Norway (NOR) and Suriname (SUR) Trade | The Observatory of Economic Complexity

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Norway-Suriname Trade: In 2023, Norway exported $1.26M to Suriname. The main products that Norway exported to Suriname were Non-Knit Active Wear ($97.1k), Other Engines ($94.9k), and Centrifuges ($85.6k). Over the past 5 years the exports of Norway to Suriname have increased at an annualized rate of 26.6%, from $388k in 2018 to $1.26M in 2023.

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

Suriname-Norway Trade: In 2023, Suriname exported $531k to Norway. The main products that Suriname exported to Norway were Machinery Having Individual Functions ($491k), Excavation Machinery ($20.4k), and Crustaceans ($9.44k). Over the past 5 years the exports of Suriname to Norway have increased at an annualized rate of 44.2%, from $85.2k in 2018 to $531k in 2023.

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

Comparison In 2023, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). 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, Norway exported NOK2.43M and imported NOK7k from Suriname, resulting in a positive trade balance of NOK2.42M. Between December 2023 and December 2024 the exports of Norway have increased by NOK2.43M (N/A%) from NOK0 to NOK2.43M, while imports decreased by NOK-209k (-96.8%) from NOK216k to NOK7k.

Trade In December 2024, the top exports of Norway to Suriname were Inorganic chemicals (NOK522k), Miscellaneous manufactured articles, n.e.s. (NOK106k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In December 2024 the top imports of Norway from Suriname were Fish (not marine mammals), crustaceans, molluscs... (NOK20k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Cereals and cereal preparations (NOK0).

Growth In December 2024, the increase in Norway's year-by-year exports to Suriname was explained primarily by an increase in product exports in Miscellaneous manufactured articles, n.e.s. (NOK95k or 864%). In December 2024, the decrease in Norway's year-by-year imports from Suriname was explained primarily by an decrease in product imports in Articles of apparel and clothing accessories (NOK-3k or -100%) and Crude animal and vegetable materials, n.e.s. (NOK-1k or -100%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)NOK2.43M(N/A%)

IMPORT GROWTH (December 2023 - December 2024)NOK-209k(-96.8%)

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

To check Suriname and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Norway exported $1.26M to Suriname. The main products exported from Norway to Suriname were Non-Knit Active Wear ($97.1k), Other Engines ($94.9k), and Centrifuges ($85.6k). During the last 5 years the exports of Norway to Suriname have increased at an annualized rate of 26.6%, from $388k in 2018 to $1.26M in 2023.

In 2018, Suriname exported $531k to Norway. The main products exported from Suriname to Norway were Machinery Having Individual Functions ($491k), Excavation Machinery ($20.4k), and Crustaceans ($9.44k). During the last 5 years the exports of Suriname to Norway have increased at an annualized rate of 44.2%, from $85.2k in 2023 to $531k in 2018.

Exports from Norway () to Suriname () (2023)

Exports from Suriname () to Norway () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

Suriname
Top DestinationSwitzerland$1.18B

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

In 2023, countries that imported more from Norway than Suriname included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Difference in imports from Suriname () and Norway () (2023)

Comparative Advantage Norway - Suriname

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Norway had a large net trade with Suriname in the exports of Machines ($831k), Instruments ($205k), and Textiles ($98.6k).

During 2018, Suriname had a large net trade with Norway in the exports of Machines ($512k), Animal Products ($14.2k), and Textiles ($2.53k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Norway () to Suriname () (2023)

Exports from Suriname () to Norway () (2023)

Market Competitiveness

Difference in imports from Suriname () and Norway () (2023)

Comparative Advantage Norway - Suriname

Economic Complexity

Competitive Landscape

Product Space of Norway () and Suriname () (2023)

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