2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 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 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 163 / 196
2013-2023
Flag
GDP PC GROWTH
17%CURRENT US$
Rnk 112 / 195

About

South Korea-Haiti Trade: In 2022, South Korea exported $60.5M to Haiti. The main products that South Korea exported to Haiti were N/A. Over the past 5 years the exports of South Korea to Haiti have decreased at an annualized rate of 4.01%, from $74.2M in 2017 to $60.5M in 2022.

In 2022, South Korea did not export any services to Haiti.

Haiti-South Korea Trade: In 2022, Haiti exported $2.74M to South Korea. The main products that Haiti exported to South Korea were N/A. Over the past 5 years the exports of Haiti to South Korea have increased at an annualized rate of 8.79%,  from $1.8M in 2017 to $2.74M in 2022.

In 2022, Haiti did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). 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 2022, South Korea exported $60.5M to Haiti. There were not main exports from South Korea to Haiti in 2022. During the last 5 years the exports of South Korea to Haiti have decreased at an annualized rate of 4.01%, from $74.2M in 2017 to $60.5M in 2022.

In 2017, Haiti exported $2.74M to South Korea. There were not main exports from Haiti to South Korea in 2017. During the last 5 years the exports of Haiti to South Korea have increased at an annualized rate of 8.79%, from $1.8M in 2022 to $2.74M in 2017.

Exports from South Korea (Flag) to Haiti (Flag) (2022)

Exports from Haiti (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
N/AN/A
Haiti
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Haiti (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Haiti

Flow
Scale

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

During 2022, South Korea had a large net trade with Haiti in the exports of .

During 2017, Haiti had a large net trade with South Korea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Haiti+$1.93MCars
Top Product Potential Haiti South Korea+$1.03MScrap Copper

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

Product Space of South Korea (Flag) and Haiti (Flag) (2022)

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