Guyana (GUY) and Suriname (SUR) Trade | The Observatory of Economic Complexity

About

Guyana-Suriname Trade: In 2022, Guyana exported $36.5M to Suriname. The main products that Guyana exported to Suriname were Nitrogenous Fertilizers ($6.23M), Raw Sugar ($3.23M), and Flavored Water ($3.2M). Over the past 5 years the exports of Guyana to Suriname have increased at an annualized rate of 17.9%, from $16M in 2017 to $36.5M in 2022.

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

Suriname-Guyana Trade: In 2022, Suriname exported $159M to Guyana. The main products that Suriname exported to Guyana were Refined Petroleum ($133M), Gravel and Crushed Stone ($3.31M), and Prefabricated Buildings ($1.67M). Over the past 5 years the exports of Suriname to Guyana have increased at an annualized rate of 6.64%, from $115M in 2017 to $159M in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B). That same year, Suriname ranked 137 in total exports ($2.94B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $36.5M to Suriname. The main products exported from Guyana to Suriname were Nitrogenous Fertilizers ($6.23M), Raw Sugar ($3.23M), and Flavored Water ($3.2M). During the last 5 years the exports of Guyana to Suriname have increased at an annualized rate of 17.9%, from $16M in 2017 to $36.5M in 2022.

In 2017, Suriname exported $159M to Guyana. The main products exported from Suriname to Guyana were Refined Petroleum ($133M), Gravel and Crushed Stone ($3.31M), and Prefabricated Buildings ($1.67M). During the last 5 years the exports of Suriname to Guyana have increased at an annualized rate of 6.64%, from $115M in 2022 to $159M in 2017.

Exports from Guyana () to Suriname () (2022)

Exports from Suriname () to Guyana () (2022)

Latest Data

Trade between Guyana () and Suriname ()

Guyana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Suriname
Top DestinationSwitzerland$1.15B

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

In 2022, countries that imported more from Guyana than Suriname included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

In 2022, countries that imported more from Suriname than Guyana included Switzerland ($1.15B), Belgium ($304M), and Mexico ($64.8M).

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

Comparative Advantage Guyana - Suriname

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Suriname in the exports of Chemical Products ($12.5M), Foodstuffs ($11.2M), and Machines ($3.33M).

During 2017, Suriname had a large net trade with Guyana in the exports of Mineral Products ($139M), Foodstuffs ($4.1M), and Machines ($3.83M).

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Suriname () (2022)

Exports from Suriname () to Guyana () (2022)

Latest Data

Trade between Guyana () and Suriname ()

Guyana Exports

Market Competitiveness

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

Comparative Advantage Guyana - Suriname

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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