2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$19.9BCURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP GROWTH
33.2%CURRENT US$
Rnk 107 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 163 / 196
2013-2023
Flag
GDP PC GROWTH
17%CURRENT US$
Rnk 112 / 195

About

India-Haiti Trade: In 2023, India exported $110M to Haiti. The main products that India exported to Haiti were Packaged Medicaments ($24.9M), Polyacetals ($16.2M), and Hard Liquor ($9.93M). Over the past 5 years the exports of India to Haiti have increased at an annualized rate of 6.04%, from $81.8M in 2018 to $110M in 2023.

In 2023, India did not export any services to Haiti.

Haiti-India Trade: In 2023, Haiti exported $16.4M to India. The main products that Haiti exported to India were Industrial Fatty Acids, Oils and Alcohols ($10.4M), Scrap Iron ($2.69M), and Essential Oils ($2.02M). Over the past 5 years the exports of Haiti to India have increased at an annualized rate of 7.5%,  from $11.5M in 2018 to $16.4M in 2023.

In 2023, Haiti did not export any services to India.

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Haiti ranked 162 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $110M to Haiti. The main products exported from India to Haiti were Packaged Medicaments ($24.9M), Polyacetals ($16.2M), and Hard Liquor ($9.93M). During the last 5 years the exports of India to Haiti have increased at an annualized rate of 6.04%, from $81.8M in 2018 to $110M in 2023.

In 2018, Haiti exported $16.4M to India. The main products exported from Haiti to India were Industrial Fatty Acids, Oils and Alcohols ($10.4M), Scrap Iron ($2.69M), and Essential Oils ($2.02M). During the last 5 years the exports of Haiti to India have increased at an annualized rate of 7.5%, from $11.5M in 2023 to $16.4M in 2018.

Exports from India (Flag) to Haiti (Flag) (2023)

Exports from Haiti (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Haiti
Top Destination
United States$844M

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

In 2023, countries that imported more from India than Haiti included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Haiti than from India.

Difference in imports from Haiti (Flag) and India (Flag) (2023)

Comparative Advantage India - Haiti

Flow
Scale

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

During 2023, India had a large net trade with Haiti in the exports of Chemical Products ($39M), Foodstuffs ($24.4M), and Plastics and Rubbers ($24.3M).

During 2018, Haiti had a large net trade with India in the exports of Chemical Products ($12.5M), Metals ($3.95M), and Textiles ($11.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Haiti+$3.51MPackaged Medicaments
Top Product Potential Haiti India+$1.42MScrap Aluminium

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 India and Haiti. This means that a dot/product with the flag of India indicates it has a comparative advantage over Haiti. Similarly, a dot/product with the flag of Haiti indicates it has a comparative advantage over India.

Product Space of India (Flag) and Haiti (Flag) (2023)

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