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2023
Flag → Flag
Exports $13.4MRnk 46 / 146
2023
Flag → Flag
Top Product $1.61MNitrogenous Fertilizers
2023
Flag → Flag
Exports $1.03MRnk 28 / 123
2023
Flag → Flag
Top Product $961kRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 69 / 132
2023
Flag  
GDP$83.3BCURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP GROWTH77.5%CURRENT US$
Rnk 32 / 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 $18,686CURRENT US$
Rnk 65 / 195
2013-2023
Flag
GDP PC GROWTH52.3%CURRENT US$
Rnk 43 / 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

Panama-Suriname Trade: In 2023, Panama exported $13.4M to Suriname. The main products that Panama exported to Suriname were Nitrogenous Fertilizers ($1.61M), Telephones ($1.39M), and Fishing Ships ($1.26M). Over the past 5 years the exports of Panama to Suriname have decreased at an annualized rate of 13.3%, from $27.4M in 2018 to $13.4M in 2023.

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

Suriname-Panama Trade: In 2023, Suriname exported $1.03M to Panama. The main products that Suriname exported to Panama were Rolled Tobacco ($961k), Bran ($39.5k), and Computers ($27.5k). Over the past 5 years the exports of Suriname to Panama have decreased at an annualized rate of 3.82%,  from $1.25M in 2018 to $1.03M in 2023.

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

Comparison In 2023,  Panama ranked 69 in the Economic Complexity Index (ECI -0.14),  and 121 in total exports ($6.59B). 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, Panama exported $13.4M to Suriname. The main products exported from Panama to Suriname were Nitrogenous Fertilizers ($1.61M), Telephones ($1.39M), and Fishing Ships ($1.26M). During the last 5 years the exports of Panama to Suriname have decreased at an annualized rate of 13.3%, from $27.4M in 2018 to $13.4M in 2023.

In 2018, Suriname exported $1.03M to Panama. The main products exported from Suriname to Panama were Rolled Tobacco ($961k), Bran ($39.5k), and Computers ($27.5k). During the last 5 years the exports of Suriname to Panama have decreased at an annualized rate of 3.82%, from $1.25M in 2023 to $1.03M in 2018.

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

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

Latest Data

Trade between Panama (Flag) and Suriname (Flag)

Panama Exports

Market Competitiveness

Color
Panama
Top DestinationChina$1.62B
Suriname
Top DestinationSwitzerland$1.18B

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

In 2023, countries that imported more from Panama than Suriname included China ($1.62B), Japan ($653M), and Thailand ($346M).

In 2023, countries that imported more from Suriname than Panama included Switzerland ($1.18B), United Arab Emirates ($667M), and France ($72.7M).

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

Comparative Advantage Panama - Suriname

Flow
Scale

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

During 2023, Panama had a large net trade with Suriname in the exports of Machines ($3.78M), Chemical Products ($2.01M), and Transportation ($1.5M).

During 2018, Suriname had a large net trade with Panama in the exports of Foodstuffs ($1M) and Machines ($27.5k).

Economic Complexity

Competitive Landscape

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

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

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