Flag Trinidad and Tobago / Suriname Flag

Exports FlagFlag  (2018): $44M, Rnk 27 / 104

Top Product FlagFlag (2018): $5.63M, Iron Pipe Fittings

Exports FlagFlag (2018): $804k, Rnk 34 / 105

Top Product FlagFlag (2018): $321k, Non-Knit Men's Suits

Economic Complexity of Flag (2018): ECI 0.13, Rnk 60 / 137

GDP Flag (2018): $23.8B, CURRENT US$
Rnk 112 / 196

GDP GROWTH Flag (2008-2018): -14.6%, CURRENT US$
Rnk 189 / 196

GDP Flag (2018): $3.59B, CURRENT US$
Rnk 161 / 196

GDP GROWTH Flag (2008-2018): 1.64%, CURRENT US$
Rnk 160 / 196

GDP PC Flag (2018): $17,130, CURRENT US$
Rnk 54 / 196

GDP PC GROWTH Flag (2008-2018): -19.2%, CURRENT US$
Rnk 182 / 196

GDP PC Flag (2018): $6,234, CURRENT US$
Rnk 101 / 196

GDP PC GROWTH Flag (2008-2018): -8.75%, CURRENT US$
Rnk 167 / 196

Trinidad and Tobago-Suriname: In 2018, Trinidad and Tobago exported $44M to Suriname. The main products exported from Trinidad and Tobago to Suriname were Iron Pipe Fittings ($5.63M), Cement ($5.01M), and Delivery Trucks ($4.95M). During the last 23 years the exports of Trinidad and Tobago to Suriname have decreased at an annualized rate of 1.06%, from $56.2M in 1995 to $44M in 2018.

Suriname-Trinidad and Tobago: In 2018, Suriname exported $804k to Trinidad and Tobago. The main products exported from Suriname to Trinidad and Tobago were Non-Knit Men's Suits ($321k), Rice ($108k), and Surveying Equipment ($83.5k). During the last 23 years the exports of Suriname to Trinidad and Tobago have decreased at an annualized rate of 10.7%, from $10.8M in 1995 to $804k in 2018.

Comparison: In 2018, Trinidad and Tobago ranked 60 in the Economic Complexity Index (ECI 0.13), and 88 in total exports ($9.94B). That same year, Suriname ranked 132 in total exports ($2.51B), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Trinidad and Tobago was ranked 54 with a GDP Per Capita of $17,130, and Suriname was ranked 101 with a GDP Per Capita of $6,234.

Bilateral Trade by Products

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Depth
Value

In 2018, Trinidad and Tobago exported $44M to Suriname. The main products exported from Trinidad and Tobago to Suriname were Iron Pipe Fittings ($5.63M), Cement ($5.01M), and Delivery Trucks ($4.95M). During the last 23 years the exports of Trinidad and Tobago to Suriname have decreased at an annualized rate of 1.06%, from $56.2M in 1995 to $44M in 2018.

In 2018, Suriname exported $804k to Trinidad and Tobago. The main products exported from Suriname to Trinidad and Tobago were Non-Knit Men's Suits ($321k), Rice ($108k), and Surveying Equipment ($83.5k). During the last 23 years the exports of Suriname to Trinidad and Tobago have decreased at an annualized rate of 10.7%, from $10.8M in 1995 to $804k in 2018.

Date

Market Competitiveness

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Measure

Trinidad and Tobago
Top Destination
: United States, $3.36B

Suriname
Top Destination
: Switzerland, $1.02B

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

In 2018, countries that imported more from Trinidad and Tobago than Suriname were United States ($3.36B), Chile ($630M), and Guyana ($707M).

In 2018, countries that imported more from Suriname than Trinidad and Tobago were Switzerland ($1.02B), Hong Kong ($441M), and United Arab Emirates ($345M).

Comparative Advantage Trinidad and Tobago - Suriname

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Depth

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

During 2018, Trinidad and Tobago had a large net trade with Suriname in the exports of Mineral Products ($6.99M), Foodstuffs ($6.72M), and Transportation ($6.1M).

During 2018, Suriname had a large net trade with Trinidad and Tobago in the exports of Textiles ($327k), Instruments ($141k), and Vegetable Products ($108k).

Trade Forecasts

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This section shows a forecast for total trade between Trinidad and Tobago and Suriname. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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