Suriname (SUR) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Suriname-Australia Trade: In 2022, Suriname exported $586k to Australia. The main products that Suriname exported to Australia were Carbon ($152k), Precious Metal Ore ($146k), and Other Measuring Instruments ($85.9k). Over the past 5 years the exports of Suriname to Australia have increased at an annualized rate of 1.42%, from $546k in 2017 to $586k in 2022.

In 2022, Suriname did not export any services to Australia.

Australia-Suriname Trade: In 2022, Australia exported $9.11M to Suriname. The main products that Australia exported to Suriname were Motor vehicles; parts and accessories (8701 to 8705) ($1.83M), Engine Parts ($1.17M), and Other Engines ($706k). Over the past 5 years the exports of Australia to Suriname have increased at an annualized rate of 13.7%, from $4.8M in 2017 to $9.11M in 2022.

In 2022, Australia did not export any services to Suriname.

Comparison In 2022, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $586k to Australia. The main products exported from Suriname to Australia were Carbon ($152k), Precious Metal Ore ($146k), and Other Measuring Instruments ($85.9k). During the last 5 years the exports of Suriname to Australia have increased at an annualized rate of 1.42%, from $546k in 2017 to $586k in 2022.

In 2017, Australia exported $9.11M to Suriname. The main products exported from Australia to Suriname were Motor vehicles; parts and accessories (8701 to 8705) ($1.83M), Engine Parts ($1.17M), and Other Engines ($706k). During the last 5 years the exports of Australia to Suriname have increased at an annualized rate of 13.7%, from $4.8M in 2022 to $9.11M in 2017.

Exports from Suriname () to Australia () (2022)

Exports from Australia () to Suriname () (2022)

Latest Data

Trade between Suriname () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Suriname than Australia included Guyana ($159M), Trinidad and Tobago ($126M), and Jamaica ($54.9M).

In 2022, countries that imported more from Australia than Suriname included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia () and Suriname () (2022)

Comparative Advantage Suriname - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Australia in the exports of Chemical Products ($152k), Mineral Products ($148k), and Instruments ($85.9k).

During 2017, Australia had a large net trade with Suriname in the exports of Machines ($4.81M), Transportation ($1.95M), and Plastics and Rubbers ($795k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Suriname () to Australia () (2022)

Exports from Australia () to Suriname () (2022)

Latest Data

Trade between Suriname () and Australia ()

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Suriname () (2022)

Comparative Advantage Suriname - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Suriname () and Australia () (2022)

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