Suriname (SUR) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Suriname-Nigeria Trade: In 2022, Suriname exported $66.9k to Nigeria. The main products that Suriname exported to Nigeria were Equine and Bovine Hides ($24.7k), Spark-Ignition Engines ($15.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.6k). Over the past 5 years the exports of Suriname to Nigeria have increased at an annualized rate of 34.7%, from $15.1k in 2017 to $66.9k in 2022.

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

Nigeria-Suriname In N/A, Nigeria did not export any products to Suriname.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $66.9k to Nigeria. The main products exported from Suriname to Nigeria were Equine and Bovine Hides ($24.7k), Spark-Ignition Engines ($15.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.6k). During the last 5 years the exports of Suriname to Nigeria have increased at an annualized rate of 34.7%, from $15.1k in 2017 to $66.9k in 2022.

Nigeria does not register exports to Suriname. The main products exported from Nigeria to Suriname were Shaving Products ($8.05k), Beauty Products ($6.94k), and Fake Hair ($6.63k).

Exports from Suriname () to Nigeria () (2022)

Exports from Nigeria () to Suriname () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Suriname than Nigeria included Guyana ($159M), Trinidad and Tobago ($126M), and United Arab Emirates ($609M).

In 2022, countries that imported more from Nigeria than Suriname included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Suriname - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Nigeria in the exports of Machines ($25.9k), Animal Hides ($24.7k), and Transportation ($14.8k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Suriname () to Nigeria () (2022)

Exports from Nigeria () to Suriname () (2022)

Market Competitiveness

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

Comparative Advantage Suriname - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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