2022
Flag  
GDP
$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH
-27.3%CURRENT US$
Rnk 181 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 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
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Suriname-South Korea Trade: In 2022, Suriname exported $6.07M to South Korea. The main products that Suriname exported to South Korea were Sawn Wood ($2.13M), Scrap Copper ($1.62M), and Non-fillet Frozen Fish ($1.23M). Over the past 5 years the exports of Suriname to South Korea have increased at an annualized rate of 32.9%, from $1.47M in 2017 to $6.07M in 2022.

In 2022, Suriname did not export any services to South Korea.

South Korea-Suriname Trade: In 2022, South Korea exported $9.73M to Suriname. The main products that South Korea exported to Suriname were Large Construction Vehicles ($3.42M), Rolled Tobacco ($1.38M), and Delivery Trucks ($453k). Over the past 5 years the exports of South Korea to Suriname have increased at an annualized rate of 2.36%,  from $7.19M in 2017 to $9.73M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Suriname exported $6.07M to South Korea. The main products exported from Suriname to South Korea were Sawn Wood ($2.13M), Scrap Copper ($1.62M), and Non-fillet Frozen Fish ($1.23M). During the last 5 years the exports of Suriname to South Korea have increased at an annualized rate of 32.9%, from $1.47M in 2017 to $6.07M in 2022.

In 2017, South Korea exported $9.73M to Suriname. The main products exported from South Korea to Suriname were Large Construction Vehicles ($3.42M), Rolled Tobacco ($1.38M), and Delivery Trucks ($453k). During the last 5 years the exports of South Korea to Suriname have increased at an annualized rate of 2.36%, from $7.19M in 2022 to $9.73M in 2017.

Exports from Suriname (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Suriname (Flag) (2022)

Latest Data

Trade between Suriname (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.15B
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Suriname than South Korea included Guyana ($159M), Trinidad and Tobago ($126M), and Barbados ($16.2M).

In 2022, countries that imported more from South Korea than Suriname included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Suriname (Flag) (2022)

Comparative Advantage Suriname - South Korea

Flow
Scale

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

During 2022, Suriname had a large net trade with South Korea in the exports of Wood Products ($2.58M), Metals ($1.71M), and Animal Products ($1.23M).

During 2017, South Korea had a large net trade with Suriname in the exports of Machines ($5.26M), Foodstuffs ($1.8M), and Plastics and Rubbers ($922k).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and South Korea (Flag) (2022)

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