72772 v2 World Trade Indicators 2009/10 Suriname: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $2,881 $5,593 .. .. 1978 1995 2 2 TRADE PERFORMANCE‡ Suriname LAC Ranking Decile Upper mid TRADE POLICY (TP) (out of 125) .. .. inc EXTERNAL ENVIRONMENT (EE) (out of 125) .. .. INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 155 9 TRADE FACILITATION (TF) (out of 155) .. .. TRADE OUTCOME (TO) (out of 157) .. .. Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) .. .. .. TTRI (applied tariff including preferences) .. .. .. MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. .. .. MFN applied tariff - simple avg (%) 19.9 17.5 10.5 10.0 TTRI (MFN) Dispersion (coefficient of variation) 0.6 0.9 0.9 0.9 Maximum rate (excl. alcohol and tobacco) .. .. 50.0 50.0 Agriculture - simple avg (%) 23.7 23.7 17.5 17.0 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) 18.8 14.4 9.3 8.9 MFN applied tariff - trade weighted avg (%) 15.9 12.9 12.8 12.6 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) 15.9 12.9 12.6 12.6 Agriculture 21.1 21.3 23.4 23.9 Import duties Nonagriculture 14.2 9.5 10.2 10.1 Applied tariff (incl. prefs.) - production weighted avg (%) .. .. .. 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) .. -3.8 -2.3 Suriname LAC Upper mid inc Agriculture .. .. 1.8 2.5 Nonagriculture .. .. -2.6 -0.3 Import duties (% of imports) .. .. .. .. Tariff overhang (MFN bound minus MFN applied rate,%) -1.8 0.8 4.9 5.2 GATS commit. Bound tariff frequency ratio (% of total lines) 29.3 29.3 26.3 26.3 index Non-ad valorem tariff frequency ratio (%) 56.2 74.8 0.0 0.0 Non-tariff measures frequency ratio (%) .. .. .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 Suriname LAC Upper mid inc Overall GATS commitment index (0-100, best) .. 4.84 4.84 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) .. .. MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) .. .. ROW applied tariff (incl. prefs.) - trade weighted avg (%) 4.9 2.4 0.6 0.1 ROW applied(wgt avg) Agriculture 47.2 22.7 9.1 3.2 Nonagriculture 0.7 0.9 0.2 0.0 MFN zero duty exports (%) MFN zero-duty exports (% of total exports) 43.0 65.5 79.2 80.6 * Exports to FTA / CU partners (% of total exports) 0.0 .. 77.7 77.7 Suriname 0 LAC Upper mid inc 1 Anti-dumping initiations faced 0.0 0.0 0.0 0.0 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) .. .. .. .. All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 141 148 155 Ease of Starting a business (rank) .. 165 172 171 Doing 160 Business Enforcing contracts (rank) .. 177 178 178 Rank Closing a business (rank) .. 148 149 149 80 World Governance Indicators (WGI) 2005 2006 2007 2008 Suriname Regulatory Quality (-2.5 to +2.5, best) -0.50 -0.40 -0.40 -0.67 LAC Rule of Law (-2.5 to +2.5, best) -0.21 -0.25 -0.24 -0.33 Upper mid inc 0 Control of Corruption (-2.5 to +2.5, best) 0.07 -0.21 -0.25 -0.09 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. .. .. Efficiency of customs and other border procedures .. .. .. .. Quality of transport and IT infrastructure .. .. .. .. Logistics Performance Ease of arranging competitively-priced shipments .. .. .. .. Index Logistics competence .. .. .. .. Ability to track and trace shipments .. .. .. .. 0 2 4 Timeliness of shipments .. .. .. .. Suriname LAC Upper mid inc Trading Across Borders (Doing Business, rank out of 183) 101 101 No. of documents required for export .. .. 8 8 200 No. of days required to export .. .. 25 25 160 Cost to export (US$ per container) .. .. 928 975 120 No. of documents required for import .. .. 7 7 80 No. of days required to import .. .. 25 25 40 Cost to import (US$ per container) .. .. 838 885 0 Telephones (fixed + mobile) per 100 people 15.3 41.8 71.1 79.5 * Trading Across Borders Rank Internet users per 100 people 1.0 4.1 7.5 8.6 * Suriname LAC Upper mid inc Export credit insured exposures - short term (% of goods export) .. 7.7 .. TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## .. .. .. .. Real Trade Growth Rate 9 Exports .. .. .. .. 8 8.2 7.8 7.5 7 Imports .. .. .. .. 6 6.5 5.8 6.4 5 5.0 Goods .. .. .. .. 4 3.7 Services .. .. .. .. 3 2 Nominal growth in trade of goods and services (%) 6.9 19.8 19.8 15.5 1 0 0.0 0.0 0.0 0.0 Exports 4.4 20.6 22.2 13.9 1995-99 2000-04 2005-07 2008 Imports 10.4 19.4 17.6 17.2 Suriname LAC Trade integration (trade as % of GDP) 116.3 108.1 140.5 128.1 Upper mid inc Goods balance (% GDP) 4.7 9.0 5.3 7.2 Export Composition (2005-08) Food balance (% GDP) 0.0 -3.3 -2.9 -2.9 Services balance (% GDP) -9.6 -12.0 -4.3 -3.0 Transport , 2.7 Travel , 4.7 Goods share of total exports (%) 81.0 86.8 84.6 84.7 Oth com ser, 6.3 Services share of total exports (%) 19.0 13.2 15.4 15.3 Goods exports as a share of world goods exports (rank)** 137 139 130 130 Services exports as share of world services exports (rank)** 146 161 147 142 Foreign Direct Investment (FDI) inflows (% of GDP) -1.5 -7.1 -6.1 -8.1 Total remittances inflows (% GDP) 0.2 1.3 1.5 0.1 Export product concentration index (0-100, most) 61.8 71.3 54.8 55.2 * Merchand Export market concentration index (0-100, most) 41.0 41.5 34.6 37.1 ise, 84.6 Top 5 export markets (shares) Canada (36%), Belgium (13%), Norway (12%), United Arab Emirates (9%), USA (8%) Top 5 import markets (shares) USA (31%), Netherlands (15%), Trinidad and Tobago (14%), China, People's Rep. of (8%), Japan (6%) Top 5 export products (SITC 3 digit-shares) 285-Alumina (56%), 971-Gold (27%), 36-Crustaceans (3%), 515-Oganic chem (3%), 57-Fruit and nuts (2%) Top 5 import products (SITC 3 digit-shares) 334-Hvy petrol. (19%), 782-Goods/serv vehic (7%), 781-Cars (5%), 723-Civil engine plnt (4%), 642-Cut paper artcls (3%) ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.