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2022
Flag → Flag
Exports $9.33MRnk 20 / 135
2022
Flag → Flag
Top Product $8.11MRefined Petroleum
2022
Flag → Flag
Exports $21.2MRnk 39 / 153
2022
Flag → Flag
Top Product $2.66MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI 0.17Rnk 56 / 133
2022
Flag  
GDP$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH-27.3%CURRENT US$
Rnk 181 / 186
2022
Flag
 GDP$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC $5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH-34.3%CURRENT US$
Rnk 179 / 186
2022
Flag
GDP PC$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH61.2%CURRENT US$
Rnk 26 / 186

About

Suriname-Panama Trade: In 2022, Suriname exported $9.33M to Panama. The main products that Suriname exported to Panama were Refined Petroleum ($8.11M), Cranes ($572k), and Scales ($273k). Over the past 5 years the exports of Suriname to Panama have increased at an annualized rate of 20.8%, from $3.62M in 2017 to $9.33M in 2022.

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

Panama-Suriname Trade: In 2022, Panama exported $21.2M to Suriname. The main products that Panama exported to Suriname were Delivery Trucks ($2.66M), Refined Petroleum ($2.31M), and Large Construction Vehicles ($2.21M). Over the past 5 years the exports of Panama to Suriname have decreased at an annualized rate of 0.46%,  from $21.6M in 2017 to $21.2M in 2022.

In 2022, Panama 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, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Suriname exported $9.33M to Panama. The main products exported from Suriname to Panama were Refined Petroleum ($8.11M), Cranes ($572k), and Scales ($273k). During the last 5 years the exports of Suriname to Panama have increased at an annualized rate of 20.8%, from $3.62M in 2017 to $9.33M in 2022.

In 2017, Panama exported $21.2M to Suriname. The main products exported from Panama to Suriname were Delivery Trucks ($2.66M), Refined Petroleum ($2.31M), and Large Construction Vehicles ($2.21M). During the last 5 years the exports of Panama to Suriname have decreased at an annualized rate of 0.46%, from $21.6M in 2022 to $21.2M in 2017.

Exports from Suriname (Flag) to Panama (Flag) (2022)

Exports from Panama (Flag) to Suriname (Flag) (2022)

Market Competitiveness

Color
Suriname
Top DestinationSwitzerland$1.15B
Panama
Top DestinationChina$1.14B

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

In 2022, countries that imported more from Suriname than Panama included Switzerland ($1.15B), United Arab Emirates ($609M), and Belgium ($304M).

In 2022, countries that imported more from Panama than Suriname included China ($1.14B), Japan ($785M), and South Korea ($539M).

Difference in imports from Panama (Flag) and Suriname (Flag) (2022)

Comparative Advantage Suriname - Panama

Flow
Scale

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

During 2022, Suriname had a large net trade with Panama in the exports of Mineral Products ($8.11M), Machines ($1.02M), and Foodstuffs ($89.1k).

During 2017, Panama had a large net trade with Suriname in the exports of Machines ($6.76M), Transportation ($3.14M), and Textiles ($2.99M).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and Panama (Flag) (2022)

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