Germany-Suriname Bilateral Trade Analysis 2023
Complete trade statistics: $38.25M total volume •Germany surplus: $30.75M
Germany → Suriname
$34.50M
Exports (2023)
Suriname → Germany
$3.75M
Imports (2023)
Trade Balance
$30.75M
Surplus for Germany
Total Trade
$38.25M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Germany and Suriname. Green line shows exports from Germany, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Germany-Suriname commercial relationship and competitive positioning in global markets.
Germany → Suriname Exports
Export Market Intelligence
🎯 Strategic Export Focus
Germany's export portfolio to Suriname demonstrates strategic specialization, with cereals: wheat and meslin, other than durum wheat, other than seed representing a key competitive advantage in this bilateral market.
Suriname → Germany Imports
Import Dependency Profile
📦 Import Strategy Analysis
Germany's import pattern from Suriname reveals significant dependencyin wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Germany demonstrates competitive strength in exportingcereals: wheat and meslin, other than durum wheat, other than seed to Suriname, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $38.25M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Germany-Suriname Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $38.25 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Germany maintains a surplus of $30.75 million
- Export Focus: Germany's primary exports include cereals: wheat and meslin, other than durum wheat, other than seed, unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title, engines: parts for internal combustion piston engines (excluding spark-ignition)
- Import Dependencies: Key imports from Suriname include wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, wood: tropical (including unassembled strips and friezes for parquet flooring), continuously shaped along any edges, ends or faces, whether or not planed, sanded or end-jointed, pumps and compressors: parts, of air or vacuum pumps, air or other gas compressors and fans, ventilating or recycling hoods incorporating a fan
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $38.25M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Germany leveraging its comparative advantages in cereals: wheat and meslin, other than durum wheat, other than seed.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Germany's specialization in cereals: wheat and meslin, other than durum wheat, other than seedcomplements Suriname's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $38.25M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $38.25M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $38.25 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: wheat and meslin, other than durum wheat, other than seed and wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Germany's trade surplus of $30.75 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Germany and Suriname represents a total trade volume of $38.25 million in 2023. This partnership demonstrates a favorable trade balance for Germany, with exports exceeding importsby $30.75 million.
Export Strengths
Germany's exports to Suriname total $34.50 million, with competitive advantages in cereals: wheat and meslin, other than durum wheat, other than seed, representing $7.81M or22.6% of bilateral exports.
Import Dependencies
Imports from Suriname amount to $3.75 million, highlighting economic interdependence in wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, with Wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm comprising46.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Germany's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Germany and Suriname in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023