Finland (FIN) and Haiti (HTI) Trade | The Observatory of Economic Complexity

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Finland-Haiti Trade: In 2023, Finland exported $203k to Haiti. The main products that Finland exported to Haiti were Refrigerators ($96.3k), Flavored Water ($59.9k), and X-Ray Equipment ($35.7k). Over the past 5 years the exports of Finland to Haiti have decreased at an annualized rate of 10.4%, from $352k in 2018 to $203k in 2023.

In 2023, Finland did not export any services to Haiti.

Haiti-Finland Trade: In 2023, Haiti exported $129k to Finland. The main products that Haiti exported to Finland were Knit Sweaters ($41.6k), Knit T-shirts ($31.6k), and Citrus and Melon Peels ($28.3k). Over the past 5 years the exports of Haiti to Finland have decreased at an annualized rate of 5.02%, from $166k in 2018 to $129k in 2023.

In 2023, Haiti did not export any services to Finland.

Comparison In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $203k to Haiti. The main products exported from Finland to Haiti were Refrigerators ($96.3k), Flavored Water ($59.9k), and X-Ray Equipment ($35.7k). During the last 5 years the exports of Finland to Haiti have decreased at an annualized rate of 10.4%, from $352k in 2018 to $203k in 2023.

In 2018, Haiti exported $129k to Finland. The main products exported from Haiti to Finland were Knit Sweaters ($41.6k), Knit T-shirts ($31.6k), and Citrus and Melon Peels ($28.3k). During the last 5 years the exports of Haiti to Finland have decreased at an annualized rate of 5.02%, from $166k in 2023 to $129k in 2018.

Exports from Finland () to Haiti () (2023)

Exports from Haiti () to Finland () (2023)

Latest Data

Trade between Finland () and Haiti ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Haiti
Top DestinationUnited States$844M

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

In 2023, countries that imported more from Finland than Haiti included Germany ($9.26B), United States ($9.68B), and Sweden ($8.13B).

In 2023, countries that imported more from Haiti than Finland included Dominica ($21.6k).

Difference in imports from Haiti () and Finland () (2023)

Comparative Advantage Finland - Haiti

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Haiti in the exports of Machines ($99.4k), Foodstuffs ($59.9k), and Instruments ($37.7k).

During 2018, Haiti had a large net trade with Finland in the exports of Textiles ($89.7k), Vegetable Products ($28.3k), and Machines ($8.77k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Haiti+$32.7kRefrigerators

Top Product Potential Haiti Finland+$209kKnit Sweaters

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Haiti () (2023)

Exports from Haiti () to Finland () (2023)

Latest Data

Trade between Finland () and Haiti ()

Finland Exports

Market Competitiveness

Difference in imports from Haiti () and Finland () (2023)

Comparative Advantage Finland - Haiti

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Haiti () (2023)

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