2023
Flag  
GDP
$19.9BCURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP GROWTH
33.2%CURRENT US$
Rnk 107 / 195
2023
Flag
 GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC 
$1,706CURRENT US$
Rnk 163 / 195
2013-2023
Flag
GDP PC GROWTH
17%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC
$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195

About

Haiti-Guatemala Trade: In 2023, Haiti exported $1.02M to Guatemala. The main products that Haiti exported to Guatemala were Light Rubberized Knitted Fabric ($699k), Washing and Bottling Machines ($77.8k), and Other Engines ($62.6k). Over the past 5 years the exports of Haiti to Guatemala have decreased at an annualized rate of 6.14%, from $1.4M in 2018 to $1.02M in 2023.

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

Guatemala-Haiti Trade: In 2023, Guatemala exported $38.9M to Haiti. The main products that Guatemala exported to Haiti were Raw Sugar ($35.1M), Glass Bottles ($1.06M), and Baked Goods ($946k). Over the past 5 years the exports of Guatemala to Haiti have decreased at an annualized rate of 0.87%,  from $40.6M in 2018 to $38.9M in 2023.

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

Comparison In 2023,  Haiti ranked 162 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Haiti exported $1.02M to Guatemala. The main products exported from Haiti to Guatemala were Light Rubberized Knitted Fabric ($699k), Washing and Bottling Machines ($77.8k), and Other Engines ($62.6k). During the last 5 years the exports of Haiti to Guatemala have decreased at an annualized rate of 6.14%, from $1.4M in 2018 to $1.02M in 2023.

In 2018, Guatemala exported $38.9M to Haiti. The main products exported from Guatemala to Haiti were Raw Sugar ($35.1M), Glass Bottles ($1.06M), and Baked Goods ($946k). During the last 5 years the exports of Guatemala to Haiti have decreased at an annualized rate of 0.87%, from $40.6M in 2023 to $38.9M in 2018.

Exports from Haiti (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Haiti (Flag) (2023)

Latest Data

Trade between Haiti (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Haiti
Top Destination
United States$844M
Guatemala
Top Destination
United States$5.16B

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

In 2023, countries that imported more from Haiti than Guatemala included Sri Lanka ($1.31M), Indonesia ($1.51M), and Djibouti ($41.4k).

In 2023, countries that imported more from Guatemala than Haiti included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

Difference in imports from Guatemala (Flag) and Haiti (Flag) (2023)

Comparative Advantage Haiti - Guatemala

Flow
Scale

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

During 2023, Haiti had a large net trade with Guatemala in the exports of Textiles ($831k), Machines ($157k), and Plastics and Rubbers ($27.6k).

During 2018, Guatemala had a large net trade with Haiti in the exports of Foodstuffs ($36.1M), Stone And Glass ($1.08M), and Textiles ($719k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Haiti Guatemala+$117kKnit T-shirts
Top Product Potential Guatemala Haiti+$657kOther knitted or crocheted fabrics.

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

Product Space of Haiti (Flag) and Guatemala (Flag) (2023)

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