Türkiye-Suriname Bilateral Trade Analysis 2023
Complete trade statistics: $38.87M total volume •Türkiye surplus: $38.87M
Türkiye → Suriname
$38.87M
Exports (2023)
Suriname → Türkiye
$0
Imports (2023)
Trade Balance
$38.87M
Surplus for Türkiye
Total Trade
$38.87M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Türkiye and Suriname. Green line shows exports from Türkiye, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Türkiye-Suriname commercial relationship and competitive positioning in global markets.
Türkiye → Suriname Exports
Export Market Intelligence
🎯 Strategic Export Focus
Türkiye's export portfolio to Suriname demonstrates strategic specialization, with vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified representing a key competitive advantage in this bilateral market.
Suriname → Türkiye Imports
Import Dependency Profile
📦 Import Strategy Analysis
Türkiye's import pattern from Suriname reveals significant dependencyin 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, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Türkiye demonstrates competitive strength in exportingvegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified to Suriname, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $38.87M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Türkiye-Suriname Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $38.87 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Türkiye maintains a surplus of $38.87 million
- Export Focus: Türkiye's primary exports include vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified, iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, cement: portland, other than white, whether or not artificially coloured
- Import Dependencies: Key imports from Suriname include 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, wood: in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, n.e.c. in heading no. 4403, fish: frozen, nile perch (lates niloticus) and snakeheads (channa spp.), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
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 $38.87M 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 Türkiye leveraging its comparative advantages in vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified.
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
Türkiye's specialization in vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modifiedcomplements Suriname's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in 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.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $38.87M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $38.87M 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 $38.87 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified and 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 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Türkiye's trade surplus of $38.87 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 Türkiye and Suriname represents a total trade volume of $38.87 million in 2023. This partnership demonstrates a favorable trade balance for Türkiye, with exports exceeding importsby $38.87 million.
Export Strengths
Türkiye's exports to Suriname total $38.87 million, with competitive advantages in vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified, representing $4.61M or11.9% of bilateral exports.
Import Dependencies
Imports from Suriname amount to $0.00, highlighting economic interdependence in 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, with 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 comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Türkiye'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 Türkiye and Suriname in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023