Suriname (SUR) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Suriname-Belgium Trade: In 2022, Suriname exported $304M to Belgium. The main products that Suriname exported to Belgium were Gold ($266M), Refined Petroleum ($33M), and Sawn Wood ($3.65M). Over the past 5 years the exports of Suriname to Belgium have increased at an annualized rate of 0.016%, from $304M in 2017 to $304M in 2022.

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

Belgium-Suriname Trade: In 2022, Belgium exported $23.8M to Suriname. The main products that Belgium exported to Suriname were Animal Food ($2.54M), Coated Flat-Rolled Iron ($1.57M), and Other Frozen Vegetables ($1.37M). Over the past 5 years the exports of Belgium to Suriname have increased at an annualized rate of 1.87%, from $21.3M in 2017 to $23.8M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $304M to Belgium. The main products exported from Suriname to Belgium were Gold ($266M), Refined Petroleum ($33M), and Sawn Wood ($3.65M). During the last 5 years the exports of Suriname to Belgium have increased at an annualized rate of 0.016%, from $304M in 2017 to $304M in 2022.

In 2017, Belgium exported $23.8M to Suriname. The main products exported from Belgium to Suriname were Animal Food ($2.54M), Coated Flat-Rolled Iron ($1.57M), and Other Frozen Vegetables ($1.37M). During the last 5 years the exports of Belgium to Suriname have increased at an annualized rate of 1.87%, from $21.3M in 2022 to $23.8M in 2017.

Exports from Suriname () to Belgium () (2022)

Exports from Belgium () to Suriname () (2022)

Latest Data

Trade between Suriname () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Suriname than Belgium included Guyana ($159M), Jamaica ($54.9M), and Barbados ($16.2M).

In 2022, countries that imported more from Belgium than Suriname included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Suriname - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Belgium in the exports of Precious Metals ($266M), Mineral Products ($33M), and Wood Products ($3.66M).

During 2017, Belgium had a large net trade with Suriname in the exports of Foodstuffs ($6.61M), Machines ($4.43M), and Chemical Products ($4.21M).

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 Belgium. This means that a dot/product with the flag of Suriname indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Suriname.

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Historical Data

Bilateral Trade by Products

Exports from Suriname () to Belgium () (2022)

Exports from Belgium () to Suriname () (2022)

Latest Data

Trade between Suriname () and Belgium ()

Belgium Exports

Market Competitiveness

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

Comparative Advantage Suriname - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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