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Pricing

2022
Flag → Flag
Exports $34.6kRnk 149 / 166
2022
Flag → Flag
Top Product $8.05kShaving Products
2022
Flag → Flag
Exports $66.9kRnk 81 / 135
2022
Flag → Flag
Top Product $24.7kEquine and Bovine Hides
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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 $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 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

Nigeria-Suriname Trade: In 2022, Nigeria exported $34.6k to Suriname. The main products that Nigeria exported to Suriname were Shaving Products ($8.05k), Beauty Products ($6.94k), and Fake Hair ($6.63k). Over the past 5 years the exports of Nigeria to Suriname have decreased at an annualized rate of 16%, from $82.7k in 2017 to $34.6k in 2022.

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

Suriname-Nigeria Trade: In 2022, Suriname exported $66.9k to Nigeria. The main products that Suriname exported to Nigeria were Equine and Bovine Hides ($24.7k), Spark-Ignition Engines ($15.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.6k). Over the past 5 years the exports of Suriname to Nigeria have increased at an annualized rate of 8.15%,  from $15.1k in 2017 to $66.9k in 2022.

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

Comparison In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). 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, Nigeria exported $34.6k to Suriname. The main products exported from Nigeria to Suriname were Shaving Products ($8.05k), Beauty Products ($6.94k), and Fake Hair ($6.63k). During the last 5 years the exports of Nigeria to Suriname have decreased at an annualized rate of 16%, from $82.7k in 2017 to $34.6k in 2022.

In 2017, Suriname exported $66.9k to Nigeria. The main products exported from Suriname to Nigeria were Equine and Bovine Hides ($24.7k), Spark-Ignition Engines ($15.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.6k). During the last 5 years the exports of Suriname to Nigeria have increased at an annualized rate of 8.15%, from $15.1k in 2022 to $66.9k in 2017.

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

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

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Suriname
Top DestinationSwitzerland$1.15B

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

In 2022, countries that imported more from Nigeria than Suriname included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Suriname than Nigeria included Guyana ($159M), Trinidad and Tobago ($126M), and United Arab Emirates ($609M).

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

Comparative Advantage Nigeria - Suriname

Flow
Scale

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

During 2022, Nigeria had a large net trade with Suriname in the exports of Chemical Products ($18.2k), Footwear and Headwear ($6.63k), and Textiles ($4.47k).

During 2017, Suriname had a large net trade with Nigeria in the exports of Machines ($25.9k), Animal Hides ($24.7k), and Transportation ($14.8k).

Economic Complexity

Competitive Landscape

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

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

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