Suriname-Norway Bilateral Trade Analysis 2023

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

SurinameNorway

$0

Exports (2023)

NorwaySuriname

$0

Imports (2023)

Trade Balance

$0

Surplus for Suriname

Total Trade

$0

Combined Volume

Trade Flow Visualization

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

SurinameNorway Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Machines and mechanical appliances: parts, of those having individual functions
$490,696
Infinity% of exports
2Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41
$20,371
Infinity% of exports
3Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$9,439
Infinity% of exports
4Fish fillets: frozen, of fish n.e.c. in heading 0304.8
$2,022
Infinity% of exports
5Furniture: wooden, for bedroom use
$1,472
Infinity% of exports

🎯 Strategic Export Focus

Suriname's export portfolio to Norway demonstrates strategic specialization, with machines and mechanical appliances: parts, of those having individual functions representing a key competitive advantage in this bilateral market.

NorwaySuriname Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Engines: parts for internal combustion piston engines (excluding spark-ignition)
$357,420
Infinity% of imports
2Medical, surgical instruments and appliances: electro-cardiographs
$82,162
Infinity% of imports
3Track suits and other garments n.e.c.: men's or boys', of cotton (not knitted or crocheted)
$69,071
Infinity% of imports
4Engines: parts, for engines and motors of heading no. 8412
$62,826
Infinity% of imports
5Electric accumulators: lead-acid, (other than for starting piston engines), including separators, whether or not rectangular (including square)
$62,003
Infinity% of imports

📦 Import Strategy Analysis

Suriname's import pattern from Norway reveals strategic sourcingin engines: parts for internal combustion piston engines (excluding spark-ignition), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Suriname demonstrates competitive strength in exportingmachines and mechanical appliances: parts, of those having individual functions to Norway, 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-Norway 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 machines and mechanical appliances: parts, of those having individual functions, boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41, crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
  • Import Dependencies: Key imports from Norway include engines: parts for internal combustion piston engines (excluding spark-ignition), medical, surgical instruments and appliances: electro-cardiographs, track suits and other garments n.e.c.: men's or boys', of cotton (not knitted or crocheted)

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 machines and mechanical appliances: parts, of those having individual functions.

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 machines and mechanical appliances: parts, of those having individual functionscomplements Norway's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in engines: parts for internal combustion piston engines (excluding spark-ignition).

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 machines and mechanical appliances: parts, of those having individual functions and engines: parts for internal combustion piston engines (excluding spark-ignition) 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 boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41 present expansion opportunities.
Market Diversification
Beyond current focus on engines: parts for internal combustion piston engines (excluding spark-ignition), 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 machines and mechanical appliances: parts, of those having individual functions 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 Norway 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 Norway total $0.00, with competitive advantages in machines and mechanical appliances: parts, of those having individual functions, representing $490,696 orInfinity% of bilateral exports.

Import Dependencies

Imports from Norway amount to $0.00, highlighting economic interdependence in engines: parts for internal combustion piston engines (excluding spark-ignition), with Engines: parts for internal combustion piston engines (excluding spark-ignition) 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 Norway in multiple formats.

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