Suriname (SUR) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Suriname-Iceland Trade: In 2022, Suriname exported $3.14k to Iceland. The main products that Suriname exported to Iceland were Processed Crustaceans ($1.04k), Precious Stones ($538), and Molluscs ($523). Over the past 9 years the exports of Suriname to Iceland have decreased at an annualized rate of 55.7%, from $4.79M in 2013 to $3.14k in 2022.

In 2022, Suriname did not export any services to Iceland.

Iceland-Suriname Trade: In 2022, Iceland exported $1.39k to Suriname. The main products that Iceland exported to Suriname were Gas and Liquid Flow Measuring Instruments ($1.39k). Over the past 9 years the exports of Iceland to Suriname have decreased at an annualized rate of 4.08%, from $2.48k in 2013 to $1.39k in 2022.

In 2022, Iceland did not export any services to Suriname.

Comparison In 2022, Suriname ranked 137 in total exports ($2.94B). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $3.14k to Iceland. The main products exported from Suriname to Iceland were Processed Crustaceans ($1.04k), Precious Stones ($538), and Molluscs ($523). During the last 9 years the exports of Suriname to Iceland have decreased at an annualized rate of 55.7%, from $4.79M in 2013 to $3.14k in 2022.

In 2017, Iceland exported $1.39k to Suriname. The main products exported from Iceland to Suriname were Gas and Liquid Flow Measuring Instruments ($1.39k). During the last 5 years the exports of Iceland to Suriname have decreased at an annualized rate of 4.08%, from $2.48k in 2022 to $1.39k in 2017.

Exports from Suriname () to Iceland () (2022)

Exports from Iceland () to Suriname () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Iceland
Top DestinationNetherlands$1.97B

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

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

In 2022, countries that imported more from Iceland than Suriname included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

Difference in imports from Iceland () and Suriname () (2022)

Comparative Advantage Suriname - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Iceland in the exports of Animal Products ($1.21k), Foodstuffs ($1.04k), and Precious Metals ($538).

During 2017, Iceland had a large net trade with Suriname in the exports of Instruments ($1.39k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Suriname () to Iceland () (2022)

Exports from Iceland () to Suriname () (2022)

Market Competitiveness

Difference in imports from Iceland () and Suriname () (2022)

Comparative Advantage Suriname - Iceland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Suriname () and Iceland () (2022)

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