Exporting guide to Suriname
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.
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.
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.
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.
