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2021
Flag → Flag
Exports $40.6kRnk 77 / 0
2021
Flag → Flag
Exports $40.6kRnk 77 / 112
2021
Flag → Flag
Top Product $4.16kNon-Knit Active Wear
2022
Flag  
GDP$41.2BCURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP GROWTH46.1%CURRENT US$
Rnk 74 / 186
2022
Flag
 GDP$20.3BCURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP GROWTH47.7%CURRENT US$
Rnk 69 / 186
2022
Flag
GDP PC $21,851CURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP PC GROWTH57.8%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC$1,748CURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP PC GROWTH28.9%CURRENT US$
Rnk 67 / 186

About

Latvia-Haiti Trade: In 2021, Latvia exported $40.6k to Haiti. The main products that Latvia exported to Haiti were N/A. Over the past 5 years the exports of Latvia to Haiti have decreased at an annualized rate of 3.06%, from $47.4k in 2016 to $40.6k in 2021.

In 2021, Latvia did not export any services to Haiti.

Haiti-Latvia In N/A, Haiti did not export any products to Latvia.

In 2021, Haiti did not export any services to Latvia.

Comparison In 2022,  Latvia ranked 75 in total exports ($22.9B). That same year, Haiti ranked 156 in total exports ($1.28B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Latvia exported $40.6k to Haiti. There were not main exports from Latvia to Haiti in 2021. During the last 5 years the exports of Latvia to Haiti have decreased at an annualized rate of 3.06%, from $47.4k in 2016 to $40.6k in 2021.

Haiti does not register exports to Latvia. The main products exported from Haiti to Latvia were Non-Knit Active Wear ($4.16k), Knit T-shirts ($373), and Motor vehicles; parts and accessories (8701 to 8705) ($133).

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

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

Latest Data

Trade between Latvia (Flag) and Haiti (Flag)

Latvia Exports

Market Competitiveness

Color
Latvia
Top DestinationLithuania$4.09B
Haiti
Top DestinationUnited States$1.08B

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

In 2022, countries that imported more from Latvia than Haiti included Lithuania ($4.09B), Estonia ($2.26B), and Germany ($1.44B).

In 2022, countries that imported more from Haiti than Latvia included United States ($1.08B), Mexico ($29.4M), and Dominican Republic ($11.9M).

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

Comparative Advantage Latvia - Haiti

Flow
Scale

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

During 2021, Latvia had a large net trade with Haiti in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Latvia Haiti+$2.54kRefined Petroleum
Top Product Potential Haiti Latvia+$11.6kNon-Knit Active Wear

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

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

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