Suriname (SUR) and Jamaica (JAM) Trade | The Observatory of Economic Complexity

About

Suriname-Jamaica Trade: In 2022, Suriname exported $54.9M to Jamaica. The main products that Suriname exported to Jamaica were Rice ($23.4M), Non-fillet Frozen Fish ($17.8M), and Fish Fillets ($5.35M). Over the past 5 years the exports of Suriname to Jamaica have increased at an annualized rate of 4.6%, from $43.8M in 2017 to $54.9M in 2022.

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

Jamaica-Suriname Trade: In 2022, Jamaica exported $14.1M to Suriname. The main products that Jamaica exported to Suriname were Delivery Trucks ($3.4M), Refined Petroleum ($2.64M), and Hard Liquor ($1.35M). Over the past 5 years the exports of Jamaica to Suriname have increased at an annualized rate of 18.1%, from $6.11M in 2017 to $14.1M in 2022.

In 2022, Jamaica 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, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $54.9M to Jamaica. The main products exported from Suriname to Jamaica were Rice ($23.4M), Non-fillet Frozen Fish ($17.8M), and Fish Fillets ($5.35M). During the last 5 years the exports of Suriname to Jamaica have increased at an annualized rate of 4.6%, from $43.8M in 2017 to $54.9M in 2022.

In 2017, Jamaica exported $14.1M to Suriname. The main products exported from Jamaica to Suriname were Delivery Trucks ($3.4M), Refined Petroleum ($2.64M), and Hard Liquor ($1.35M). During the last 5 years the exports of Jamaica to Suriname have increased at an annualized rate of 18.1%, from $6.11M in 2022 to $14.1M in 2017.

Exports from Suriname () to Jamaica () (2022)

Exports from Jamaica () to Suriname () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Jamaica
Top DestinationUnited States$1.11B

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

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

In 2022, countries that imported more from Jamaica than Suriname included United States ($1.11B), Russia ($99.7M), and United Kingdom ($70.8M).

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

Comparative Advantage Suriname - Jamaica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Jamaica in the exports of Animal Products ($27.5M), Vegetable Products ($23.4M), and Chemical Products ($1.38M).

During 2017, Jamaica had a large net trade with Suriname in the exports of Transportation ($4.86M), Mineral Products ($2.74M), and Foodstuffs ($2.59M).

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

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Historical Data

Bilateral Trade by Products

Exports from Suriname () to Jamaica () (2022)

Exports from Jamaica () to Suriname () (2022)

Market Competitiveness

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

Comparative Advantage Suriname - Jamaica

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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