Suriname recorded a trade surplus of 12.70 USD Million in the second quarter of 2018. Balance of Trade in Suriname averaged 86.40 USD Million from 2006 until 2018, 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 139.14 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 133.27 in 12 months time. In the long-term, the Suriname Balance of Trade is projected to trend around 104.34 USD Million in 2020, according to our econometric models.

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Suriname Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-31 03:30 PM Balance of Trade $184.4M $156.7M $200M
2017-11-30 02:45 PM Balance of Trade $182.8M $184.4M $165M
2018-08-31 10:30 PM Balance of Trade $12.7M $154.7M $ 183.6M
2018-11-30 03:00 PM Balance of Trade $12.7M $ 18.3M

Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 12.70 154.70 296.60 -129.40 USD Million [+]
Exports 537.20 520.30 738.60 264.60 USD Million [+]
Imports 524.50 365.60 594.10 220.60 USD Million [+]
Current Account -103.00 -8.50 248.30 -227.90 USD Million [+]
Current Account to GDP -4.40 -15.70 53.23 -30.44 percent [+]
Gold Reserves 1.13 1.13 8.75 0.56 Tonnes [+]
Foreign Direct Investment 79.80 51.60 129.00 -83.20 Millions USD [+]
Crude Oil Production 17.00 17.00 17.00 5.00 BBL/D/1K [+]
Capital Flows 28.40 46.30 383.80 -168.20 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.70 154.70 296.60 -129.40 2006 - 2018 USD Million Quarterly

Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18