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Pricing

2022
Flag → Flag
Exports $9.73MRnk 170 / 220
2022
Flag → Flag
Top Product $3.42MLarge Construction Vehicles
2022
Flag → Flag
Exports $6.07MRnk 25 / 135
2022
Flag → Flag
Top Product $2.13MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP$3.62BCURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP GROWTH-27.3%CURRENT US$
Rnk 181 / 186
2022
Flag
GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC$5,858CURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP PC GROWTH-34.3%CURRENT US$
Rnk 179 / 186

About

South Korea-Suriname Trade: In 2022, South Korea exported $9.73M to Suriname. The main products that South Korea exported to Suriname were Large Construction Vehicles ($3.42M), Rolled Tobacco ($1.38M), and Delivery Trucks ($453k). Over the past 5 years the exports of South Korea to Suriname have increased at an annualized rate of 6.25%, from $7.19M in 2017 to $9.73M in 2022.

In 2022, South Korea did not export any services to Suriname.

Suriname-South Korea Trade: In 2022, Suriname exported $6.07M to South Korea. The main products that Suriname exported to South Korea were Sawn Wood ($2.13M), Scrap Copper ($1.62M), and Non-fillet Frozen Fish ($1.23M). Over the past 5 years the exports of Suriname to South Korea have increased at an annualized rate of 32.9%,  from $1.47M in 2017 to $6.07M in 2022.

In 2022, Suriname did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Suriname ranked 137 in total exports ($2.94B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, South Korea exported $880k and imported $663k from Suriname, resulting in a positive trade balance of $217k. Between July 2023 and July 2024 the exports of South Korea have increased by $560k (175%) from $320k to $880k, while imports decreased by $-344k (-34.2%) from $1.01M to $663k.

Trade In July 2024, the top exports of South Korea to Suriname were Machinery, mechanical appliances, & parts ($228k), Cars, tractors, trucks & parts thereof. ($173k), Beverages, spirits, & vinegar ($56k), Plastics & articles thereof ($40k), and Soap, cleaners, candles, dental, modelling pastes ($25k). In July 2024 the top imports of South Korea from Suriname were Wood, wood articles, & charcoal ($325k), Fish, crustaceans, & molluscs ($51k), Vegetable plaiting materials & products, n.e.s. ($3k), Electrical machinery and electronics ($2k), and Plastics & articles thereof ($1k).

Growth In July 2024, the increase in South Korea's year-by-year exports to Suriname was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($147k or 565%) and Beverages, spirits, & vinegar ($32k or 133%). In July 2024, the decrease in South Korea's year-by-year imports  from Suriname was explained primarily by an decrease in product imports  in Fish, crustaceans, & molluscs ($-182k or -78.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$560k(175%)
IMPORT GROWTH (July 2023 - July 2024)$-344k(-34.2%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Suriname and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Suriname and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $9.73M to Suriname. The main products exported from South Korea to Suriname were Large Construction Vehicles ($3.42M), Rolled Tobacco ($1.38M), and Delivery Trucks ($453k). During the last 5 years the exports of South Korea to Suriname have increased at an annualized rate of 6.25%, from $7.19M in 2017 to $9.73M in 2022.

In 2017, Suriname exported $6.07M to South Korea. The main products exported from Suriname to South Korea were Sawn Wood ($2.13M), Scrap Copper ($1.62M), and Non-fillet Frozen Fish ($1.23M). During the last 5 years the exports of Suriname to South Korea have increased at an annualized rate of 32.9%, from $1.47M in 2022 to $6.07M in 2017.

Exports from South Korea (Flag) to Suriname (Flag) (2022)

Exports from Suriname (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Suriname
Top DestinationSwitzerland$1.15B

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

In 2022, countries that imported more from South Korea than Suriname included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Suriname than South Korea included Guyana ($159M), Trinidad and Tobago ($126M), and Barbados ($16.2M).

Difference in imports from Suriname (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Suriname

Flow
Scale

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

During 2022, South Korea had a large net trade with Suriname in the exports of Machines ($5.26M), Foodstuffs ($1.8M), and Plastics and Rubbers ($922k).

During 2017, Suriname had a large net trade with South Korea in the exports of Wood Products ($2.58M), Metals ($1.71M), and Animal Products ($1.23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Suriname+N/AN/A
Top Product Potential Suriname South Korea+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Suriname (Flag) (2022)

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