2023
Flag  
GDP
$3.46BCURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP GROWTH
-32.9%CURRENT US$
Rnk 192 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 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
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Suriname-South Korea Trade: In 2023, Suriname exported $1.93M to South Korea. The main products that Suriname exported to South Korea were Rolled Tobacco ($1.93M). Over the past 5 years the exports of Suriname to South Korea have decreased at an annualized rate of 14.5%, from $4.22M in 2018 to $1.93M in 2023.

In 2023, Suriname did not export any services to South Korea.

South Korea-Suriname Trade: In 2023, South Korea exported $4.55M to Suriname. The main products that South Korea exported to Suriname were Large Construction Vehicles ($1.63M), Excavation Machinery ($798k), and Electric Batteries ($279k). Over the past 5 years the exports of South Korea to Suriname have decreased at an annualized rate of 12.3%,  from $8.74M in 2018 to $4.55M in 2023.

In 2023, South Korea did not export any services to Suriname.

Comparison In 2023,  Suriname ranked 141 in total exports ($2.42B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Suriname exported $1.93M to South Korea. The main products exported from Suriname to South Korea were Rolled Tobacco ($1.93M). During the last 5 years the exports of Suriname to South Korea have decreased at an annualized rate of 14.5%, from $4.22M in 2018 to $1.93M in 2023.

In 2018, South Korea exported $4.55M to Suriname. The main products exported from South Korea to Suriname were Large Construction Vehicles ($1.63M), Excavation Machinery ($798k), and Electric Batteries ($279k). During the last 5 years the exports of South Korea to Suriname have decreased at an annualized rate of 12.3%, from $8.74M in 2023 to $4.55M in 2018.

Exports from Suriname (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Suriname (Flag) (2023)

Latest Data

Trade between Suriname (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.18B
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Suriname than South Korea included Guyana ($118M), Jamaica ($58.5M), and Trinidad and Tobago ($6.4M).

In 2023, countries that imported more from South Korea than Suriname included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Suriname (Flag) (2023)

Comparative Advantage Suriname - South Korea

Flow
Scale

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

During 2023, Suriname had a large net trade with South Korea in the exports of Foodstuffs ($1.93M).

During 2018, South Korea had a large net trade with Suriname in the exports of Machines ($3.39M), Metals ($482k), and Transportation ($266k).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and South Korea (Flag) (2023)

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