Spain-Suriname Bilateral Trade Analysis 2023
Complete trade statistics: $15.09M total volume •Spain surplus: $15.09M
Spain → Suriname
$15.09M
Exports (2023)
Suriname → Spain
$0
Imports (2023)
Trade Balance
$15.09M
Surplus for Spain
Total Trade
$15.09M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Spain and Suriname. Green line shows exports from Spain, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Spain-Suriname commercial relationship and competitive positioning in global markets.
Spain → Suriname Exports
Export Market Intelligence
🎯 Strategic Export Focus
Spain's export portfolio to Suriname demonstrates strategic specialization, with ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5% representing a key competitive advantage in this bilateral market.
Suriname → Spain Imports
Import Dependency Profile
📦 Import Strategy Analysis
Spain's import pattern from Suriname reveals significant dependencyin machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Spain demonstrates competitive strength in exportingceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5% to Suriname, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $15.09M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Spain-Suriname Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $15.09 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Spain maintains a surplus of $15.09 million
- Export Focus: Spain's primary exports include ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%, fuses and detonators: safety or detonating fuses, percussion or detonating caps, igniters, electric detonators, fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution
- Import Dependencies: Key imports from Suriname include machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, 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, ferrous waste and scrap: of stainless steel
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 $15.09M 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 Spain leveraging its comparative advantages in ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%.
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
Spain's specialization in ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%complements Suriname's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $15.09M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $15.09M 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 $15.09 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5% and machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Spain's trade surplus of $15.09 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 Spain and Suriname represents a total trade volume of $15.09 million in 2023. This partnership demonstrates a favorable trade balance for Spain, with exports exceeding importsby $15.09 million.
Export Strengths
Spain's exports to Suriname total $15.09 million, with competitive advantages in ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%, representing $3.48M or23.0% of bilateral exports.
Import Dependencies
Imports from Suriname amount to $0.00, highlighting economic interdependence in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, with Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Spain'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 Spain and Suriname in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023