2022
Flag  
GDP
$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH
-27.3%CURRENT US$
Rnk 181 / 186
2022
Flag
GDP PC 
$5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH
-34.3%CURRENT US$
Rnk 179 / 186

About

Suriname-Cayman Islands Trade: In 2022, Suriname exported $10.7M to Cayman Islands. The main products that Suriname exported to Cayman Islands were Refined Petroleum ($10.7M). Over the past 20 years the exports of Suriname to Cayman Islands have increased at an annualized rate of 35.8%, from $23.5k in 2002 to $10.7M in 2022.

In 2022, Suriname did not export any services to Cayman Islands.

Cayman Islands-Suriname Trade: In 2022, Cayman Islands exported $1.57M to Suriname. The main products that Cayman Islands exported to Suriname were Soybean Meal ($1.53M), Laboratory Reagents ($34.5k), and Chemical Analysis Instruments ($6.7k). Over the past 20 years the exports of Cayman Islands to Suriname have increased at an annualized rate of 114%,  from $34.8k in 2002 to $1.57M in 2022.

In 2022, Cayman Islands did not export any services to Suriname.

Comparison In 2022,  Suriname ranked 137 in total exports ($2.94B). That same year, Cayman Islands ranked 165 in total exports ($737M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Suriname exported $10.7M to Cayman Islands. The main products exported from Suriname to Cayman Islands were Refined Petroleum ($10.7M). During the last 20 years the exports of Suriname to Cayman Islands have increased at an annualized rate of 35.8%, from $23.5k in 2002 to $10.7M in 2022.

In 2017, Cayman Islands exported $1.57M to Suriname. The main products exported from Cayman Islands to Suriname were Soybean Meal ($1.53M), Laboratory Reagents ($34.5k), and Chemical Analysis Instruments ($6.7k). During the last 5 years the exports of Cayman Islands to Suriname have increased at an annualized rate of 114%, from $34.8k in 2022 to $1.57M in 2017.

Exports from Suriname (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Suriname (Flag) (2022)

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.15B
Cayman Islands
Top Destination
Malta$218M

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

In 2022, countries that imported more from Suriname than Cayman Islands included Switzerland ($1.15B), United Arab Emirates ($609M), and Belgium ($304M).

In 2022, countries that imported more from Cayman Islands than Suriname included Malta ($218M), Norway ($163M), and Seychelles ($121M).

Difference in imports from Cayman Islands (Flag) and Suriname (Flag) (2022)

Comparative Advantage Suriname - Cayman Islands

Flow
Scale

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

During 2022, Suriname had a large net trade with Cayman Islands in the exports of Mineral Products ($10.7M).

During 2017, Cayman Islands had a large net trade with Suriname in the exports of Foodstuffs ($1.53M), Chemical Products ($34.5k), and Instruments ($6.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and Cayman Islands (Flag) (2022)

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