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2023
Flag → Flag
Exports $34.4MRnk 165 / 220
2023
Flag → Flag
Top Product $3.97MInsulated Wire
2023
Flag → Flag
Exports $38.3MRnk 8 / 123
2023
Flag → Flag
Top Product $30.8MRough Wood
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$3.46BCURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP GROWTH-32.9%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$5,494CURRENT US$
Rnk 119 / 196
2013-2023
Flag
GDP PC GROWTH-39.2%CURRENT US$
Rnk 191 / 195

About

India-Suriname Trade: In 2023, India exported $34.4M to Suriname. The main products that India exported to Suriname were Insulated Wire ($3.97M), Iron Structures ($2.75M), and Electrical Control Boards ($2.32M). Over the past 5 years the exports of India to Suriname have increased at an annualized rate of 9.15%, from $22.2M in 2018 to $34.4M in 2023.

In 2023, India did not export any services to Suriname.

Suriname-India Trade: In 2023, Suriname exported $38.3M to India. The main products that Suriname exported to India were Rough Wood ($30.8M), Scrap Iron ($5.82M), and Scrap Aluminium ($676k). Over the past 5 years the exports of Suriname to India have decreased at an annualized rate of 15%,  from $86.5M in 2018 to $38.3M in 2023.

In 2023, Suriname did not export any services to India.

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Suriname ranked 141 in total exports ($2.42B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, India exported $3.46M and imported $5.3M from Suriname, resulting in a negative trade balance of $1.83M. Between December 2023 and December 2024 the exports of India have increased by $442k (14.6%) from $3.02M to $3.46M, while imports increased by $3.18M (150%) from $2.12M to $5.3M.

Trade In December 2024, the top exports of India to Suriname were Drug Formulations, Biologicals ($343k), Tobacco Manufactured ($221k), Motor Vehicle/Cars ($169k), Electronics Instruments ($163k), and Rmg Manmade Fibres ($102k). In December 2024 the top imports of India from Suriname were Other Wood And Wood Products ($449k) and Iron And Steel ($262k).

Growth In December 2024, the increase in India's year-by-year exports to Suriname was explained primarily by an increase in product exports in Drug Formulations, Biologicals ($250k or 268%), Electronics Instruments ($163k or 27.1k%), and Auto Components/Parts ($86.3k or 1.49k%). In December 2024, the increase in India's year-by-year imports  from Suriname was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)$442k(14.6%)
IMPORT GROWTH (December 2023 - December 2024)$3.18M(150%)

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

To check Suriname and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Suriname and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $34.4M to Suriname. The main products exported from India to Suriname were Insulated Wire ($3.97M), Iron Structures ($2.75M), and Electrical Control Boards ($2.32M). During the last 5 years the exports of India to Suriname have increased at an annualized rate of 9.15%, from $22.2M in 2018 to $34.4M in 2023.

In 2018, Suriname exported $38.3M to India. The main products exported from Suriname to India were Rough Wood ($30.8M), Scrap Iron ($5.82M), and Scrap Aluminium ($676k). During the last 5 years the exports of Suriname to India have decreased at an annualized rate of 15%, from $86.5M in 2023 to $38.3M in 2018.

Exports from India (Flag) to Suriname (Flag) (2023)

Exports from Suriname (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Suriname
Top DestinationSwitzerland$1.18B

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

In 2023, countries that imported more from India than Suriname included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Suriname than India included Guyana ($118M).

Difference in imports from Suriname (Flag) and India (Flag) (2023)

Comparative Advantage India - Suriname

Flow
Scale

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

During 2023, India had a large net trade with Suriname in the exports of Machines ($13.8M), Metals ($5.96M), and Chemical Products ($5.24M).

During 2018, Suriname had a large net trade with India in the exports of Wood Products ($31.2M), Metals ($6.71M), and Chemical Products ($261k).

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Suriname (Flag) (2023)

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