2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH
-27.3%CURRENT US$
Rnk 181 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH
-34.3%CURRENT US$
Rnk 179 / 186

About

Barbados-Suriname Trade: In 2022, Barbados exported $2.99M to Suriname. The main products that Barbados exported to Suriname were Hard Liquor ($708k), Pesticides ($462k), and Baked Goods ($416k). Over the past 5 years the exports of Barbados to Suriname have decreased at an annualized rate of 9.03%, from $4.8M in 2017 to $2.99M in 2022.

In 2022, Barbados did not export any services to Suriname.

Suriname-Barbados Trade: In 2022, Suriname exported $16.2M to Barbados. The main products that Suriname exported to Barbados were Refined Petroleum ($12.1M), Non-fillet Frozen Fish ($2.51M), and Bananas ($502k). Over the past 5 years the exports of Suriname to Barbados have increased at an annualized rate of 14.1%,  from $8.35M in 2017 to $16.2M in 2022.

In 2022, Suriname did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Suriname ranked 137 in total exports ($2.94B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $2.99M to Suriname. The main products exported from Barbados to Suriname were Hard Liquor ($708k), Pesticides ($462k), and Baked Goods ($416k). During the last 5 years the exports of Barbados to Suriname have decreased at an annualized rate of 9.03%, from $4.8M in 2017 to $2.99M in 2022.

In 2017, Suriname exported $16.2M to Barbados. The main products exported from Suriname to Barbados were Refined Petroleum ($12.1M), Non-fillet Frozen Fish ($2.51M), and Bananas ($502k). During the last 5 years the exports of Suriname to Barbados have increased at an annualized rate of 14.1%, from $8.35M in 2022 to $16.2M in 2017.

Exports from Barbados (Flag) to Suriname (Flag) (2022)

Exports from Suriname (Flag) to Barbados (Flag) (2022)

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Suriname
Top Destination
Switzerland$1.15B

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

In 2022, countries that imported more from Barbados than Suriname included Poland ($23.1M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

In 2022, countries that imported more from Suriname than Barbados included Switzerland ($1.15B), United Arab Emirates ($609M), and Belgium ($304M).

Difference in imports from Suriname (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Suriname

Flow
Scale

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

During 2022, Barbados had a large net trade with Suriname in the exports of Foodstuffs ($1.51M), Chemical Products ($622k), and Paper Goods ($359k).

During 2017, Suriname had a large net trade with Barbados in the exports of Mineral Products ($12.1M), Animal Products ($3M), and Vegetable Products ($502k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Suriname (Flag) (2022)

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