Flag India / Suriname Flag

Exports FlagFlag  (2018): $21.4M, Rnk 161 / 211

Top Product FlagFlag (2018): $3.63M, Liquid Pumps

Exports FlagFlag (2018): $44.9M, Rnk 8 / 105

Top Product FlagFlag (2018): $43.3M, Rough Wood

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

GDP Flag (2018): $2.72T, CURRENT US$
Rnk 7 / 196

GDP GROWTH Flag (2008-2018): 127%, CURRENT US$
Rnk 20 / 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): $2,010, CURRENT US$
Rnk 152 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 16 / 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

India-Suriname: In 2018, India exported $21.4M to Suriname. The main products exported from India to Suriname were Liquid Pumps ($3.63M), Electric Motors ($922k), and Rolled Tobacco ($897k). During the last 23 years the exports of India to Suriname have increased at an annualized rate of 10.3%, from $2.25M in 1995 to $21.4M in 2018.

Suriname-India: In 2018, Suriname exported $44.9M to India. The main products exported from Suriname to India were Rough Wood ($43.3M), Scrap Iron ($753k), and Industrial Fatty Acids, Oils and Alcohols ($246k). During the last 22 years the exports of Suriname to India have increased at an annualized rate of 17.5%, from $1.1M in 1996 to $44.9M in 2018.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). That same year, Suriname ranked 132 in total exports ($2.51B), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, India was ranked 152 with a GDP Per Capita of $2,010, 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, India exported $21.4M to Suriname. The main products exported from India to Suriname were Liquid Pumps ($3.63M), Electric Motors ($922k), and Rolled Tobacco ($897k). During the last 23 years the exports of India to Suriname have increased at an annualized rate of 10.3%, from $2.25M in 1995 to $21.4M in 2018.

In 2018, Suriname exported $44.9M to India. The main products exported from Suriname to India were Rough Wood ($43.3M), Scrap Iron ($753k), and Industrial Fatty Acids, Oils and Alcohols ($246k). During the last 22 years the exports of Suriname to India have increased at an annualized rate of 17.5%, from $1.1M in 1996 to $44.9M in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Suriname
Top Destination
: Switzerland, $1.02B

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

In 2018, countries that imported more from India than Suriname were United States ($52B), United Arab Emirates ($27.1B), and China ($16.6B).

In 2018, countries that imported more from Suriname than India were Guyana ($116M) and Saint Martin ($19.2k).

Comparative Advantage India - Suriname

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Depth

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

During 2018, India had a large net trade with Suriname in the exports of Machines ($8.47M), Textiles ($2.8M), and Chemical Products ($2.78M).

During 2018, Suriname had a large net trade with India in the exports of Wood Products ($43.5M), Metals ($1.03M), and Chemical Products ($246k).

Trade Forecasts

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This section shows a forecast for total trade between India 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 India has comparative advantage over Suriname. Similarly, the more red a dot/product is, the more Suriname has comparative advantage over India.