Suriname-Finland Bilateral Trade Analysis 2023

Complete trade statistics: $0 total volume •Suriname surplus: $0

SurinameFinland

$0

Exports (2023)

FinlandSuriname

$0

Imports (2023)

Trade Balance

$0

Surplus for Suriname

Total Trade

$0

Combined Volume

Trade Flow Visualization

Direct trade relationship between Suriname and Finland. Green line shows exports from Suriname, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Suriname-Finland commercial relationship and competitive positioning in global markets.

SurinameFinland Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber
$34,696
Infinity% of exports
2Rubber: vulcanised (other than hard rubber), gaskets, washers and other seals, of non-cellular rubber
$6,068
Infinity% of exports
3Fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$4,193
Infinity% of exports
4Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)
$3,207
Infinity% of exports
5Fish: fresh or chilled, catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99
$1,835
Infinity% of exports

🎯 Strategic Export Focus

Suriname's export portfolio to Finland demonstrates strategic specialization, with gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber representing a key competitive advantage in this bilateral market.

FinlandSuriname Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502
$1.06M
Infinity% of imports
2Electrical static converters
$509,862
Infinity% of imports
3Heat exchange units: not used for domestic purposes
$469,498
Infinity% of imports
4Electrical transformers, static converters and inductors: parts thereof
$244,063
Infinity% of imports
5Apparatus based on the use of x-rays: including radiography or radiotherapy apparatus, for medical, surgical or veterinary uses, not dental uses, excluding computed tomography apparatus
$90,577
Infinity% of imports

📦 Import Strategy Analysis

Suriname's import pattern from Finland reveals strategic sourcingin electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Suriname demonstrates competitive strength in exportinggloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber to Finland, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsperfectcomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $0 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Suriname-Finland Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $0.00representing a significant bilateral economic relationship
  • Trade Balance: Suriname maintains a surplus of $0.00
  • Export Focus: Suriname's primary exports include gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber, rubber: vulcanised (other than hard rubber), gaskets, washers and other seals, of non-cellular rubber, fish: frozen, n.e.c. in heading 0303, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
  • Import Dependencies: Key imports from Finland include electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502, electrical static converters, heat exchange units: not used for domestic purposes

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $0 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 Suriname leveraging its comparative advantages in gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber.

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

1

Comparative Advantage

Suriname's specialization in gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubbercomplements Finland's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $0 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityBalanced
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $0 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 $0.00 bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber and electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Suriname's trade surplus of $0.00 strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in rubber: vulcanised (other than hard rubber), gaskets, washers and other seals, of non-cellular rubber present expansion opportunities.
Market Diversification
Beyond current focus on electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber may affect future market positioning.

🎯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 Suriname and Finland represents a total trade volume of $0.00 in 2023. This partnership demonstrates a favorable trade balance for Suriname, with exports exceeding importsby $0.00.

Export Strengths

Suriname's exports to Finland total $0.00, with competitive advantages in gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber, representing $34,696 orInfinity% of bilateral exports.

Import Dependencies

Imports from Finland amount to $0.00, highlighting economic interdependence in electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502, with Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502 comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Suriname'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 Suriname and Finland in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023