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2023
Flag → Flag
Exports $4.55MRnk 132 / 142
2023
Flag → Flag
Top Product $1.63MLarge Construction Vehicles
2023
Flag → Flag
Exports $1.93MRnk 23 / 123
2023
Flag → Flag
Top Product $1.93MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
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 GDP$3.46BCURRENT US$
Rnk 166 / 195
2013-2023
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GDP GROWTH-32.9%CURRENT US$
Rnk 192 / 195
2023
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GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
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GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
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GDP PC$5,494CURRENT US$
Rnk 119 / 196
2013-2023
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GDP PC GROWTH-39.2%CURRENT US$
Rnk 191 / 195

About

South Korea-Suriname Trade: In 2023, South Korea exported $4.55M to Suriname. The main products that South Korea exported to Suriname were Large Construction Vehicles ($1.63M), Excavation Machinery ($798k), and Electric Batteries ($279k). Over the past 5 years the exports of South Korea to Suriname have decreased at an annualized rate of 12.3%, from $8.74M in 2018 to $4.55M in 2023.

In 2023, South Korea did not export any services to Suriname.

Suriname-South Korea Trade: In 2023, Suriname exported $1.93M to South Korea. The main products that Suriname exported to South Korea were Rolled Tobacco ($1.93M). Over the past 5 years the exports of Suriname to South Korea have decreased at an annualized rate of 14.5%,  from $4.22M in 2018 to $1.93M in 2023.

In 2023, Suriname did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). 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, South Korea exported $355k and imported $252k from Suriname, resulting in a positive trade balance of $103k. Between December 2023 and December 2024 the exports of South Korea have decreased by $-75k (-17.4%) from $430k to $355k, while imports decreased by $-498k (-66.4%) from $750k to $252k.

Trade In December 2024, the top exports of South Korea to Suriname were Machinery, mechanical appliances, & parts ($54k), Electrical machinery and electronics ($39k), Beverages, spirits, & vinegar ($14k), Cars, tractors, trucks & parts thereof. ($6k), and Wadding, felt, nonwovens, twin, ropes, &... ($3k). In December 2024 the top imports of South Korea from Suriname were Wood, wood articles, & charcoal ($326k), Electrical machinery and electronics ($88k), Fish, Crustaceans & Molluscs ($69k), Beverages, spirits, & vinegar ($0), and Plastics & articles thereof ($0).

Growth In December 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 ($-174k or -76.3%), Cars, tractors, trucks & parts thereof. ($-167k or -96.5%), and Beverages, spirits, & vinegar ($-42k or -75%). In December 2024, the decrease in South Korea's year-by-year imports  from Suriname was explained primarily by an decrease in product imports  in Plastics & articles thereof ($-1k or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-75k(-17.4%)
IMPORT GROWTH (December 2023 - December 2024)$-498k(-66.4%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $4.55M to Suriname. The main products exported from South Korea to Suriname were Large Construction Vehicles ($1.63M), Excavation Machinery ($798k), and Electric Batteries ($279k). During the last 5 years the exports of South Korea to Suriname have decreased at an annualized rate of 12.3%, from $8.74M in 2018 to $4.55M in 2023.

In 2018, Suriname exported $1.93M to South Korea. The main products exported from Suriname to South Korea were Rolled Tobacco ($1.93M). During the last 5 years the exports of Suriname to South Korea have decreased at an annualized rate of 14.5%, from $4.22M in 2023 to $1.93M in 2018.

Exports from South Korea (Flag) to Suriname (Flag) (2023)

Exports from Suriname (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Suriname
Top DestinationSwitzerland$1.18B

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 2023, countries that imported more from South Korea than Suriname included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Suriname than South Korea included Guyana ($118M), Jamaica ($58.5M), and Trinidad and Tobago ($6.4M).

Difference in imports from Suriname (Flag) and South Korea (Flag) (2023)

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 2023, South Korea had a large net trade with Suriname in the exports of Machines ($3.39M), Metals ($482k), and Transportation ($266k).

During 2018, Suriname had a large net trade with South Korea in the exports of Foodstuffs ($1.93M).

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) (2023)

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