Market research

Milk market in Suriname

Milk market in Suriname

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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Earlier Report Observations

The milk market in Suriname showed considerable variation in total volume between 2018 and 2023. After reaching a peak of 6 931 t in 2019, the market contracted over the next three years, falling to a low of 5 195 t in 2022. A strong rebound occurred in 2023, with market volume climbing to 6 128 t, recovering most of the previous losses.

This volatility was shaped by opposing movements in domestic production and imports. Local milk production declined from 3 500 t in 2018 to 2 501 t in 2021, before partially recovering to around 2 800 t. Imports, which constitute a large portion of supply, fluctuated more sharply, dropping from 3 933 t in 2019 to 2 387 t in 2022, which was the primary driver of the overall market contraction in that period.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Suriname
      1. 5.1.1. Annual dynamics of production in Suriname in kind, 2018-2023, t
      2. 5.1.2. Annual dynamics of production in Suriname in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Suriname in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Suriname by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Suriname in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Suriname by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Suriname, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Suriname by countries, 2018-2024, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Suriname in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Suriname by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Suriname in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Suriname by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Suriname, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Suriname by countries, 2018-2024, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Suriname in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Suriname by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Suriname in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Suriname by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Suriname, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Suriname by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Suriname in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Suriname by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Suriname in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Suriname by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Suriname, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Suriname by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production milk in Suriname

In kind, 2017-2020, t

Top producers of milk, 2017-2020

Source: SHEV.io

World map of production of milk, 2017-2020

Source: SHEV.io

Milk production in Suriname increased after a two-year decline. In 2020, the country produced 3 020 tonnes of milk, marking a modest year-over-year increase of 0.7%. Over the 2017-2020 period, however, production fell by 29.8%, with an average annual decline of 11.1%. The lowest production level was recorded in 2019 at 2 998 tonnes, while the sharpest drop occurred in 2018 with an 18.6% decrease.

Annual dynamics of production in Suriname in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(18.6%)(14.3%)0.7%(11.1%)
Source: SHEV.io

Exports milk from Suriname

Exports in kind, t

Annual dynamics of product's exports from Suriname in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

From 2017 to 2020, Guyana was the primary destination for Suriname's milk exports, consistently accounting for 91.2% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Suriname in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Suriname in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

During the 2017-2020 period, Suriname's milk exports were predominantly directed to Guyana, which represented 95.3% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Suriname in value, 2017-2020

Source: SHEV.io

Imports milk to Suriname

Imports in kind, t

Milk imports to Suriname declined after two years of growth. In 2020, imports totaled 3 558 tonnes, showing a moderate decrease of 9.5% compared to 2019. Over the 2017-2020 period, imports increased by 24.5%, with an average annual growth rate of 7.6%. The highest import volume was recorded in 2019 at 3 933 tonnes, while the largest year-over-year increase occurred in 2019 with a 23.0% rise.

Annual dynamics of product's imports to Suriname in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year11.9%23.0%(9.5%)7.6%
Source: SHEV.io

Between 2017 and 2020, three key markets—the Netherlands, Ireland, and Belgium—collectively supplied 74.5% of Suriname's total milk import volumes.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Suriname in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Milk imports to Suriname decreased after two years of expansion. In 2020, imports amounted to 8 099 thousand US dollars, down 5.2% from the previous year. From 2017 to 2020, imports grew by 24.7%, equivalent to an average annual increase of 7.6%. The peak import value was reached in 2019 at 8 545 thousand US dollars, while the most significant year-over-year growth occurred in 2018 with a 16.7% increase.

Annual dynamics of product's imports to Suriname in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year16.7%12.8%(5.2%)7.6%
Source: SHEV.io

From 2017 to 2020, the Netherlands (63.0% of import value), Ireland (13.5%), and Belgium (6.9%) remained the main suppliers of milk to Suriname, together accounting for 83.4% of total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Suriname in value, 2017-2020

Source: SHEV.io

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