2022
Flag  
GDP
$20.3BCURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP GROWTH
47.7%CURRENT US$
Rnk 69 / 186
2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC 
$1,748CURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP PC GROWTH
28.9%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Haiti-Finland Trade: In 2022, Haiti exported $142k to Finland. The main products that Haiti exported to Finland were Knit Sweaters ($59.2k), Knit T-shirts ($33.3k), and Citrus and Melon Peels ($31.7k). Over the past 5 years the exports of Haiti to Finland have decreased at an annualized rate of 2.24%, from $159k in 2017 to $142k in 2022.

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

Finland-Haiti Trade: In 2022, Finland exported $165k to Haiti. The main products that Finland exported to Haiti were Refrigerators ($68.6k), X-Ray Equipment ($58.8k), and Flavored Water ($27.8k). Over the past 5 years the exports of Finland to Haiti have decreased at an annualized rate of 10.2%,  from $282k in 2017 to $165k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Haiti exported $142k to Finland. The main products exported from Haiti to Finland were Knit Sweaters ($59.2k), Knit T-shirts ($33.3k), and Citrus and Melon Peels ($31.7k). During the last 5 years the exports of Haiti to Finland have decreased at an annualized rate of 2.24%, from $159k in 2017 to $142k in 2022.

In 2017, Finland exported $165k to Haiti. The main products exported from Finland to Haiti were Refrigerators ($68.6k), X-Ray Equipment ($58.8k), and Flavored Water ($27.8k). During the last 5 years the exports of Finland to Haiti have decreased at an annualized rate of 10.2%, from $282k in 2022 to $165k in 2017.

Exports from Haiti (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Haiti (Flag) (2022)

Latest Data

Trade between Haiti (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Haiti
Top Destination
United States$1.08B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Haiti than Finland included Jamaica ($4.19M).

In 2022, countries that imported more from Finland than Haiti included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

Difference in imports from Finland (Flag) and Haiti (Flag) (2022)

Comparative Advantage Haiti - Finland

Flow
Scale

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

During 2022, Haiti had a large net trade with Finland in the exports of Textiles ($107k), Vegetable Products ($31.7k), and Instruments ($1.9k).

During 2017, Finland had a large net trade with Haiti in the exports of Machines ($68.8k), Instruments ($58.8k), and Foodstuffs ($27.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Haiti Finland+$209kKnit Sweaters
Top Product Potential Finland Haiti+$32.7kRefrigerators

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

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

Product Space of Haiti (Flag) and Finland (Flag) (2022)

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