Key Market Indicators
Suriname's import of electrical equipment is projected to decline significantly over the next five years. By 2028, imports are expected to reach approximately $31 million, down from around $42 million in 2023. This represents an average annual decrease of 4.6%. The demand for electrical equipment in Suriname has been on a downward trend since 1999, with a yearly decline of 4.8%. On the export front, Suriname saw a notable increase in 2018. Electrical equipment exports rose to roughly $403,000, up from about $305,000 in 2017. This marks a 32.3% increase compared to the previous year. However, despite this recent uptick, the long-term trend for Surinamese electrical equipment exports has been negative since 1999, with an average annual decline of 35.5%.
