Suriname (SUR) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Suriname-Philippines Trade: In 2022, Suriname exported $44.3k to Philippines. The main products that Suriname exported to Philippines were Rough Wood ($30k), Electrical Control Boards ($8.06k), and Sawn Wood ($6.11k). Over the past 6 years the exports of Suriname to Philippines have increased at an annualized rate of 88.7%, from $979 in 2016 to $44.3k in 2022.

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

Philippines-Suriname Trade: In 2022, Philippines exported $201k to Suriname. The main products that Philippines exported to Suriname were Rolled Tobacco ($135k), Twine and Rope ($54.7k), and Iron Pipe Fittings ($9.55k). Over the past 6 years the exports of Philippines to Suriname have decreased at an annualized rate of 16.1%, from $484k in 2016 to $201k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Suriname exported $44.3k to Philippines. The main products exported from Suriname to Philippines were Rough Wood ($30k), Electrical Control Boards ($8.06k), and Sawn Wood ($6.11k). During the last 6 years the exports of Suriname to Philippines have increased at an annualized rate of 88.7%, from $979 in 2016 to $44.3k in 2022.

In 2017, Philippines exported $201k to Suriname. The main products exported from Philippines to Suriname were Rolled Tobacco ($135k), Twine and Rope ($54.7k), and Iron Pipe Fittings ($9.55k). During the last 5 years the exports of Philippines to Suriname have decreased at an annualized rate of 16.1%, from $484k in 2022 to $201k in 2017.

Exports from Suriname () to Philippines () (2022)

Exports from Philippines () to Suriname () (2022)

Latest Data

Trade between Suriname () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Suriname
Top DestinationSwitzerland$1.15B

Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Suriname than Philippines included Guyana ($159M), Trinidad and Tobago ($126M), and Belgium ($304M).

In 2022, countries that imported more from Philippines than Suriname included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Suriname - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Suriname had a large net trade with Philippines in the exports of Wood Products ($36.1k), Machines ($8.06k), and Textiles ($73).

During 2017, Philippines had a large net trade with Suriname in the exports of Foodstuffs ($135k), Textiles ($54.7k), and Metals ($9.55k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Suriname () to Philippines () (2022)

Exports from Philippines () to Suriname () (2022)

Latest Data

Trade between Suriname () and Philippines ()

Philippines Exports

Market Competitiveness

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

Comparative Advantage Suriname - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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