2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Suriname Trade: In 2022, Italy exported $16.2M to Suriname. The main products that Italy exported to Suriname were Nitrogenous Fertilizers ($3.84M), Electrical Transformers ($1.36M), and Iron Pipes ($665k). Over the past 5 years the exports of Italy to Suriname have decreased at an annualized rate of 4.02%, from $19.9M in 2017 to $16.2M in 2022.

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

Suriname-Italy Trade: In 2022, Suriname exported $2.35M to Italy. The main products that Suriname exported to Italy were Gas Turbines ($1.42M), Rice ($634k), and Shaped Wood ($51.3k). Over the past 5 years the exports of Suriname to Italy have increased at an annualized rate of 21.2%,  from $896k in 2017 to $2.35M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $16.2M to Suriname. The main products exported from Italy to Suriname were Nitrogenous Fertilizers ($3.84M), Electrical Transformers ($1.36M), and Iron Pipes ($665k). During the last 5 years the exports of Italy to Suriname have decreased at an annualized rate of 4.02%, from $19.9M in 2017 to $16.2M in 2022.

In 2017, Suriname exported $2.35M to Italy. The main products exported from Suriname to Italy were Gas Turbines ($1.42M), Rice ($634k), and Shaped Wood ($51.3k). During the last 5 years the exports of Suriname to Italy have increased at an annualized rate of 21.2%, from $896k in 2022 to $2.35M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Suriname
Top Destination
Switzerland$1.15B

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

In 2022, countries that imported more from Italy than Suriname included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Suriname than Italy included Guyana ($159M), Curaçao ($7.8M), and North Korea ($1.48M).

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

Comparative Advantage Italy - Suriname

Flow
Scale

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

During 2022, Italy had a large net trade with Suriname in the exports of Chemical Products ($4.35M), Machines ($4.07M), and Metals ($2.22M).

During 2017, Suriname had a large net trade with Italy in the exports of Machines ($1.46M), Vegetable Products ($634k), and Instruments ($94.5k).

Economic Complexity

Competitive Landscape

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

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

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