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2022
Flag → Flag
Exports $17.2MRnk 16 / 135
2022
Flag → Flag
Top Product $8.97MHard Liquor
2022
Flag → Flag
Exports $8.35MRnk 38 / 126
2022
Flag → Flag
Top Product $6MOther Heating Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH-27.3%CURRENT US$
Rnk 181 / 186
2022
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GDP PC $5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH-34.3%CURRENT US$
Rnk 179 / 186

About

Suriname-Venezuela Trade: In 2022, Suriname exported $17.2M to Venezuela. The main products that Suriname exported to Venezuela were Hard Liquor ($8.97M), Poultry Meat ($2.43M), and Rolled Tobacco ($2.08M). Over the past 5 years the exports of Suriname to Venezuela have increased at an annualized rate of 16.7%, from $7.95M in 2017 to $17.2M in 2022.

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

Venezuela-Suriname Trade: In 2022, Venezuela exported $8.35M to Suriname. The main products that Venezuela exported to Suriname were Other Heating Machinery ($6M), Centrifuges ($1.53M), and Large Iron Containers ($371k). Over the past 5 years the exports of Venezuela to Suriname have increased at an annualized rate of 14.6%,  from $4.22M in 2017 to $8.35M in 2022.

In 2022, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Suriname exported $17.2M to Venezuela. The main products exported from Suriname to Venezuela were Hard Liquor ($8.97M), Poultry Meat ($2.43M), and Rolled Tobacco ($2.08M). During the last 5 years the exports of Suriname to Venezuela have increased at an annualized rate of 16.7%, from $7.95M in 2017 to $17.2M in 2022.

In 2017, Venezuela exported $8.35M to Suriname. The main products exported from Venezuela to Suriname were Other Heating Machinery ($6M), Centrifuges ($1.53M), and Large Iron Containers ($371k). During the last 5 years the exports of Venezuela to Suriname have increased at an annualized rate of 14.6%, from $4.22M in 2022 to $8.35M in 2017.

Exports from Suriname (Flag) to Venezuela (Flag) (2022)

Exports from Venezuela (Flag) to Suriname (Flag) (2022)

Market Competitiveness

Color
Suriname
Top DestinationSwitzerland$1.15B
Venezuela
Top DestinationChina$703M

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

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

In 2022, countries that imported more from Venezuela than Suriname included China ($703M), Turkey ($597M), and Spain ($518M).

Difference in imports from Venezuela (Flag) and Suriname (Flag) (2022)

Comparative Advantage Suriname - Venezuela

Flow
Scale

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

During 2022, Suriname had a large net trade with Venezuela in the exports of Foodstuffs ($14.4M), Animal Products ($2.44M), and Chemical Products ($202k).

During 2017, Venezuela had a large net trade with Suriname in the exports of Machines ($7.76M), Metals ($371k), and Miscellaneous ($111k).

Economic Complexity

Competitive Landscape

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

Product Space of Suriname (Flag) and Venezuela (Flag) (2022)

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