Suriname (SUR) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Suriname-Madagascar Trade: In 2022, Suriname exported $369 to Madagascar. The main products that Suriname exported to Madagascar were Other Rubber Products ($369). Over the past 10 years the exports of Suriname to Madagascar have decreased at an annualized rate of 5.36%, from $640 in 2012 to $369 in 2022.

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

Madagascar-Suriname Trade: In 2022, Madagascar exported $6.16k to Suriname. The main products that Madagascar exported to Suriname were N/A. Over the past 10 years the exports of Madagascar to Suriname have increased at an annualized rate of 45.3%, from $450 in 2012 to $6.16k in 2022.

In 2022, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $369 to Madagascar. The main products exported from Suriname to Madagascar were Other Rubber Products ($369). During the last 10 years the exports of Suriname to Madagascar have decreased at an annualized rate of 5.36%, from $640 in 2012 to $369 in 2022.

In 2005, Madagascar exported $6.16k to Suriname. There were not main exports from Madagascar to Suriname in 2005. During the last 5 years the exports of Madagascar to Suriname have increased at an annualized rate of 45.3%, from $450 in 2010 to $6.16k in 2005.

Exports from Suriname () to Madagascar () (2022)

Exports from Madagascar () to Suriname () (2022)

Latest Data

Trade between Suriname () and Madagascar ()

Madagascar Exports

Date

May 2012

Mar 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Madagascar
Top DestinationUnited States$756M

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

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

In 2022, countries that imported more from Madagascar than Suriname included United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Suriname - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Madagascar in the exports of Plastics and Rubbers ($369).

During 2005, Madagascar had a large net trade with Suriname in the exports of .

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

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Historical Data

Bilateral Trade by Products

Exports from Suriname () to Madagascar () (2022)

Exports from Madagascar () to Suriname () (2022)

Latest Data

Trade between Suriname () and Madagascar ()

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Suriname - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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