Haiti
2020 Product Exports | Imports: $1.03B | $3.64B, 154 of 226 | 146 of 226
2020 Per Capita Product Exports | Imports: $90 | $319, 143 of 219 | 150 of 219
2019 Service Exports | Imports : $529M | $1.02B, 101 of 108 | 93 of 108
Overview In 2020 Haiti was the number 154 economy in the world in terms of total exports and the number 146 in total imports.
Exports The top exports of Haiti are Knit T-shirts ($373M), Knit Sweaters ($193M), Knit Women's Suits ($103M), Non-Knit Men's Suits ($33.7M), and Non-Knit Active Wear ($33.6M), exporting mostly to United States ($852M), Canada ($54.6M), Mexico ($24.2M), France ($12.4M), and India ($11.6M).
Imports The top imports of Haiti are Rice ($292M), Refined Petroleum ($224M), Light Rubberized Knitted Fabric ($154M), Palm Oil ($127M), and Other Cotton Fabrics ($98.6M), importing mostly from United States ($976M), Dominican Republic ($751M), China ($709M), Turkey ($164M), and Indonesia ($141M).
In 2020, Haiti was the world's biggest importer of Other Cotton Fabrics ($98.6M)
Location Haiti borders Dominican Republic by land and Bahamas, Colombia, Cuba, Jamaica, and Turks and Caicos Islands by sea.
Latest Trends
#permalink to sectionLatest Trade
#permalink to sectionThe following section uses the most recent trade data from partners of Haiti.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Latest Data
#permalink to sectionThe data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Historical Data
#permalink to sectionYearly Trade
#permalink to sectionTop Export (2020): Knit T-shirts, $373M
Top Destination (2020): United States, $976M
In 2020, Haiti exported a total of $1.03B, making it the number 154 exporter in the world. During the last five reported years the exports of Haiti have changed by -$121M from $1.15B in 2015 to $1.03B in 2020.
The most recent exports are led by Knit T-shirts ($373M), Knit Sweaters ($193M), Knit Women's Suits ($103M), Non-Knit Men's Suits ($33.7M), and Non-Knit Active Wear ($33.6M). The most common destination for the exports of Haiti are United States ($852M), Canada ($54.6M), Mexico ($24.2M), France ($12.4M), and India ($11.6M).
Market Growth
#permalink to sectionFastest Growing Export Markets (2019 - 2020)
- Dominican Republic, $1.84M (+ 52.3%)
- Thailand, $976k (+ 15%)
- Netherlands, $682k (+ 23%)
Service Trade
#permalink to sectionService Trade
#permalink to sectionHaiti Exports Services (2019): $529M
Haiti Imports Services (2019): $1.02B
In 2019, Haiti exported $529M worth of services. The top services exported by Haiti in 2019 were Personal travel ($450M), Government services, n.i.e. ($40.4M), Computer and information services ($21.2M), Financial services ($16.7M), and Personal, cultural, and recreational services ($240k).
The top services imported by Haiti in 2019 were Transportation ($653M), Personal travel ($217M), Other business services ($72.6M), Personal, cultural, and recreational services ($37M), and Computer and information services ($25.5M).
Economic Complexity
#permalink to sectionMost Specialized Products by RCA Index
#permalink to sectionHaiti has a high level of specialization in Knit T-shirts (153), Live Fish (133), Essential Oils (92.5), Bedspreads (68.8), and Knit Sweaters (61). Specialization is measured using RCA, an index that takes the ratio between Haiti observed and expected exports in each product.
Most Complex Products by PCI
#permalink to sectionThe highest complexity exports of Haiti according to the product complexity index (PCI) are Postcards (1.14), Scented Mixtures (0.31), Synthetic Fabrics (0.19), Other Leather Articles (-0.061), and Paper Labels (-0.11). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Export Opportunities by Relatedness
#permalink to sectionThe top export opportunities for Haiti according to the relatedness index, are Packing Bags (0.12), Raw Tobacco (0.11), Bananas (0.11), Molasses (0.11), and Insect Resins (0.11). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Haiti is not specialized in.
Product Space
#permalink to sectionThe product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
Diversification Frontier
#permalink to sectionThe Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
