2023
Flag  
GDP
$3.46BCURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP GROWTH
-32.9%CURRENT US$
Rnk 192 / 195
2023
Flag
 GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC 
$5,494CURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP PC GROWTH
-39.2%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195

About

Suriname-Barbados Trade: In 2023, Suriname exported $9.74M to Barbados. The main products that Suriname exported to Barbados were Non-fillet Frozen Fish ($4.44M), Refined Petroleum ($2.76M), and Bananas ($1.06M). Over the past 5 years the exports of Suriname to Barbados have increased at an annualized rate of 6.29%, from $7.18M in 2018 to $9.74M in 2023.

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

Barbados-Suriname Trade: In 2023, Barbados exported $5.47M to Suriname. The main products that Barbados exported to Suriname were Iron Sheet Piling ($2.09M), Hard Liquor ($1.44M), and Pesticides ($470k). Over the past 5 years the exports of Barbados to Suriname have increased at an annualized rate of 1.24%,  from $5.15M in 2018 to $5.47M in 2023.

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

Comparison In 2023,  Suriname ranked 141 in total exports ($2.42B). That same year, Barbados ranked 171 in total exports ($421M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Suriname exported $9.74M to Barbados. The main products exported from Suriname to Barbados were Non-fillet Frozen Fish ($4.44M), Refined Petroleum ($2.76M), and Bananas ($1.06M). During the last 5 years the exports of Suriname to Barbados have increased at an annualized rate of 6.29%, from $7.18M in 2018 to $9.74M in 2023.

In 2018, Barbados exported $5.47M to Suriname. The main products exported from Barbados to Suriname were Iron Sheet Piling ($2.09M), Hard Liquor ($1.44M), and Pesticides ($470k). During the last 5 years the exports of Barbados to Suriname have increased at an annualized rate of 1.24%, from $5.15M in 2023 to $5.47M in 2018.

Exports from Suriname (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Suriname (Flag) (2023)

Latest Data

Trade between Suriname (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.18B
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Suriname than Barbados included Switzerland ($1.18B), United Arab Emirates ($667M), and Guyana ($118M).

In 2023, countries that imported more from Barbados than Suriname included Trinidad and Tobago ($33.7M), Saint Lucia ($19.5M), and Grenada ($13.4M).

Difference in imports from Barbados (Flag) and Suriname (Flag) (2023)

Comparative Advantage Suriname - Barbados

Flow
Scale

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

During 2023, Suriname had a large net trade with Barbados in the exports of Animal Products ($4.93M), Mineral Products ($2.76M), and Vegetable Products ($1.13M).

During 2018, Barbados had a large net trade with Suriname in the exports of Metals ($2.09M), Foodstuffs ($1.97M), and Chemical Products ($708k).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and Barbados (Flag) (2023)

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