Exporting guide to Suriname

Overview

Suriname is a coastal country and is located in South America. It borders on Guyana, French Guiana and Brazil, making it a good gateway. In the year ended June 2019, total UK exports to Suriname amounted to £14 million (IMF, 2019).

Growing import market

Suriname is expected to see a growth in imports of 10.7% in 2019 and 12.5% the following year, with consistent growth expected to follow (IMF, 2019). This highlights a growing demand for imported goods in Suriname, which UK businesses could benefit from.

Demand for goods and services

In the year to June 2019, the top goods exported from the UK to Suriname were beverages, dyeing, tanning and colouring materials, industrial machinery, mechanical power generators and electrical goods (ONS, 2019). In terms of services, the top services imported by Suriname from the world were business services, travel, transport, construction and maintenance and repair services (ITC Trade Map, 2019). Therefore, if you operate in any of these industries, Suriname could be a good market for you.

Boats docked at a harbour in Suriname

Suriname: at a glance

Currency

Surinamese dollar

Business languages

Dutch, English

You may need a translator

GDP per capita

$4,620

UK is $46,200 (IMF, 2021, projected figures)

Economic growth

0.7%

(IMF, 2021, projected figure)

Time zone

GMT -3

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Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.