Suriname-Montenegro Bilateral Trade Analysis 2023

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

SurinameMontenegro

$0

Exports (2023)

MontenegroSuriname

$0

Imports (2023)

Trade Balance

$0

Surplus for Suriname

Total Trade

$0

Combined Volume

Trade Flow Visualization

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

SurinameMontenegro Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Brassieres: whether or not knitted or crocheted
$10,402
Infinity% of exports
2Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$10,360
Infinity% of exports
3Pumps: parts thereof
$9,027
Infinity% of exports
4Cosmetic and toilet preparations: eye make-up
$7,368
Infinity% of exports
5Plastics: builders' ware, doors, windows and their frames and thresholds for doors
$5,549
Infinity% of exports

🎯 Strategic Export Focus

Suriname's export portfolio to Montenegro demonstrates strategic specialization, with brassieres: whether or not knitted or crocheted representing a key competitive advantage in this bilateral market.

MontenegroSuriname Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Vegetables: truffles and mushrooms (other than of the genus Agaricus), fresh or chilled
$33,127
Infinity% of imports
2Waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators
$24,723
Infinity% of imports
3Wood: coniferous species, of fir (Abies spp.) and spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm
$3,722
Infinity% of imports

📦 Import Strategy Analysis

Suriname's import pattern from Montenegro reveals strategic sourcingin vegetables: truffles and mushrooms (other than of the genus agaricus), fresh or chilled, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Suriname demonstrates competitive strength in exportingbrassieres: whether or not knitted or crocheted to Montenegro, 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-Montenegro 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 brassieres: whether or not knitted or crocheted, footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics, pumps: parts thereof
  • Import Dependencies: Key imports from Montenegro include vegetables: truffles and mushrooms (other than of the genus agaricus), fresh or chilled, waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators, wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm

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 brassieres: whether or not knitted or crocheted.

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 brassieres: whether or not knitted or crochetedcomplements Montenegro's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vegetables: truffles and mushrooms (other than of the genus agaricus), fresh or chilled.

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 brassieres: whether or not knitted or crocheted and vegetables: truffles and mushrooms (other than of the genus agaricus), fresh or chilled 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 footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics present expansion opportunities.
Market Diversification
Beyond current focus on vegetables: truffles and mushrooms (other than of the genus agaricus), fresh or chilled, 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 brassieres: whether or not knitted or crocheted 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 Montenegro 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 Montenegro total $0.00, with competitive advantages in brassieres: whether or not knitted or crocheted, representing $10,402 orInfinity% of bilateral exports.

Import Dependencies

Imports from Montenegro amount to $0.00, highlighting economic interdependence in vegetables: truffles and mushrooms (other than of the genus agaricus), fresh or chilled, with Vegetables: truffles and mushrooms (other than of the genus Agaricus), fresh or chilled 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 Montenegro in multiple formats.

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