Suriname recorded a trade surplus of 148.20 USD Million in the first quarter of 2019. Balance of Trade in Suriname averaged 91.47 USD Million from 2006 until 2019, reaching an all time high of 296.60 USD Million in the third quarter of 2011 and a record low of -129.40 USD Million in the third quarter of 2015.

Balance of Trade in Suriname is expected to be 94.14 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Suriname to stand at 87.58 in 12 months time. In the long-term, the Suriname Balance of Trade is projected to trend around 77.32 USD Million in 2020, according to our econometric models.

Suriname Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-30 03:00 PM Balance of Trade Q3 $103.9M $97.2M $ 18.3M
2019-02-28 08:00 PM Balance of Trade Q4 $197.7M $97.8M $90M
2019-05-31 04:00 PM Balance of Trade Q1 $148.2M $197M $150M
2019-09-02 12:00 PM Balance of Trade Q2 $32.5M $148.4M $100M
2019-11-30 03:00 PM Balance of Trade Q3 $32.5M $92M

Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 32.50 148.40 296.60 -129.40 USD Million [+]
Current Account -197.30 -10.50 248.30 -225.10 USD Million [+]
Current Account to GDP -2.90 -0.10 53.23 -30.44 percent [+]
Exports 518.00 563.00 738.60 264.60 USD Million [+]
Imports 485.50 414.60 594.10 220.60 USD Million [+]
Gold Reserves 1.30 1.30 8.80 0.60 Tonnes [+]
Crude Oil Production 16.00 16.00 17.00 5.00 BBL/D/1K [+]
Foreign Direct Investment -22.50 59.50 129.00 -83.20 Millions USD [+]
Capital Flows 152.20 195.70 383.80 -168.20 USD Million [+]

Suriname Balance of Trade

Suriname runs trade surpluses due to exports of bauxite. Suriname is also a net exporter of oil, gold, hardwood and bananas. The country is a net importer of fuel, food, clothing and machinery. Main trading partner is the United States (23 percent of total exports and 26 percent of imports). Others include: Netherlands, United Arab Emirates and Guyana. This page provides - Suriname Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Suriname Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
32.50 148.40 296.60 -129.40 2006 - 2019 USD Million Quarterly

Country Last Previous
Argentina 1744.00 Sep/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -122.98 Sep/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -3984900.00 Aug/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19