Portugal (PRT) and Suriname (SUR) Trade | The Observatory of Economic Complexity

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Portugal-Suriname Trade: In 2023, Portugal exported $1.5M to Suriname. The main products that Portugal exported to Suriname were Beer ($423k), Uncoated Paper ($219k), and Baked Goods ($187k). Over the past 5 years the exports of Portugal to Suriname have increased at an annualized rate of 4.93%, from $1.18M in 2018 to $1.5M in 2023.

In 2023, Portugal did not export any services to Suriname.

Suriname-Portugal Trade: In 2023, Suriname exported $182k to Portugal. The main products that Suriname exported to Portugal were Beer ($162k), Scrap Plastic ($19.8k), and Knit Men's Undergarments ($200). Over the past 5 years the exports of Suriname to Portugal have decreased at an annualized rate of 53.2%, from $8.07M in 2018 to $182k in 2023.

In 2023, Suriname did not export any services to Portugal.

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Suriname ranked 141 in total exports ($2.42B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €55k and imported €102 from Suriname, resulting in a positive trade balance of €54.9k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-74k (-57.4%) from €129k to €55k, while imports increased by €102 (N/A%) from €0 to €102.

Trade In November 2024, the top exports of Portugal to Suriname were Paper articles (€77.6k), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In November 2024 the top imports of Portugal from Suriname were Plastics & articles thereof (€18.3k), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Suriname was explained primarily by an decrease in product exports in Tools & cutlery (€-405 or -100%). In November 2024, the increase in Portugal's year-by-year imports from Suriname was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€-74k(-57.4%)

IMPORT GROWTH (November 2023 - November 2024)€102(N/A%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $1.5M to Suriname. The main products exported from Portugal to Suriname were Beer ($423k), Uncoated Paper ($219k), and Baked Goods ($187k). During the last 5 years the exports of Portugal to Suriname have increased at an annualized rate of 4.93%, from $1.18M in 2018 to $1.5M in 2023.

In 2018, Suriname exported $182k to Portugal. The main products exported from Suriname to Portugal were Beer ($162k), Scrap Plastic ($19.8k), and Knit Men's Undergarments ($200). During the last 5 years the exports of Suriname to Portugal have decreased at an annualized rate of 53.2%, from $8.07M in 2023 to $182k in 2018.

Exports from Portugal () to Suriname () (2023)

Exports from Suriname () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Suriname
Top DestinationSwitzerland$1.18B

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

In 2023, countries that imported more from Portugal than Suriname included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Suriname than Portugal included United Arab Emirates ($667M), Guyana ($118M), and Jamaica ($58.5M).

Difference in imports from Suriname () and Portugal () (2023)

Comparative Advantage Portugal - Suriname

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Suriname in the exports of Foodstuffs ($613k), Paper Goods ($386k), and Machines ($146k).

During 2018, Suriname had a large net trade with Portugal in the exports of Foodstuffs ($162k), Plastics and Rubbers ($19.8k), and Textiles ($200).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Portugal and Suriname. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Suriname. Similarly, a dot/product with the flag of Suriname indicates it has a comparative advantage over Portugal.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Suriname () (2023)

Exports from Suriname () to Portugal () (2023)

Market Competitiveness

Difference in imports from Suriname () and Portugal () (2023)

Comparative Advantage Portugal - Suriname

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Suriname () (2023)

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