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Suriname Trade Summary

2020

Suriname exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SURINAME 2020

Overall Exports and Imports for Suriname 2020

Exports and imports of Suriname in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,193 million.
  • The total value of imports (CIF) was 1,533 million.
  • At the HS6 digit level, 192 products were exported to 80 countries and 2,556 products were imported from 110 countries.

Suriname top 5 Export and Import partners 2020

Top five countries to which Suriname exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Suriname exports to Switzerland worth US$ 805 million, with a partner share of 36.69 percent.
  2. Suriname exports to United Arab Emirates worth US$ 402 million, with a partner share of 18.32 percent.
  3. Suriname exports to Unspecified worth US$ 308 million, with a partner share of 14.05 percent.
  4. Suriname exports to Netherlands worth US$ 219 million, with a partner share of 9.99 percent.
  5. Suriname exports to United States worth US$ 119 million, with a partner share of 5.41 percent.

Top five countries from which Suriname imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Suriname imports from United States worth US$ 375 million, with a partner share of 24.44 percent.
  2. Suriname imports from Trinidad and Tobago worth US$ 281 million, with a partner share of 18.31 percent.
  3. Suriname imports from Netherlands worth US$ 183 million, with a partner share of 11.92 percent.
  4. Suriname imports from China worth US$ 125 million, with a partner share of 8.13 percent.
  5. Suriname imports from Antigua and Barbuda worth US$ 60 million, with a partner share of 3.89 percent.

Suriname Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Suriname along with trade value are:

  1. Suriname exported Gold in unwrought forms non-monetary , worth 1,558,336.03 (US$ Thousands).
  2. Suriname exported Parts of boring or sinking machinery, whether o , worth 82,987.18 (US$ Thousands).
  3. Suriname exported Wood, nes in the rough..., (excl. treated) , worth 80,400.57 (US$ Thousands).
  4. Suriname exported Cigarettes containing tobacco , worth 46,707.96 (US$ Thousands).
  5. Suriname exported Semi-milled or wholly milled rice , worth 17,635.40 (US$ Thousands).

The top five imported HS 6 digit level products from world by Suriname along with trade value are

  1. Suriname imported Petroleum oils, etc, (excl. crude); preparation , worth 173,681.44 (US$ Thousands).
  2. Suriname imported Parts of boring or sinking machinery, whether o , worth 148,120.83 (US$ Thousands).
  3. Suriname imported Parts of pumps for liquid whether or not fitted , worth 44,923.59 (US$ Thousands).
  4. Suriname imported Parts of cranes, work-trucks, shovels, and othe , worth 25,036.42 (US$ Thousands).
  5. Suriname imported Propane, liquefied , worth 24,630.04 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Suriname in 2020 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 10.76 percent.
  • The trade weighted average tariff was 8.72 .
  • The total duty free imports in thousands of US dollars were 339,149.62 and duty free tariff line items share was 13.36 percent.

Development Indicators 2020

Key Development Indicators of Suriname in 2020 are below

  • Suriname GDP in current US dollar was 2,912 million.
  • GNI per capita, Atlas method (current US$) was 4,500.00 .
  • Suriname Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 22.85 .

Trade Indicators 2020

Trade Indicators for Suriname in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 1.68.
  • World Growth in percentage was -3.77 and Suriname Country Growth was -7.30 .