Panama (PAN) and Haiti (HTI) Trade | The Observatory of Economic Complexity

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Panama-Haiti Trade: In 2022, Panama exported $1.58M to Haiti. The main products that Panama exported to Haiti were Cement ($1.51M), Salt ($31.1k), and Iron Structures ($23.4k). Over the past 5 years the exports of Panama to Haiti have decreased at an annualized rate of 53.3%, from $71M in 2017 to $1.58M in 2022.

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

Haiti-Panama Trade: In 2022, Haiti exported $7.31k to Panama. The main products that Haiti exported to Panama were Fruit Juice ($7.31k). Over the past 5 years the exports of Haiti to Panama have decreased at an annualized rate of 44.8%, from $143k in 2017 to $7.31k in 2022.

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

Comparison In 2022, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). That same year, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Panama exported $1.58M to Haiti. The main products exported from Panama to Haiti were Cement ($1.51M), Salt ($31.1k), and Iron Structures ($23.4k). During the last 5 years the exports of Panama to Haiti have decreased at an annualized rate of 53.3%, from $71M in 2017 to $1.58M in 2022.

In 2017, Haiti exported $7.31k to Panama. The main products exported from Haiti to Panama were Fruit Juice ($7.31k). During the last 5 years the exports of Haiti to Panama have decreased at an annualized rate of 44.8%, from $143k in 2022 to $7.31k in 2017.

Exports from Panama () to Haiti () (2022)

Exports from Haiti () to Panama () (2022)

Latest Data

Trade between Panama () and Haiti ()

Panama Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Panama
Top DestinationChina$1.14B

Haiti
Top DestinationUnited States$1.08B

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

In 2022, countries that imported more from Panama than Haiti included China ($1.14B), Japan ($785M), and South Korea ($539M).

In 2022, countries that imported more from Haiti than Panama included United States ($1.08B), France ($15.9M), and Senegal ($865k).

Difference in imports from Haiti () and Panama () (2022)

Comparative Advantage Panama - Haiti

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Panama had a large net trade with Haiti in the exports of Mineral Products ($1.54M), Metals ($23.4k), and Paper Goods ($14.6k).

During 2017, Haiti had a large net trade with Panama in the exports of Foodstuffs ($7.31k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Panama Haiti+$15.5kIron Structures

Top Product Potential Haiti Panama+$3.79kKnit T-shirts

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Panama () to Haiti () (2022)

Exports from Haiti () to Panama () (2022)

Latest Data

Trade between Panama () and Haiti ()

Panama Exports

Market Competitiveness

Difference in imports from Haiti () and Panama () (2022)

Comparative Advantage Panama - Haiti

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Panama () and Haiti () (2022)

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