Suriname-France Bilateral Trade Analysis 2023

Complete trade statistics: $85.42M total volume •Suriname surplus: $48.18M

SurinameFrance

$66.80M

Exports (2023)

FranceSuriname

$18.62M

Imports (2023)

Trade Balance

$48.18M

Surplus for Suriname

Total Trade

$85.42M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Suriname and France. 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-France commercial relationship and competitive positioning in global markets.

SurinameFrance Exports

$66.80M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
55.6% top product
1Metals: gold, non-monetary, unwrought (but not powder)
$37.15M
55.6% of exports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$22.62M
33.9% of exports
3Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed
$2.11M
3.2% of exports
4Pebbles, gravel, broken or crushed stone: of a kind commonly used for concrete aggregates, for road metalling or for railway or other ballast, shingle and flint, whether or not heat-treated
$842,169
1.3% of exports
5Cereals: husked (brown) rice
$478,271
0.7% of exports

🎯 Strategic Export Focus

Suriname's export portfolio to France demonstrates strategic specialization, with metals: gold, non-monetary, unwrought (but not powder) representing a key competitive advantage in this bilateral market.

FranceSuriname Imports

$18.62M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
42.1% concentration
1Spirits obtained by distilling grape wine or grape marc
$7.83M
42.1% of imports
2Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208
$1.60M
8.6% of imports
3Malt: not roasted
$1.24M
6.7% of imports
4Acrylic polymers: (other than polymethyl methacrylate), in primary forms
$754,655
4.1% of imports
5Electrical static converters
$664,147
3.6% of imports

📦 Import Strategy Analysis

Suriname's import pattern from France reveals significant dependencyin spirits obtained by distilling grape wine or grape marc, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Suriname demonstrates competitive strength in exportingmetals: gold, non-monetary, unwrought (but not powder) to France, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

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

Specialized Exchange
📈

Growth Potential

The $85.42M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Suriname-France Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $85.42 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Suriname maintains a surplus of $48.18 million
  • Export Focus: Suriname's primary exports include metals: gold, non-monetary, unwrought (but not powder), petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, cereals: rice, semi-milled or wholly milled, whether or not polished or glazed
  • Import Dependencies: Key imports from France include spirits obtained by distilling grape wine or grape marc, spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208, malt: not roasted

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 $85.42M 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 metals: gold, non-monetary, unwrought (but not powder).

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 metals: gold, non-monetary, unwrought (but not powder)complements France's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in spirits obtained by distilling grape wine or grape marc.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $85.42M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $85.42M 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 $85.42 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in metals: gold, non-monetary, unwrought (but not powder) and spirits obtained by distilling grape wine or grape marc demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Suriname's trade surplus of $48.18 million 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 petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils present expansion opportunities.
Market Diversification
Beyond current focus on spirits obtained by distilling grape wine or grape marc, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in metals: gold, non-monetary, unwrought (but not powder) 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 France represents a total trade volume of $85.42 million in 2023. This partnership demonstrates a favorable trade balance for Suriname, with exports exceeding importsby $48.18 million.

Export Strengths

Suriname's exports to France total $66.80 million, with competitive advantages in metals: gold, non-monetary, unwrought (but not powder), representing $37.15M or55.6% of bilateral exports.

Import Dependencies

Imports from France amount to $18.62 million, highlighting economic interdependence in spirits obtained by distilling grape wine or grape marc, with Spirits obtained by distilling grape wine or grape marc comprising42.1% 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 France in multiple formats.

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