Haiti (HTI) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Haiti-Armenia Trade: In 2022, Haiti exported $402 to Armenia. The main products that Haiti exported to Armenia were Knit T-shirts ($256), Essential Oils ($135), and Non-Knit Men's Suits ($11). Over the past 5 years the exports of Haiti to Armenia have decreased at an annualized rate of 22.2%, from $1.41k in 2017 to $402 in 2022.

In 2022, Haiti did not export any services to Armenia.

Armenia-Haiti In false, Armenia did not export any products to Haiti.

In 2022, Armenia did not export any services to Haiti.

Comparison In 2022, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Haiti exported $402 to Armenia. The main products exported from Haiti to Armenia were Knit T-shirts ($256), Essential Oils ($135), and Non-Knit Men's Suits ($11). During the last 5 years the exports of Haiti to Armenia have decreased at an annualized rate of 22.2%, from $1.41k in 2017 to $402 in 2022.

Armenia does not register exports to Haiti.

Exports from Haiti () to Armenia () (2022)

Exports from Armenia () to Haiti () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Haiti
Top DestinationUnited States$1.08B

Armenia
Top DestinationRussia$2.36B

This map shows whether countries import more from Haiti or Armenia. Each country is colored based on the difference in imports they receive from Haiti and Armenia or the difference in the growth in imports.

In 2022, countries that imported more from Haiti than Armenia included United States ($1.08B), Canada ($51M), and Mexico ($29.4M).

In 2022, countries that imported more from Armenia than Haiti included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia () and Haiti () (2022)

Comparative Advantage Haiti - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Haiti and Armenia by product, considering products traded by both, Haiti and Armenia.

During 2022, Haiti had a large net trade with Armenia in the exports of Textiles ($267) and Chemical Products ($135).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Haiti Armenia+$4.21kKnit T-shirts

Top Product Potential Armenia Haiti+$1.66kCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Haiti and Armenia. This means that a dot/product with the flag of Haiti indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Haiti.

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Historical Data

Bilateral Trade by Products

Exports from Haiti () to Armenia () (2022)

Exports from Armenia () to Haiti () (2022)

Market Competitiveness

Difference in imports from Armenia () and Haiti () (2022)

Comparative Advantage Haiti - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Haiti () and Armenia () (2022)

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