Overview: In 2019 Suriname was the number 156 economy in the world in terms of GDP (current US$), the number 136 in total exports, the number 162 in total imports,
the number 94 economy in terms of GDP per capita (current US$) and the number null most complex economy according to the Economic Complexity Index (ECI).
In 2019, Suriname exported a total of $2.6B, making it the number 136 exporter in the world. During the last five reported years the exports of Suriname have changed by $253M from $2.34B in 2014 to $2.6B in 2019.
In 2019 Suriname imported $1.78B, making it the number 162 trade destination in the world. During the last five reported years the imports of Suriname changed by -$396M from $2.18B in 2014 to $1.78B in 2019.
In 2018, Suriname exported $172M worth of services. The top services exported by Suriname in 2018 were Personal travel ($51M), Miscellaneous business, professional, and technical services ($48.3M), Air transport ($26.5M), Sea transport ($15.9M), and Telecommunications services ($8.8M).
The top services imported by Suriname in 2018 were Miscellaneous business, professional, and technical services ($136M), Merchanting and other trade-related services ($99.1M), Personal travel ($81.2M), Construction in the compiling economy ($64.2M), and Sea transport ($42.6M).
The top export opportunities for Suriname according to the relatedness index, are Crude Petroleum (0.049), Cocoa Beans (0.048), Other Oily Seeds (0.048), Tropical Fruits (0.048), and Raw Sugar (0.047). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Suriname is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
This network shows the products most related to the production structure of Suriname. These are products that tend to be co-exported with the products that Suriname exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.