Malaysia-Suriname Bilateral Trade Analysis 2023
Complete trade statistics: $5.48M total volume •Malaysia deficit: $5.48M
Malaysia → Suriname
$0
Exports (2023)
Suriname → Malaysia
$5.48M
Imports (2023)
Trade Balance
$5.48M
Deficit for Malaysia
Total Trade
$5.48M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Malaysia and Suriname. Green line shows exports from Malaysia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Malaysia-Suriname commercial relationship and competitive positioning in global markets.
Malaysia → Suriname Exports
Export Market Intelligence
🎯 Strategic Export Focus
Malaysia's export portfolio to Suriname demonstrates strategic specialization, with vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified representing a key competitive advantage in this bilateral market.
Suriname → Malaysia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Malaysia's import pattern from Suriname reveals significant dependencyin ferrous waste and scrap: n.e.c. in heading no. 7204, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Malaysia demonstrates competitive strength in exportingvegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified to Suriname, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $5.48M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Malaysia-Suriname Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $5.48 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Malaysia maintains a deficit of $5.48 million
- Export Focus: Malaysia's primary exports include vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified, food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products, vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared
- Import Dependencies: Key imports from Suriname include ferrous waste and scrap: n.e.c. in heading no. 7204, 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, iron or steel: articles n.e.c. in heading 7326
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 $5.48M 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 Malaysia leveraging its comparative advantages in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified.
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
Malaysia's specialization in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modifiedcomplements Suriname's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in ferrous waste and scrap: n.e.c. in heading no. 7204.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $5.48M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $5.48M 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 $5.48 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified and ferrous waste and scrap: n.e.c. in heading no. 7204 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Malaysia's trade deficit of $5.48 million impacts 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 Malaysia and Suriname represents a total trade volume of $5.48 million in 2023. This partnership demonstrates an unfavorable trade balance for Malaysia, with imports exceeding exportsby $5.48 million.
Export Strengths
Malaysia's exports to Suriname total $0.00, with competitive advantages in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified, representing $1.04M orInfinity% of bilateral exports.
Import Dependencies
Imports from Suriname amount to $5.48 million, highlighting economic interdependence in ferrous waste and scrap: n.e.c. in heading no. 7204, with Ferrous waste and scrap: n.e.c. in heading no. 7204 comprising85.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Malaysia's strategic sourcing from Suriname. 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 Malaysia and Suriname in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023