Suriname - Agricultural Sectors (2024)

In 2019, the agriculture sector contributed 5.8 percent to Suriname’s GDP. The Government of Suriname has designated the agricultural sector as priority area. The potential for agricultural development remains strong, with 1.5 million hectares considered suitable for agricultural production. However, only an estimated 120,000 hectares are currently being used. The sector is divided into three main areas: agriculture, livestock, and fisheries.

The main agricultural exports are rice, shrimp, fish, shellfish, and bananas. Suriname exports wild harvested shrimp. The Southern Pink Shrimp is primarily exported to Japan, while the Seabob Shrimp goes to the United States and Europe.  Two small-scale aquaculture enterprises farm in the Commewijne district, east of Paramaribo.

The export value of fish and shrimp in 2021 amounted to $30.1 million.  The United States certified Suriname as a Turtle Exclusionary Device (TEDS)-compliant country.

Opportunities exist for “fresh catch” seafood and aquaculture. Many fish species in Suriname’s coastal waters, including Red Snapper, Mackerel, Wahoo and Yellow Fin Tuna, are exported to the United States.

Suriname’s abundant rainforest contains valuable hardwood tree species.  A sizeable portion of production remains in the local market as the industry has been unable to compete in quantity, quality, or price with large logging companies in the region.  First Timber N.V. and Houtexploitatie en Verwerkings Onderneming Soekhoe & Zn N.V. are the largest timber-exporting companies in Suriname.  In 2021, the total export value of timber was U$ 67.01 million, and Suriname exported hardwoods to Europe, Asia, and the Caribbean region, with Asia (97 percent) representing the largest market.

Agricultural development and attracting investors in agriculture are Surinamese Government priorities.

Suriname - Agricultural Sectors (2024)

FAQs

What is the agriculture sector of Suriname? ›

In 2019, the agriculture sector contributed 5.8 percent to Suriname's GDP. The Government of Suriname has designated the agricultural sector as priority area. The potential for agricultural development remains strong, with 1.5 million hectares considered suitable for agricultural production.

Which country has the largest agricultural sector? ›

Largest Agricultural Producing Country in the World – China
  • China is a top producer of staple crops like rice, wheat, and corn. ...
  • China has 7% of arable land yet feeds 22% of the world's population. ...
  • China has a large cattle sector, with pork being the most popular meat.
Feb 22, 2024

What crops are grown in Suriname? ›

Crops cultivated in Suriname include rice, bananas, palm kernels, coconuts, peanuts, plantains, cassava and citrus fruits.

What are the main industries in Suriname? ›

Suriname: Economy
Economic TriviaThe main support of Suriname's economy comes from exporting aluminum oxide and aluminum.
Top IndustriesBauxite and Gold Mining; Alumina Production; Oil; Lumbering
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What are the 5 sectors of agriculture? ›

Sectors related to agriculture include food and beverage manufacturing; food and beverage stores; food services and eating/drinking places; textiles, apparel, and leather products; and forestry and fishing.

What are the biggest agriculture sectors? ›

The top three agricultural commodities produced nationally ranked by export value in 2018-19 were: Cattle and calves ($9.485 billion), Wool ($4.159 billion) and Wheat ($3.676 billion). Out of the $62.2 billion worth of food and fibre Australian farmers produced in 2018-19, 79 per cent ($49.2 billion) was exported.

What are the top 5 agriculture countries? ›

These countries, led by China, India, the United States, Brazil, and Russia, are pivotal in shaping the global agricultural landscape and meeting the ever-growing demand for agricultural products.

Who is the No 1 country in farming? ›

China is the world's largest grain producer, yet has grown more dependent on food imports in recent decades. Much of India's output is produced by subsistence farmers and consumed locally. The U.S. is the world's top food exporter thanks to high crop yields and extensive agricultural infrastructure.

Which country is lowest in agriculture? ›

Which country is not farming? According to a recent World Bank report, the countries with the smallest percentages of land used for agriculture today include Suriname, Greenland, Singapore, the Bahamas, the Seychelles, and Norway.

What is Suriname known for producing? ›

Some rice is exported, as are bananas, citrus fruits, coconuts, and palm oil. Sugar, coffee, and cocoa, formerly important export items, are produced mainly for domestic consumption. Because more than nine-tenths of Suriname is forested, great timber resources exist, but they have not been fully exploited.

What does Suriname export? ›

Exports. Suriname runs trade surpluses due to exports of bauxite. Suriname's top exports are gold, precious metal scraps, refined petroleum, rough wood and bananas. Our main trading partner is the United States (23 percent of total exports and 26 percent of imports).

Where does Suriname food come from? ›

Surinamese cuisine is extensive, since the population of Suriname came from many countries. Surinamese cuisine is a combination of many international cuisines including Indian / South Asian, West African, Creole, Indonesian (Javanese), Chinese, Dutch, British, French, Jewish, Portuguese, and Amerindian cuisines.

Is Suriname economy growing? ›

The country started seeing a moderate economic recovery in 2022 with real GDP expanding by 2.4 percent.

Why is Suriname special? ›

Suriname's diverse cultural heritage is one of its major attractions. The country is home to several different ethnic groups, including Creole, East Indian, Javanese, Maroon, and indigenous peoples, and visitors can experience the diverse cultures through food, music, dance, and festivals.

What is unique about Suriname? ›

Suriname is one of the most ethnically diverse countries in the Americas. Most of its people are descended from African slaves and Indian and Javanese indentured labourers brought over by the Dutch to work in agriculture.

What is the agriculture industry sector? ›

The Agriculture, Forestry, Fishing and Hunting sector comprises establishments primarily engaged in growing crops, raising animals, harvesting timber, and harvesting fish and other animals from a farm, ranch, or their natural habitats.

What are the sectors of the agriculture industry? ›

Sectors related to agriculture include food and beverage manufacturing; food and beverage stores; food services and eating/drinking places; textiles, apparel, and leather products; and forestry and fishing.

What sector of the economy is agriculture? ›

Primary sector companies are directly engaged in activities utilizing natural resources, such as mining and agriculture. Secondary sector companies produce goods derived from the products within the primary sector and include manufacturing.

What are the economic sectors of agriculture? ›

Agricultural economics plays a role in the economics of development, for a continuous level of farm surplus is one of the wellsprings of technological and commercial growth. In general, one can say that when a large fraction of a country's population depends on agriculture for its livelihood, average incomes are low.

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