United States (USA) and Suriname (SUR) Trade | The Observatory of Economic Complexity

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United States (USA) and Suriname (SUR) Trade

2022

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Exports $379MRnk 102 / 219

2022

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About

United States-Suriname Trade: In 2022, United States exported $379M to Suriname. The main products that United States exported to Suriname were Refined Petroleum ($141M), Excavation Machinery ($50.4M), and Cyanides ($23.3M). Over the past 5 years the exports of United States to Suriname have increased at an annualized rate of 2.59%, from $334M in 2017 to $379M in 2022.

In 2022, United States did not export any services to Suriname.

Suriname-United States Trade: In 2022, Suriname exported $74.5M to United States. The main products that Suriname exported to United States were Refined Petroleum ($18.4M), Fish Fillets ($18.2M), and Non-fillet Fresh Fish ($11.7M). Over the past 5 years the exports of Suriname to United States have decreased at an annualized rate of 8.98%, from $119M in 2017 to $74.5M in 2022.

In 2022, Suriname did not export any services to United States.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Amazon (5) were at the forefront of exporting goods from Suriname to the United States. Conversely, Other (5) were notable for importing products to Suriname from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $31.8M and imported $5.63M from Suriname, resulting in a positive trade balance of $26.2M. Between April 2023 and April 2024 the exports of United States have increased by $4.65M (17.2%) from $27.1M to $31.8M, while imports increased by $831k (17.3%) from $4.8M to $5.63M.

Trade In April 2024, the top exports of United States to Suriname were Refined Petroleum ($19.1M), Excavation Machinery ($3.32M), Cyanides ($3.16M), Commodities not elsewhere specified ($3.02M), and Liquid Pumps ($1.44M). In April 2024 the top imports of United States from Suriname were Fish Fillets ($2.35M), Non-fillet Frozen Fish ($1.08M), Non-fillet Fresh Fish ($1.07M), Commodities not elsewhere specified ($1.01M), and Scrap Copper ($427k).

Origins In April 2024 the exports of United States were mainly from Florida ($12.4M), US Virgin Islands ($6.17M), Texas ($2.23M), Georgia ($2.11M), and Illinois ($1.95M), while imports destinations were mainly Florida ($2.89M), California ($978k), Michigan ($594k), Colorado ($479k), and New York ($138k).

Growth In April 2024, the increase in United States's year-by-year exports to Suriname was explained primarily by an increase in product exports in Refined Petroleum ($17.9M or 1.57k%), Commodities not elsewhere specified ($1.68M or 125%), and Liquid Pumps ($1.25M or 645%). In April 2024, the increase in United States's year-by-year imports from Suriname was explained primarily by an increase in product imports in Fish Fillets ($1.11M or 90.1%), Non-fillet Fresh Fish ($385k or 56.6%), and Sawn Wood ($195k or 143%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$4.65M(17.2%)

IMPORT GROWTH (April 2023 - April 2024)$831k(17.3%)

MAIN EXPORTER (April 2024)Florida$12.4M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Suriname and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $379M to Suriname. The main products exported from United States to Suriname were Refined Petroleum ($141M), Excavation Machinery ($50.4M), and Cyanides ($23.3M). During the last 5 years the exports of United States to Suriname have increased at an annualized rate of 2.59%, from $334M in 2017 to $379M in 2022.

In 2017, Suriname exported $74.5M to United States. The main products exported from Suriname to United States were Refined Petroleum ($18.4M), Fish Fillets ($18.2M), and Non-fillet Fresh Fish ($11.7M). During the last 22 years the exports of Suriname to United States have decreased at an annualized rate of 8.98%, from $119M in 1995 to $74.5M in 2017.

Exports from United States () to Suriname () (2022)

Exports from Suriname () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Suriname
Top DestinationSwitzerland$1.15B

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

In 2022, countries that imported more from United States than Suriname included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Suriname than United States included Saint Barthélemy ($5.51M) and North Korea ($1.48M).

Difference in imports from Suriname () and United States () (2022)

Comparative Advantage United States - Suriname

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Suriname in the exports of Machines ($174M), Mineral Products ($142M), and Chemical Products ($62.5M).

During 2017, Suriname had a large net trade with United States in the exports of Animal Products ($38.6M), Mineral Products ($20.4M), and Machines ($12.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Suriname+N/AN/A

Top Product Potential Suriname United States+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

Year

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

Product Space of United States () and Suriname () (2022)

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