Suriname recorded a trade surplus of 357.70 USD Million in the fourth quarter of 2020. source: Central Bank of Suriname

Balance of Trade in Suriname averaged 101.93 USD Million from 2006 until 2020, reaching an all time high of 357.70 USD Million in the fourth quarter of 2020 and a record low of -129.40 USD Million in the third quarter of 2015. This page provides - Suriname Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Suriname Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Balance of Trade in Suriname is expected to be 82.79 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 77.32 in 12 months time. In the long-term, the Suriname Balance of Trade is projected to trend around 77.32 USD Million in 2022 and 140.00 USD Million in 2023, according to our econometric models.

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Suriname Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
357.70 236.30 357.70 -129.40 2006 - 2020 USD Million Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2020-06-01 04:30 PM Q1 $221M $127.4M $ 110M
2020-09-02 12:00 PM Q2 $192M $215M $200M
2020-11-30 09:00 PM Q3 $238M $201M $150M
2021-03-01 08:00 PM Q4 $357.7M $236.3M $250M
2021-07-29 04:30 PM Q1 $357.7M $327M
2021-09-02 12:00 PM Q2 $329M
2021-11-30 07:00 PM Q3

Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 357.70 236.30 357.70 -129.40 USD Million [+]
Current Account 150.20 87.00 248.30 -225.10 USD Million [+]
Current Account to GDP 11.40 -12.10 53.23 -30.44 percent of GDP [+]
Imports 292.50 339.90 594.10 220.60 USD Million [+]
Exports 650.10 576.20 738.60 264.60 USD Million [+]
Gold Reserves 1.46 1.46 8.75 0.56 Tonnes [+]
Foreign Direct Investment 42.00 -29.90 129.00 -83.20 USD Million [+]
Capital Flows -34.90 -75.30 383.80 -168.20 USD Million [+]
Crude Oil Production 14.00 14.00 16.48 5.00 BBL/D/1K [+]

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.