Flag India / Haiti Flag

Exports FlagFlag  (2018): $81.8M, Rnk 133 / 211

Top Product FlagFlag (2018): $16.5M, Packaged Medicaments

Exports FlagFlag (2018): $10.6M, Rnk 5 / 87

Top Product FlagFlag (2018): $5.99M, Industrial Fatty Acids, Oils and Alcohols

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

Economic Complexity of Flag (2018): ECI -1.52, Rnk 130 / 137

India-Haiti: In 2018, India exported $81.8M to Haiti. The main products exported from India to Haiti were Packaged Medicaments ($16.5M), Baked Goods ($8.78M), and Polyacetals ($6.55M). During the last 23 years the exports of India to Haiti have increased at an annualized rate of 19.8%, from $1.29M in 1995 to $81.8M in 2018.

Haiti-India: In 2018, Haiti exported $10.6M to India. The main products exported from Haiti to India were Industrial Fatty Acids, Oils and Alcohols ($5.99M), Scrap Lead ($1.45M), and Essential Oils ($1.12M). During the last 22 years the exports of Haiti to India have increased at an annualized rate of 37.5%, from $7.02k in 1996 to $10.6M in 2018.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). That same year, Haiti ranked 130 in the Economic Complexity Index (ECI -1.52), and 144 in total exports ($1.21B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, India exported $81.8M to Haiti. The main products exported from India to Haiti were Packaged Medicaments ($16.5M), Baked Goods ($8.78M), and Polyacetals ($6.55M). During the last 23 years the exports of India to Haiti have increased at an annualized rate of 19.8%, from $1.29M in 1995 to $81.8M in 2018.

In 2018, Haiti exported $10.6M to India. The main products exported from Haiti to India were Industrial Fatty Acids, Oils and Alcohols ($5.99M), Scrap Lead ($1.45M), and Essential Oils ($1.12M). During the last 22 years the exports of Haiti to India have increased at an annualized rate of 37.5%, from $7.02k in 1996 to $10.6M in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Haiti
Top Destination
: United States, $1B

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 2018, countries that imported more from India than Haiti were United States ($52B), United Arab Emirates ($27.1B), and China ($16.6B).

In 2018, no countries were registered that imported more from Haiti than from India.

Comparative Advantage India - Haiti

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Depth

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

During 2018, India had a large net trade with Haiti in the exports of Chemical Products ($28.2M), Foodstuffs ($14.4M), and Plastics and Rubbers ($13.5M).

During 2018, Haiti had a large net trade with India in the exports of Chemical Products ($7.19M), Metals ($2.68M), and Foodstuffs ($387k).

Tariff Section

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This sections shows import tariffs for products traded between India and Haiti (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Haiti were Grape wines, sparkling (150%) and Grape wines nes, fortified wine or must, pack < 2l (150%).

In 2016, the products from Haiti that paid the highest import tariffs to enter India were Guavas, mangoes and mangosteens, fresh or dried (40%) and Rum and tafia (40%).

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*The tariffs present between India and Haiti are:
136: Most Favoured Nation duty rate treatement
254: Preferential tariff for Least Developed Countries
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Trade Forecasts

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This section shows a forecast for total trade between India and Haiti. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more India has comparative advantage over Haiti. Similarly, the more red a dot/product is, the more Haiti has comparative advantage over India.