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Pricing

2023
Flag → Flag
Exports $77.1kRnk 113 / 149
2023
Flag → Flag
Top Product $27.1kForging Machines
2023
Flag → Flag
Exports $81.2kRnk 66 / 123
2023
Flag → Flag
Top Product $62.9kElectric Soldering Equipment
2023
Flag
Economic Complexity (ECI) ECI -1Rnk 111 / 132
2023
Flag  
GDP$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH62.3%CURRENT US$
Rnk 48 / 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 $2,613CURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP PC GROWTH42.4%CURRENT US$
Rnk 58 / 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

Nicaragua-Suriname Trade: In 2023, Nicaragua exported $77.1k to Suriname. The main products that Nicaragua exported to Suriname were Forging Machines ($27.1k), Rubberworking Machinery ($25k), and Iron Structures ($13.2k). Over the past 5 years the exports of Nicaragua to Suriname have decreased at an annualized rate of 9.69%, from $128k in 2018 to $77.1k in 2023.

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

Suriname-Nicaragua Trade: In 2023, Suriname exported $81.2k to Nicaragua. The main products that Suriname exported to Nicaragua were Electric Soldering Equipment ($62.9k), Recovered Paper ($17.4k), and Rubber Apparel ($738). Over the past 5 years the exports of Suriname to Nicaragua have increased at an annualized rate of 187%,  from $414 in 2018 to $81.2k in 2023.

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

Comparison In 2023,  Nicaragua ranked 111 in the Economic Complexity Index (ECI -1),  and 110 in total exports ($8.51B). 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, Nicaragua exported $77.1k to Suriname. The main products exported from Nicaragua to Suriname were Forging Machines ($27.1k), Rubberworking Machinery ($25k), and Iron Structures ($13.2k). During the last 5 years the exports of Nicaragua to Suriname have decreased at an annualized rate of 9.69%, from $128k in 2018 to $77.1k in 2023.

In 2018, Suriname exported $81.2k to Nicaragua. The main products exported from Suriname to Nicaragua were Electric Soldering Equipment ($62.9k), Recovered Paper ($17.4k), and Rubber Apparel ($738). During the last 5 years the exports of Suriname to Nicaragua have increased at an annualized rate of 187%, from $414 in 2023 to $81.2k in 2018.

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

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

Latest Data

Trade between Nicaragua (Flag) and Suriname (Flag)

Nicaragua Exports

Date

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.38B
Suriname
Top DestinationSwitzerland$1.18B

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

In 2023, countries that imported more from Nicaragua than Suriname included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

In 2023, countries that imported more from Suriname than Nicaragua included Switzerland ($1.18B), United Arab Emirates ($667M), and Guyana ($118M).

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

Comparative Advantage Nicaragua - Suriname

Flow
Scale

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

During 2023, Nicaragua had a large net trade with Suriname in the exports of Machines ($52.1k), Metals ($23.9k), and Foodstuffs ($1.14k).

During 2018, Suriname had a large net trade with Nicaragua in the exports of Machines ($62.9k), Paper Goods ($17.4k), and Plastics and Rubbers ($738).

Economic Complexity

Competitive Landscape

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

Product Space of Nicaragua (Flag) and Suriname (Flag) (2023)

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