Suriname heavily relies on imports to meet its domestic needs and support its economy. The major imports of Suriname include machinery and mechanical appliances, electrical machinery and equipment, mineral fuels and oils, vehicles and automotive parts, iron and steel, pharmaceuticals, plastics and plastic articles, agricultural products, chemical products, and textiles and clothing. The primary trading partners vary across different categories, with key partners including the United States, China, the Netherlands, Trinidad and Tobago, India, and Belgium. Understanding these import trends and trading partnerships is crucial for analyzing Suriname's economic landscape, identifying areas of collaboration, and formulating effective trade policies.
Machinery and Mechanical Appliances:
Machinery and mechanical appliances hold the top position in Suriname's imports by volume. The import value for this category is substantial, reaching approximately $700 million. Suriname imports machinery used in various sectors, including construction, mining, and manufacturing. The primary trading partners for machinery and mechanical appliances are the United States, China, and the Netherlands.
Electrical Machinery and Equipment:
Electrical machinery and equipment are crucial for Suriname's infrastructure and technological advancements. The import value for this category is notable, reaching around $600 million. Suriname relies on imports for electrical appliances, telecommunications equipment, and electronic components. The primary trading partners for electrical machinery and equipment are the United States, China, and the Netherlands.
Mineral Fuels and Oils:
Mineral fuels and oils play a vital role in Suriname's energy sector. The import value for this category is significant, reaching approximately $400 million. Suriname imports petroleum products, including gasoline, diesel fuel, and other refined petroleum products. The primary trading partners for mineral fuels and oils are the United States, Trinidad and Tobago, and Russia.
Vehicles and Automotive Parts:
Suriname imports a significant volume of vehicles and automotive parts to meet transportation needs. The import value for this category is notable, reaching around $300 million. Suriname imports cars, trucks, motorcycles, and their respective parts. The primary trading partners for vehicle and automotive parts imports are the United States, Japan, and China.
Iron and Steel:
Imported iron and steel are essential for Suriname's construction and manufacturing sectors. The import value for this category is substantial, reaching approximately $200 million. Suriname relies on imports for steel structures, reinforcement bars, and other steel products. The primary trading partners for iron and steel imports are the Netherlands, China, and Brazil.
Pharmaceuticals:
Pharmaceutical products are critical for Suriname's healthcare sector. The import value for this category is significant, reaching around $150 million. Suriname heavily relies on imports to meet its pharmaceutical needs and ensure quality healthcare services. The primary trading partners for pharmaceutical imports are the Netherlands, India, and Belgium.
Plastics and Plastic Articles:
Suriname imports a considerable volume of plastics and plastic articles for various industries. The import value for this category is notable, reaching approximately $100 million. Suriname relies on imports for plastic packaging materials, plastic containers, and other plastic products. The primary trading partners for plastics and plastic articles are the United States, China, and the Netherlands.
Agricultural Products:
Suriname imports a range of agricultural products to supplement its domestic production. The import value for this category is substantial, reaching around $80 million. Suriname imports items such as rice, wheat, sugar, and other foodstuffs. The primary trading partners for agricultural products are the United States, Guyana, and the Netherlands.
Chemical Products:
Chemical products are essential for various sectors, including manufacturing and agriculture. The import value for this category is notable, reaching approximately $70 million. Suriname imports chemicals such as fertilizers, pesticides, and other chemical compounds. The primary trading partners for chemical products are the United States, the Netherlands, and China.
Textiles and Clothing:
Suriname imports a significant volume of textiles and clothing to meet the demand for apparel and fashion products. The import value for this category is around $60 million. Suriname relies on imports for clothing, fabrics, and textile products. The primary trading partners for textiles and clothing are the United States, China, and the Netherlands.