Barbados to Source Corn From Suriname

Suriname Corn | Suriname imported Wheat worth $3.64 million, becoming the 157th most significant importer of Wheat in the world in 2020. In the same year, Wheat was Suriname’s 70th most imported product. Suriname imports Wheat primarily from: Germany ($3.64 million) and the United States ($5.3k).

In terms of Corn, Suriname’s imported value was worth $1.03 million in 2020, becoming the 154th most significant importer of Corn in the world. The same year, Corn was the 203rd most imported product in Suriname. Suriname imports Corn primarily from: the United States ($863k) and France ($161k), and Guyana ($2.15k).

Soybeans import value was relatively low. In 2020, Suriname imported $60.4k in Soybeans, becoming the 130th most significant importer of Soybeans in the world. Suriname imports Soybeans primarily from: Canada ($41.8k) and China ($18.6k). In 2019, the average tariff for Suriname in Soybeans was 2.37%.

The Republic of Suriname is a country in northern South America with a population of 632,000. In 2018, the agriculture sector contributed 8 percent to Suriname’s GDP. The Government of Suriname has designated the agricultural sector as a 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 value for Grain production (metric tons) in Suriname was 274,001 as of 2018.

Barbados may be getting closer to using Suriname to help provide an essential supply of Corn to help the island’s farmers. That’s according to Agriculture Minister Indar Weir, who commented on a special meeting with Suriname’s Minister of Agriculture, Parmanand Sewdien, and his delegation. There is a list of Barbadian farmers who expressed interest in doing farm business in Suriname. Mr. Weir says further specifics have been discussed, and efforts are ongoing to source Corn from Suriname following an agreement signed between the two countries in July 2022.

China-Suriname Grain Technology Project

The China-aided agricultural technology assistance project in Suriname started construction in Salamaka on Nov 21 last year. Chinese Ambassador to Suriname Han Jing, Surinamese President Chandrikapersad Santokhi, the Suriname government officials, and representatives of China-funded institutions in Suriname attended the groundbreaking ceremony. Opening ceremony of the China-Aid Suriname Agricultural Technical Cooperation Center (Phase I) was held in Saramacca.

In his speech, Han said that China and Suriname had reached a high consensus on agricultural development and food security. Thanks to a series of Government policies in recent years, he said China had made significant progress in agricultural science and technology, with its Grain production achieving bumper harvests for 18 consecutive years. The importance of agriculture development is becoming increasingly prominent amid the severe and complex global food security situation, Han noted, saying that China has increased its assistance for Suriname in agriculture, meeting the latter’s current and future development needs.

China is willing to work together with Suriname to further promote practical cooperation in agriculture and various fields under the framework of the Belt and Road Initiative and the Global Development Initiative, Han added. Santokhi voiced appreciation for China’s assistance and stressed the critical role of agricultural science and technology in ensuring food security amid increasing risks in agricultural production caused by climate change. He spoke highly of China’s efforts in developing high-yield and high-quality farm produce and the China-Suriname agrarian cooperation. Noting that the leaders of the Caribbean Community agreed to reduce Grain imports by 25 percent by 2025, Santokhi said that the Surinamese side looks forward to improving agricultural techniques and developing agricultural chains with the help of China.

Other sources: CIDCA

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