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2023
Flag → Flag
Exports $43.7kRnk 140 / 159
2023
Flag → Flag
Top Product $15.4kBeauty Products
2023
Flag → Flag
Exports $69.8kRnk 19 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 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 $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 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

Nigeria-Suriname Trade: In 2023, Nigeria exported $43.7k to Suriname. The main products that Nigeria exported to Suriname were Beauty Products ($15.4k), Fake Hair ($10.3k), and Non-Knit Active Wear ($4.72k). Over the past 5 years the exports of Nigeria to Suriname have increased at an annualized rate of 10.1%, from $27.1k in 2018 to $43.7k in 2023.

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

Suriname-Nigeria Trade: In 2023, Suriname exported $69.8k to Nigeria. The main products that Suriname exported to Nigeria were N/A. Over the past 5 years the exports of Suriname to Nigeria have increased at an annualized rate of 35.8%,  from $15.1k in 2018 to $69.8k in 2023.

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

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Suriname ranked 141 in total exports ($2.42B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $43.7k to Suriname. The main products exported from Nigeria to Suriname were Beauty Products ($15.4k), Fake Hair ($10.3k), and Non-Knit Active Wear ($4.72k). During the last 5 years the exports of Nigeria to Suriname have increased at an annualized rate of 10.1%, from $27.1k in 2018 to $43.7k in 2023.

In 2017, Suriname exported $69.8k to Nigeria. There were not main exports from Suriname to Nigeria in 2017. During the last 5 years the exports of Suriname to Nigeria have increased at an annualized rate of 35.8%, from $15.1k in 2022 to $69.8k in 2017.

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

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

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Suriname
Top DestinationSwitzerland$1.18B

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 2023, countries that imported more from Nigeria than Suriname included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Suriname than Nigeria included Switzerland ($1.18B), Guyana ($118M), and Paraguay ($14.7M).

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

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 2023, Nigeria had a large net trade with Suriname in the exports of Chemical Products ($20.2k), Footwear and Headwear ($10.3k), and Textiles ($8.64k).

During 2017, Suriname had a large net trade with Nigeria in the exports of .

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) (2023)

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