2023
Flag  
GDP
$3.46BCURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP GROWTH
-32.9%CURRENT US$
Rnk 192 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC 
$5,494CURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP PC GROWTH
-39.2%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Suriname-Norway Trade: In 2023, Suriname exported $531k to Norway. The main products that Suriname exported to Norway were Machinery Having Individual Functions ($491k), Excavation Machinery ($20.4k), and Crustaceans ($9.44k). Over the past 5 years the exports of Suriname to Norway have increased at an annualized rate of 44.2%, from $85.2k in 2018 to $531k in 2023.

In 2023, Suriname did not export any services to Norway.

Norway-Suriname Trade: In 2023, Norway exported $1.26M to Suriname. The main products that Norway exported to Suriname were Non-Knit Active Wear ($97.1k), Other Engines ($94.9k), and Centrifuges ($85.6k). Over the past 5 years the exports of Norway to Suriname have increased at an annualized rate of 26.6%,  from $388k in 2018 to $1.26M in 2023.

In 2023, Norway did not export any services to Suriname.

Comparison In 2023,  Suriname ranked 141 in total exports ($2.42B), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Suriname exported $531k to Norway. The main products exported from Suriname to Norway were Machinery Having Individual Functions ($491k), Excavation Machinery ($20.4k), and Crustaceans ($9.44k). During the last 5 years the exports of Suriname to Norway have increased at an annualized rate of 44.2%, from $85.2k in 2018 to $531k in 2023.

In 2018, Norway exported $1.26M to Suriname. The main products exported from Norway to Suriname were Non-Knit Active Wear ($97.1k), Other Engines ($94.9k), and Centrifuges ($85.6k). During the last 5 years the exports of Norway to Suriname have increased at an annualized rate of 26.6%, from $388k in 2023 to $1.26M in 2018.

Exports from Suriname (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to Suriname (Flag) (2023)

Latest Data

Trade between Suriname (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Suriname
Top Destination
Switzerland$1.18B
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Suriname than Norway included Switzerland ($1.18B), United Arab Emirates ($667M), and Guyana ($118M).

In 2023, countries that imported more from Norway than Suriname included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway (Flag) and Suriname (Flag) (2023)

Comparative Advantage Suriname - Norway

Flow
Scale

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

During 2023, Suriname had a large net trade with Norway in the exports of Machines ($512k), Animal Products ($14.2k), and Textiles ($2.53k).

During 2018, Norway had a large net trade with Suriname in the exports of Machines ($831k), Instruments ($205k), and Textiles ($98.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and Norway (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with