Suriname

Suriname ranked No. 114 in total trade value through March with a total of $126.5 million. Exports totaled $84.94 million and Imports totaled $41.56 million, a surplus of $43.37 million.

U.S. trade with Suriname rose to $126.5 million through March

Suriname’s trade with the United States rose to $126.5 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 10.43 percent above its total trade during the same time period last year. U.S. exports to Suriname decreased 6.67 percent while U.S. imports from Suriname rose 76.57 percent. The U.S. surplus with Suriname was $43.37 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami Int’l Airport; No. 2 Port Miami; No. 3 Port Everglades, Fla.; No. 4 Port of Houston; and No. 5 Low-Valued Imports and Exports. During the same period the previous year, the top five were No. 1 Port Miami No. 2 Port Everglades, Fla. No. 3 Port of Houston No. 4 Miami Int’l Airport and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 89.28 percent of Suriname’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami Int’l Airport rose 153.71 percent to $45.22 million.
    Exports fell 12.79 percent to $10.85 million. Imports rose 539.13 percent to $34.36 million.
  • Trade with No. 2 Port Miami fell 6.26 percent to $23.13 million.
    Exports rose 7.51 percent to $20.5 million. Imports fell 53.08 percent to $2.63 million.
  • Trade with No. 3 Port Everglades, Fla. fell 11.75 percent to $20.68 million.
    Exports fell 3.89 percent to $19.75 million. Imports fell 67.71 percent to $931,424.
  • Trade with No. 4 Port of Houston fell 12.41 percent to $18.22 million.
    Exports fell 13.47 percent to $17.79 million. Imports rose 77.62 percent to $429,715.
  • Trade with No. 5 Low-Valued Imports and Exports fell 0.99 percent to $5.68 million.
    Exports fell 0.99 percent to $5.68 million. There were no imports.

Suriname ranked No. 114 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 119.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Suriname by value through March were the categories of Parts for heavy machinery; Low value shipments; Gasoline, other fuels; Cyanides, cyanide oxides; and Chicken and other poultry, respectively. They accounted for 35.22 percent of total exports to Suriname.

The value of the top five categories of U.S. imports from Suriname –– Gold; Fish, fresh or chilled; Fish fillets, chilled or frozen; Frozen fish; and Motor vehicle parts –– accounted for 92.55 percent of all inbound shipments.

Looking more closely at U.S. exports to Suriname:

  • Parts for heavy machinery rose 240.71 percent compared to last year to $12.48 million.
  • Low value shipments fell 0.99 percent compared to last year to $5.68 million.
  • Gasoline, other fuels rose 21.75 percent compared to last year to $3.95 million.
  • Cyanides, cyanide oxides fell 25.67 percent compared to last year to $3.94 million.
  • Chicken and other poultry fell 37.5 percent compared to last year to $3.86 million.

Looking more closely at U.S. imports from Suriname:

  • Gold rose 31735 percent compared to last year to $29.61 million.
  • Fish, fresh or chilled fell 7.52 percent compared to last year to $3.53 million.
  • Fish fillets, chilled or frozen fell 9.35 percent compared to last year to $3.19 million.
  • Frozen fish fell 30.48 percent compared to last year to $1.43 million.
  • Motor vehicle parts fell 1.74 percent compared to last year to $713,204.

In the latest annual figures available, Suriname recorded $458.9 million in trade with the United States. Total U.S. exports to Suriname were $ 375.75 million and imports from Suriname were $83.15 million. The U.S. surplus with Suriname was $292.61 million.