Flag Guyana / Suriname Flag

Exports FlagFlag  (2018): $11.3M, Rnk 20 / 125

Top Product FlagFlag (2018): $2.7M, Raw Sugar

Exports FlagFlag (2018): $116M, Rnk 5 / 105

Top Product FlagFlag (2018): $97.5M, Refined Petroleum

GDP Flag (2018): $3.88B, CURRENT US$
Rnk 160 / 196

GDP GROWTH Flag (2008-2018): 102%, CURRENT US$
Rnk 28 / 196

GDP Flag (2018): $3.59B, CURRENT US$
Rnk 161 / 196

GDP GROWTH Flag (2008-2018): 1.64%, CURRENT US$
Rnk 160 / 196

GDP PC Flag (2018): $4,979, CURRENT US$
Rnk 109 / 196

GDP PC GROWTH Flag (2008-2018): 94%, CURRENT US$
Rnk 17 / 196

GDP PC Flag (2018): $6,234, CURRENT US$
Rnk 101 / 196

GDP PC GROWTH Flag (2008-2018): -8.75%, CURRENT US$
Rnk 167 / 196

Guyana-Suriname: In 2018, Guyana exported $11.3M to Suriname. The main products exported from Guyana to Suriname were Raw Sugar ($2.7M), Paper Containers ($1.61M), and Railway Cargo Containers ($1.02M). During the last 23 years the exports of Guyana to Suriname have increased at an annualized rate of 4.89%, from $3.77M in 1995 to $11.3M in 2018.

Suriname-Guyana: In 2018, Suriname exported $116M to Guyana. The main products exported from Suriname to Guyana were Refined Petroleum ($97.5M), Flavored Water ($3.5M), and Cement ($2.23M). During the last 23 years the exports of Suriname to Guyana have increased at an annualized rate of 23%, from $988k in 1995 to $116M in 2018.

Comparison: In 2018, Guyana ranked 135 in total exports ($1.72B). That same year, Suriname ranked 132 in total exports ($2.51B). Both countries does not have data related to Economic Complexity Index. In terms of GDP Per Capita, Guyana was ranked 109 with a GDP Per Capita of $4,979, and Suriname was ranked 101 with a GDP Per Capita of $6,234.

Bilateral Trade by Products

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Depth
Value

In 2018, Guyana exported $11.3M to Suriname. The main products exported from Guyana to Suriname were Raw Sugar ($2.7M), Paper Containers ($1.61M), and Railway Cargo Containers ($1.02M). During the last 23 years the exports of Guyana to Suriname have increased at an annualized rate of 4.89%, from $3.77M in 1995 to $11.3M in 2018.

In 2018, Suriname exported $116M to Guyana. The main products exported from Suriname to Guyana were Refined Petroleum ($97.5M), Flavored Water ($3.5M), and Cement ($2.23M). During the last 23 years the exports of Suriname to Guyana have increased at an annualized rate of 23%, from $988k in 1995 to $116M in 2018.

Market Competitiveness

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Measure

Guyana
Top Destination
: Canada, $412M

Suriname
Top Destination
: Switzerland, $1.02B

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

In 2018, countries that imported more from Guyana than Suriname were Canada ($412M), United States ($242M), and Panama ($163M).

In 2018, countries that imported more from Suriname than Guyana were Switzerland ($1.02B), Hong Kong ($441M), and United Arab Emirates ($345M).

Comparative Advantage Guyana - Suriname

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Depth

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

During 2018, Guyana had a large net trade with Suriname in the exports of Foodstuffs ($4.14M), Paper Goods ($1.62M), and Transportation ($1.52M).

During 2018, Suriname had a large net trade with Guyana in the exports of Mineral Products ($103M), Foodstuffs ($4.66M), and Vegetable Products ($1.5M).

Trade Forecasts

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This section shows a forecast for total trade between Guyana and Suriname. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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