Suriname recorded a trade surplus of 221 USD Million in the first quarter of 2020.

Balance of Trade in Suriname averaged 93.48 USD Million from 2006 until 2020, 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. 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 2020.

Balance of Trade in Suriname is expected to be 50.00 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 125.00 in 12 months time. In the long-term, the Suriname Balance of Trade is projected to trend around 158.00 USD Million in 2021 and 140.00 USD Million in 2022, according to our econometric models.

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Suriname Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
221.00 127.40 296.60 -129.40 2006 - 2020 USD Million Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-09-02 12:00 PM Q2 $32.5M $148.4M $100M
2019-11-29 07:00 PM Q3 $97.4M $34.4M $70M
2020-02-28 08:00 PM Q4 $127.4M $97.4M $ 145M
2020-06-01 04:30 PM Q1 $221M $127.4M $ 110M
2020-09-02 12:00 PM Q2 $221M $ 50M
2020-11-30 07:00 PM Q3 $ 50M

Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 221.00 127.40 296.60 -129.40 USD Million [+]
Current Account 39.00 -101.20 248.30 -225.10 USD Million [+]
Current Account to GDP -6.10 -2.90 53.23 -30.44 percent [+]
Imports 405.30 448.60 594.10 220.60 USD Million [+]
Exports 626.30 576.00 738.60 264.60 USD Million [+]
Gold Reserves 1.70 1.30 8.80 0.60 Tonnes [+]
Crude Oil Production 14.00 14.00 17.00 5.00 BBL/D/1K [+]
Foreign Direct Investment -49.00 -69.20 129.00 -83.20 Millions USD [+]
Capital Flows -63.10 186.90 383.80 -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.