2022
Flag  
GDP
$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
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GDP GROWTH
-27.3%CURRENT US$
Rnk 181 / 186
2022
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GDP PC 
$5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH
-34.3%CURRENT US$
Rnk 179 / 186

About

Suriname-Venezuela In 2022, Suriname exported $17.2M to Venezuela. The main products that Suriname exported to Venezuela are Hard Liquor ($8.97M), Poultry Meat ($2.43M), and Rolled Tobacco ($2.08M). During the last 27 years the exports of Suriname to Venezuela have increased at an annualized rate of 19.8%, from $131k in 1995 to $17.2M in 2022.

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

Venezuela-Suriname In 2022, Venezuela exported $8.35M to Suriname. The main products that Venezuela exported to Suriname were Other Heating Machinery ($6M), Centrifuges ($1.53M), and Large Iron Containers ($371k). During the last 27 years the exports of Venezuela to Suriname have decreased at an annualized rate of 12.8%, from $336M in 1995 to $8.35M in 2022.

In 2022, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Suriname exported $17.2M to Venezuela. The main products exported from Suriname to Venezuela were Hard Liquor ($8.97M), Poultry Meat ($2.43M), and Rolled Tobacco ($2.08M). During the last 27 years the exports of Suriname to Venezuela have increased at an annualized rate of 19.8%, from $131k in 1995 to $17.2M in 2022.

In 2022, Venezuela exported $8.35M to Suriname. The main products exported from Venezuela to Suriname were Other Heating Machinery ($6M), Centrifuges ($1.53M), and Large Iron Containers ($371k). During the last 27 years the exports of Venezuela to Suriname have decreased at an annualized rate of 12.8%, from $336M in 1995 to $8.35M in 2022.

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

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

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.15B
Venezuela
Top Destination
China$703M

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

In 2021, countries that imported more from Suriname than Venezuela were Switzerland ($1.15B), United Arab Emirates ($609M), and Belgium ($304M).

In 2021, countries that imported more from Venezuela than Suriname were China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Suriname - Venezuela

Flow
Scale

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

During 2022, Suriname had a large net trade with Venezuela in the exports of Foodstuffs ($14.4M), Animal Products ($2.44M), and Chemical Products ($202k).

During 2022, Venezuela had a large net trade with Suriname in the exports of Machines ($7.76M), Metals ($371k), and Miscellaneous ($111k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Suriname has comparative advantage over Venezuela. Similarly, the more yellow a dot/product is, the more Venezuela has comparative advantage over Suriname.

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

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