Suriname recorded a trade surplus of 97.40 USD Million in the third quarter of 2019. Balance of Trade in Suriname averaged 90.51 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 110.00 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 158.00 in 12 months time. In the long-term, the Suriname Balance of Trade is projected to trend around 198.10 USD Million in 2020, according to our econometric models.

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Suriname Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
97.40 32.50 296.60 -129.40 2006 - 2019 USD Million Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 08:00 PM Q4 $197.7M $97.8M $90M
2019-05-31 04:00 PM Q1 $148.2M $197M $150M
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 $97.4M $ 145M

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.

Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 97.40 32.50 296.60 -129.40 USD Million [+]
Current Account -101.60 -195.90 248.30 -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 14.00 14.00 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 [+]