Overview: This page contains the latest international trade data for Suriname, including service trade data. In 2018 Suriname was the number 161 economy in the world in terms of GDP (current US$), the number 132 in total exports, and the number 165 in total imports. In 2018, Suriname exported $2.51B and imported $1.34B, resulting in a positive trade balance of $1.17B. In 2018, Suriname's exports per capita were $4.36k and its imports per capita were $2.32k.
In 2018 Suriname exported a total of $2.51B, making it the number 132 exporter in the world. During the last five reported years the exports of Suriname have changed by $804M from $1.7B in 2013 to $2.51B in 2018.
In 2018 Suriname imported $1.34B, making it the number 165 trade destination in the world. During the last five reported years the imports of Suriname changed by -$1.26B from $2.6B in 2013 to $1.34B in 2018.
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).
This section shows forecasts for total product exports and imports for Suriname. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
Suriname has a high level of specialization in Precious Metal Scraps (84.7), Rough Wood (65.4), Gold (42.5), Bananas (25.1), and Scrap Lead (13.1). Specialization is measured using RCA, an index that takes the ratio between Suriname observed and expected exports in each product.
The top export opportunities for Suriname according to the relatedness index, are Crude Petroleum (0.059), Cocoa Beans (0.058), Other Oily Seeds (0.055), Animal Meal and Pellets (0.053), and Molluscs (0.053). 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.
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.
Suriname
