2022
Flag  
GDP
$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH
-27.3%CURRENT US$
Rnk 181 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH
-34.3%CURRENT US$
Rnk 179 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

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 11%,  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
Value

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 11%, from $2.48k in 2022 to $1.39k in 2017.

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

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

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.15B
Iceland
Top Destination
Netherlands$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 (Flag) and Suriname (Flag) (2022)

Comparative Advantage Suriname - Iceland

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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