2023
Flag  
GDP
$3.46BCURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP GROWTH
-32.9%CURRENT US$
Rnk 192 / 195
2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC 
$5,494CURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP PC GROWTH
-39.2%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Suriname-Australia Trade: In 2023, Suriname exported $853k to Australia. The main products that Suriname exported to Australia were Centrifuges ($404k), Sawn Wood ($102k), and Rolled Tobacco ($71.9k). Over the past 5 years the exports of Suriname to Australia have increased at an annualized rate of 25.5%, from $274k in 2018 to $853k in 2023.

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

Australia-Suriname Trade: In 2023, Australia exported $5.57M to Suriname. The main products that Australia exported to Suriname were Machinery Having Individual Functions ($1.2M), Liquid Pumps ($592k), and Motor vehicles; parts and accessories (8701 to 8705) ($319k). Over the past 5 years the exports of Australia to Suriname have increased at an annualized rate of 1.68%,  from $4.64M in 2018 to $5.57M in 2023.

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

Comparison In 2023,  Suriname ranked 141 in total exports ($2.42B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Suriname exported $853k to Australia. The main products exported from Suriname to Australia were Centrifuges ($404k), Sawn Wood ($102k), and Rolled Tobacco ($71.9k). During the last 5 years the exports of Suriname to Australia have increased at an annualized rate of 25.5%, from $274k in 2018 to $853k in 2023.

In 2018, Australia exported $5.57M to Suriname. The main products exported from Australia to Suriname were Machinery Having Individual Functions ($1.2M), Liquid Pumps ($592k), and Motor vehicles; parts and accessories (8701 to 8705) ($319k). During the last 5 years the exports of Australia to Suriname have increased at an annualized rate of 1.68%, from $4.64M in 2023 to $5.57M in 2018.

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

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

Latest Data

Trade between Suriname (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.18B
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from Suriname than Australia included Guyana ($118M), Jamaica ($58.5M), and Paraguay ($14.7M).

In 2023, countries that imported more from Australia than Suriname included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Suriname - Australia

Flow
Scale

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

During 2023, Suriname had a large net trade with Australia in the exports of Machines ($567k), Wood Products ($102k), and Foodstuffs ($90.8k).

During 2018, Australia had a large net trade with Suriname in the exports of Machines ($3.52M), Metals ($541k), and Transportation ($368k).

Economic Complexity

Competitive Landscape

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

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

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