Flag Trinidad and Tobago / Suriname Flag

2019
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Exports
: $118M, Rnk 20 / 110

2019
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Top Product
: $41.1M, Excavation Machinery

2019
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Exports
: $3.46M, Rnk 22 / 122

2019
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Top Product
: $1.08M, Rolled Tobacco

2019
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Economic Complexity (ECI)
: ECI 0.21, Rnk 64 / 157

2019
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GDP
: $24.3B, CURRENT US$
Rnk 106 / 187

2009-2019
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GDP GROWTH
: 26.6%, CURRENT US$
Rnk 135 / 187

2019
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 GDP
: $3.7B, CURRENT US$
Rnk 156 / 187

2009-2019
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GDP GROWTH
: -4.59%, CURRENT US$
Rnk 178 / 187

2019
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GDP PC 
: $17,398, CURRENT US$
Rnk 52 / 187

2009-2019
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GDP PC GROWTH
: 19.9%, CURRENT US$
Rnk 116 / 187

2019
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GDP PC 
: $6,360, CURRENT US$
Rnk 94 / 187

2009-2019
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GDP PC GROWTH
: -14.2%, CURRENT US$
Rnk 180 / 187

Trinidad and Tobago-Suriname: In 2019, Trinidad and Tobago exported $118M to Suriname. The main products that Trinidad and Tobago exported to Suriname are Excavation Machinery ($41.1M), Refined Petroleum ($12.1M), and Flavored Water ($4.87M). During the last 24 years the exports of Trinidad and Tobago to Suriname have increased at an annualized rate of 2.83%, from $60.4M in 1995 to $118M in 2019.

In 2019, Trinidad and Tobago did not exported services to Suriname.

Suriname-Trinidad and Tobago: In 2019, Suriname exported $3.46M to Trinidad and Tobago . The main products that Suriname exported to Trinidad and Tobago were Rolled Tobacco ($1.08M), Excavation Machinery ($507k), and Fish Fillets ($378k). During the last 24 years the exports of Suriname to Trinidad and Tobago have decreased at an annualized rate of 4.63%, from $10.8M in 1995 to $3.46M in 2019.

In 2019, Suriname did not exported services to Trinidad and Tobago.

Comparison: In 2019,  Trinidad and Tobago ranked 64 in the Economic Complexity Index (ECI 0.21),  and 91 in total exports ($9.51B). That same year, Suriname ranked 136 in total exports ($2.6B), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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Depth
Value

In 2019, Trinidad and Tobago exported $118M to Suriname. The main products exported from Trinidad and Tobago to Suriname were Excavation Machinery ($41.1M), Refined Petroleum ($12.1M), and Flavored Water ($4.87M). During the last 24 years the exports of Trinidad and Tobago to Suriname have increased at an annualized rate of 2.83%, from $60.4M in 1995 to $118M in 2019.

In 2019, Suriname exported $3.46M to Trinidad and Tobago. The main products exported from Suriname to Trinidad and Tobago were Rolled Tobacco ($1.08M), Excavation Machinery ($507k), and Fish Fillets ($378k). During the last 24 years the exports of Suriname to Trinidad and Tobago have decreased at an annualized rate of 4.63%, from $10.8M in 1995 to $3.46M in 2019.

Date

Market Competitiveness

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Measure

Trinidad and Tobago
Top Destination
: United States, $3.14B

Suriname
Top Destination
: Switzerland, $1B

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 2019, countries that imported more from Trinidad and Tobago than Suriname were United States ($3.14B), Guyana ($864M), and Spain ($615M).

In 2019, countries that imported more from Suriname than Trinidad and Tobago were Switzerland ($1B), United Arab Emirates ($799M), and Belgium ($252M).

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 2019, Trinidad and Tobago had a large net trade with Suriname in the exports of Machines ($49.1M), Mineral Products ($17M), and Foodstuffs ($12.6M).

During 2019, Suriname had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($1.18M), Machines ($553k), and Animal Products ($549k).

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.