South Korea / Suriname

Overview In February 2024, South Korea exported $502k and imported $541k from Suriname, resulting in a negative trade balance of $39k. Between February 2023 and February 2024 the exports of South Korea have increased by $49k (10.8%) from $453k to $502k, while imports decreased by $-254k (-31.9%) from $795k to $541k.

Trade In February 2024, the top exports of South Korea to Suriname were Machinery, mechanical appliances, & parts ($228k), Cars, tractors, trucks & parts thereof. ($173k), Beverages, spirits, & vinegar ($56k), Plastics & articles thereof ($40k), and Soap, cleaners, candles, dental, modelling pastes ($25k). In February 2024 the top imports of South Korea from Suriname were Wood, wood articles, & charcoal ($325k), Fish, crustaceans, & molluscs ($51k), Vegetable plaiting materials & products, n.e.s. ($3k), Electrical machinery and electronics ($2k), and Plastics & articles thereof ($1k).

Growth In February 2024, the increase in South Korea's year-by-year exports to Suriname was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($147k or 565%) and Beverages, spirits, & vinegar ($32k or 133%). In February 2024, the decrease in South Korea's year-by-year imports  from Suriname was explained primarily by an decrease in product imports  in Fish, crustaceans, & molluscs ($-182k or -78.1%).