← Country Risk Profiles
5.0

weighted score 5.0 · nine dimensions

Country Risk Profile

Suriname

Sourcing risk, regulatory exposure and audit intelligence for Suriname-origin supply chains.

Forced & child labour

4

Child labour documented in artisanal gold mining in the interior. Formal sectors (oil, bauxite) have lower risk. Mercury exposure in ASGM is a hazardous labour concern.

Worker rights & FOA

4

Freedom of association permitted. Trade unions operate. Dutch legal heritage provides framework for worker protections. Enforcement weaker in informal mining sector.

OHS & audit transparency

5

Formal mining and oil sectors have reasonable OHS standards. Artisanal gold mining has poor OHS conditions. Mercury use creates serious occupational health risks.

Food & product safety

4

Limited food export base. Rice and fisheries exports have acceptable safety standards. No major RASFF alerts. Small market limits EU food safety interactions.

Environmental & regulatory

5

Over 90% forest cover but deforestation from gold mining is increasing. Mercury contamination of waterways. EUDR exposure through forest-risk commodities. Oil sector will add environmental regulatory demands.

Governance & anti-corruption

7

TI CPI 38. Over $300M lost to gold mining irregularities. Former president convicted of drug trafficking. IMF programme broadly achieved but corruption risks persist.

Tariff & preferential access

5

EU-CARIFORUM EPA provides preferential access. Terms are moderate. Oil exports when operational will trade under different tariff frameworks.

Non-tariff barriers

5

Limited non-tariff barriers for current exports. Emerging oil sector will face EU regulatory requirements including CBAM considerations for energy-intensive processing.

Supply chain traceability

6

Formal bauxite and future oil sectors have reasonable traceability. Artisanal gold mining traceability is very weak. Forest product supply chains lack robust certification.

Labour & Governance

Labour & Governance

Gold mining labour
Artisanal and small-scale gold mining (ASGM) in Suriname's interior involves documented child labour and hazardous working conditions. Mercury use in gold processing creates both OHS and environmental risks.
Governance
TI CPI 2025: 38 — below the 40 threshold. Over $300M lost to irregularities in the gold mining sector. Former president Desi Bouterse convicted of drug trafficking. Institutional capacity improving under IMF programme but corruption risks remain.
Dutch legal heritage
Suriname's legal system is based on Dutch civil law, providing a relatively structured regulatory framework. However, enforcement capacity in the interior (where mining occurs) is limited.

Trade Access & Regulatory

Trade Access & Regulatory

EU-CARIFORUM EPA
Suriname benefits from the EU-CARIFORUM Economic Partnership Agreement, providing preferential tariff access for eligible exports. Tariff score of 5 reflects moderate preferential terms.
EUDR exposure
Gold mining and forestry activities create potential EUDR exposure. Suriname has over 90% forest cover — one of the highest globally — but deforestation from mining is a growing concern.
Offshore oil
Eight offshore oil discoveries since 2020 with first production expected in 2028. This will transform Suriname's export profile and regulatory landscape, with projected revenues of $7 billion in the first five years.