Suriname (SUR) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Suriname-Italy Trade: In 2022, Suriname exported $2.35M to Italy. The main products that Suriname exported to Italy were Gas Turbines ($1.42M), Rice ($634k), and Shaped Wood ($51.3k). Over the past 5 years the exports of Suriname to Italy have increased at an annualized rate of 21.2%, from $896k in 2017 to $2.35M in 2022.

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

Italy-Suriname Trade: In 2022, Italy exported $16.2M to Suriname. The main products that Italy exported to Suriname were Nitrogenous Fertilizers ($3.84M), Electrical Transformers ($1.36M), and Iron Pipes ($665k). Over the past 5 years the exports of Italy to Suriname have decreased at an annualized rate of 4.02%, from $19.9M in 2017 to $16.2M in 2022.

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

Comparison In 2022, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $2.35M to Italy. The main products exported from Suriname to Italy were Gas Turbines ($1.42M), Rice ($634k), and Shaped Wood ($51.3k). During the last 5 years the exports of Suriname to Italy have increased at an annualized rate of 21.2%, from $896k in 2017 to $2.35M in 2022.

In 2017, Italy exported $16.2M to Suriname. The main products exported from Italy to Suriname were Nitrogenous Fertilizers ($3.84M), Electrical Transformers ($1.36M), and Iron Pipes ($665k). During the last 5 years the exports of Italy to Suriname have decreased at an annualized rate of 4.02%, from $19.9M in 2022 to $16.2M in 2017.

Exports from Suriname () to Italy () (2022)

Exports from Italy () to Suriname () (2022)

Latest Data

Trade between Suriname () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Suriname than Italy included Guyana ($159M), Curaçao ($7.8M), and North Korea ($1.48M).

In 2022, countries that imported more from Italy than Suriname included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Suriname - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Italy in the exports of Machines ($1.46M), Vegetable Products ($634k), and Instruments ($94.5k).

During 2017, Italy had a large net trade with Suriname in the exports of Chemical Products ($4.35M), Machines ($4.07M), and Metals ($2.22M).

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 Italy. This means that a dot/product with the flag of Suriname indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Suriname.

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Historical Data

Bilateral Trade by Products

Exports from Suriname () to Italy () (2022)

Exports from Italy () to Suriname () (2022)

Latest Data

Trade between Suriname () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Suriname - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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