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Pricing

2022
Flag → Flag
Exports $9.73MRnk 170 / 220
2022
Flag → Flag
Top Product $3.42MLarge Construction Vehicles
2022
Flag → Flag
Exports $6.07MRnk 25 / 135
2022
Flag → Flag
Top Product $2.13MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH-27.3%CURRENT US$
Rnk 181 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 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

South Korea-Suriname Trade: In 2022, South Korea exported $9.73M to Suriname. The main products that South Korea exported to Suriname were Large Construction Vehicles ($3.42M), Rolled Tobacco ($1.38M), and Delivery Trucks ($453k). Over the past 5 years the exports of South Korea to Suriname have increased at an annualized rate of 6.25%, from $7.19M in 2017 to $9.73M in 2022.

In 2022, South Korea did not export any services to Suriname.

Suriname-South Korea In N/A, Suriname did not export any products to South Korea.

In 2022, Suriname did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, South Korea exported $252k and imported $600k from Suriname, resulting in a negative trade balance of $348k. Between September 2023 and September 2024 the exports of South Korea have decreased by $-190k (-43%) from $442k to $252k, while imports increased by $314k (110%) from $286k to $600k.

Trade In September 2024, the top exports of South Korea to Suriname were Machinery, mechanical appliances, & parts ($228k), Cars, tractors, trucks & parts thereof. ($173k), Beverages, spirits, & vinegar ($56k), Plastics & articles thereof ($40k), and Soap, cleaners, candles, dental, modelling pastes ($25k). In September 2024 the top imports of South Korea from Suriname were Wood, wood articles, & charcoal ($325k), Fish, crustaceans, & molluscs ($51k), Vegetable plaiting materials & products, n.e.s. ($3k), Electrical machinery and electronics ($2k), and Plastics & articles thereof ($1k).

Growth In September 2024, the decrease in South Korea's year-by-year exports to Suriname was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts ($-295k or -56.4%) and Plastics & articles thereof ($-15k or -27.3%). In September 2024, the increase in South Korea's year-by-year imports  from Suriname was explained primarily by an increase in product imports  in Wood, wood articles, & charcoal ($18k or 5.86%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-190k(-43%)
IMPORT GROWTH (September 2023 - September 2024)$314k(110%)

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

To check Suriname and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Suriname and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $9.73M to Suriname. The main products exported from South Korea to Suriname were Large Construction Vehicles ($3.42M), Rolled Tobacco ($1.38M), and Delivery Trucks ($453k). During the last 5 years the exports of South Korea to Suriname have increased at an annualized rate of 6.25%, from $7.19M in 2017 to $9.73M in 2022.

Suriname does not register exports to South Korea. The main products exported from Suriname to South Korea were Sawn Wood ($2.13M), Scrap Copper ($1.62M), and Non-fillet Frozen Fish ($1.23M).

Exports from South Korea (Flag) to Suriname (Flag) (2022)

Exports from Suriname (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Suriname
Top DestinationSwitzerland$1.15B

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

In 2022, countries that imported more from South Korea than Suriname included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Suriname than South Korea included Guyana ($159M), Trinidad and Tobago ($126M), and Barbados ($16.2M).

Difference in imports from Suriname (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Suriname

Flow
Scale

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

During 2022, South Korea had a large net trade with Suriname in the exports of Machines ($5.26M), Foodstuffs ($1.8M), and Plastics and Rubbers ($922k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Suriname (Flag) (2022)

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