), Rough Wood ($80.9M), and Rolled Tobacco ($38.9M). The most common destination for the exports of Suriname are Switzerland ($1.15B), United Arab Emirates ($609M), Belgium ($304M), Guyana ($159M), and Trinidad and Tobago ($126M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Fastest Growing Export Markets (2021 - 2022)
Belgium$140M (+ 85.7%)
Mexico$64.7M (+ 86.3k%)
Trinidad and Tobago$55.8M (+ 79.5%)
Fastest Growing Import Markets (2021 - 2022)
United States$199M (+ 62.3%)
China$53.8M (+ 21.2%)
Guyana$17.3M (+ 89.9%)

Total Export Growth by Market (2021 - 2022)

Service Trade

Service Trade

Suriname Exports Services (2020)$104M
Suriname Imports Services (2020)$516M

In 2020, Suriname exported $104M worth of services. The top services exported by Suriname in 2020 were Miscellaneous business, professional, and technical services ($38.9M), Sea transport ($18.2M), Personal travel ($13.9M), Air transport ($10.6M), and Telecommunications services ($8.19M).

The top services imported by Suriname in 2020 were Miscellaneous business, professional, and technical services ($277M), Sea transport ($74.1M), Personal travel ($52M), Construction in the compiling economy ($21.1M), and Telecommunications services ($20.2M).

Service Exports (2020)

Service Imports (2020)

Economic Complexity

Most Specialized Products by RCA Index

Suriname has a high level of specialization in Rough Wood (42.2), Gold (34.3), Fish: dried, salted, smoked or in brine (17.9), Excavation Machinery (13.9), and Rolled Tobacco (13). Specialization is measured using RCA, an index that takes the ratio between Suriname observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Suriname according to the product complexity index (PCI) are Instruments, apparatus for measuring, checking electrical quantities not meters of heading no.... (1.71), Machinery parts; used solely or principally with the machinery of heading no.... (1.14), Iron or steel; articles, n.e.c. in chapter 73 (0.73), Iron or steel (excluding cast iron); tubes and pipes (e.g. welded, riveted... (0.69), and Buildings; prefabricated (0.23). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Suriname according to the relatedness index, were Crude Petroleum (0.064), Cocoa Beans (0.063), Scrap Aluminium (0.06), Animal Meal and Pellets (0.058), and Cement (0.057). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Suriname is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Suriname. These are products that tend to be co-exported with the products that Suriname exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

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