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Overview In 2023 Suriname was the number 141 economy in the world in terms of total exports and the number 162 in total imports.

Exports The top exports of Suriname are Gold ($1.87B), Refined Petroleum ($109M), Rough Wood ($67M), Non-fillet Frozen Fish ($49.9M), and Rolled Tobacco ($41.1M), exporting mostly to Switzerland ($1.18B), United Arab Emirates ($667M), Guyana ($118M), United States ($87.8M), and France ($72.7M).

Imports The top imports of Suriname are Refined Petroleum ($160M), Special Purpose Ships ($147M), Excavation Machinery ($76.1M), Delivery Trucks ($64.9M), and Rolled Tobacco ($63.5M), importing mostly from United States ($454M), China ($250M), Netherlands ($237M), Trinidad and Tobago ($180M), and Guyana ($170M).

In 2023, Suriname was the world's biggest importer of Glazed Ceramics ($5.29M)

Location Suriname borders Brazil, France, and Guyana by land.

Latest Trends

Latest Trade

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The following section uses the most recent trade data from partners of Suriname.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

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Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Gold$1.87B
Top Destination (2023)Switzerland$1.18B

In 2023, Suriname exported a total of $2.42B, making it the number 141 exporter in the world. During the last five reported years the exports of Suriname have changed by -$263M from $2.68B in 2018 to $2.42B in 2023.

The most recent exports are led by Gold ($1.87B), Refined Petroleum ($109M), Rough Wood ($67M), Non-fillet Frozen Fish ($49.9M), and Rolled Tobacco ($41.1M). The most common destination for the exports of Suriname are Switzerland ($1.18B), United Arab Emirates ($667M), Guyana ($118M), United States ($87.8M), and France ($72.7M).

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Exports (2023)
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Destinations (2023)
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Market Growth

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Growth
Fastest Growing Export Markets (2022 - 2023)
United Arab Emirates$48.5M (+ 7.83%)
France$43.9M (+ 152%)
China$8.91M (+ 20.2%)
Fastest Growing Import Markets (2022 - 2023)
Guyana$133M (+ 357%)
United States$19.6M (+ 4.51%)
United Arab Emirates$15M (+ 47.5%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Suriname Exports Services (2020)$104M
Suriname Imports Services (2020)$516M

In 2020, Suriname exported $104M worth of services. The top services exported by Suriname in 2020 were Miscellaneous business, professional, and technical services ($38.9M), Sea transport ($18.2M), Personal travel ($13.9M), Air transport ($10.6M), and Telecommunications services ($8.19M).

The top services imported by Suriname in 2020 were Miscellaneous business, professional, and technical services ($277M), Sea transport ($74.1M), Personal travel ($52M), Construction in the compiling economy ($21.1M), and Telecommunications services ($20.2M).

Service Exports (2020)

Service Imports (2020)

Economic Complexity

Most Specialized Products by RCA Index

Suriname has a high level of specialization in Gravel and Crushed Stone (51.9), Rough Wood (47.5), Gold (30.4), Dried/Salted/Smoked/Brined Fish (28.2), and Non-fillet Frozen Fish (17.8). Specialization is measured using RCA, an index that takes the ratio between Suriname observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Suriname according to the product complexity index (PCI) are Vegetable, mineral carving material and articles of these materials, moulded or carved... (0.082), Ice cream and other edible ice; whether or not containing cocoa (-0.032), Slag, ash and residues; (not from the manufacture of iron or steel)... (-0.086), volume; spirits, liqueurs and other spirituous beverages (-0.4), and Pebbles, gravel, crushed stone for concrete aggregates for road or railway ballast,... (-0.4). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Suriname according to the relatedness index, were Cocoa Beans (0.057), Processed Crustaceans (0.054), Cement (0.051), Bran (0.051), and Animal Meal and Pellets (0.05). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Suriname is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Suriname. These are products that tend to be co-exported with the products that Suriname exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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