INTERNATIONAL

India-Suriname Economic and Commercial Relations

Key statistics (three years)
GDP – at current prices US$ 817.14 million
Population 481,000
Per Capita Income US$ 1,690

Total Imports & Exports

Year

Import

Export

2000

US$ 526,917,214

US$ 513,921,632

2001

US$ 456,488,199

US$ 399,222,671

2002

US$ 501,868,932

US$ 479,254,572

Trade statistics with India (past three years)

Year

Import from India

Export to India

2001

US$ 1,203,824

US$ 18,605

2002

US$ 1,884,935

US$ 2,463,562

2003

US$ 2,436,193

US$ 17,105,558

Focus products for promoting Indian exports –

Kitchenware; plastic, footwear, textiles & clothing; pharmaceuticals, automobile spare parts; bicycles & bicycle spare parts; light engineering goods, electrical supplies and consumer goods; sports goods, toiletries & cosmetics, cultural & religious artefacts; light industrial machinery e.g. for paper/packaging industry; machine tools.

Investments/Collaborations with India –

Under Indian Credit line Assistance programme:

[A] US$ 10 million credit line in 2003.

  • A 5.1 million credit line project for setting up/ renovation of nine pumping stations by Messrs. Kirloskar Brothers Ltd.
  • Setting up of US$ 2.6 million steel rolling mill by Messrs Aar Es Exim Pvt.
  • Ltd.
  • Supply of 14 heavy duty excavators by Messrs. Bharat Earth Movers Ltd. at approx. cost of US$ 1.7 million.
  • US$ 1.3 million likely to be used for supplying vehicles etc. to Suriname Defence authorities.

[B] Proposed credit line of US$ 16 million in 2004.

  • US$ 12.89 million for Electrical Transmission Line
  • US$ 3.1 million for sourcing Indian goods and services

Source: Indian High Commission, Suriname

 

 
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