Haiti (HTI) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Haiti-South Korea Trade: In 2022, Haiti exported $2.56M to South Korea. The main products that Haiti exported to South Korea were Scrap Copper ($1.41M), Scrap Iron ($319k), and Scrap Aluminium ($211k). Over the past 5 years the exports of Haiti to South Korea have increased at an annualized rate of 8.3%, from $1.72M in 2017 to $2.56M in 2022.

In 2022, Haiti did not export any services to South Korea.

South Korea-Haiti Trade: In 2022, South Korea exported $60.5M to Haiti. The main products that South Korea exported to Haiti were Light Rubberized Knitted Fabric ($36.7M), Pile Fabric ($3.88M), and Electric Batteries ($3.75M). Over the past 5 years the exports of South Korea to Haiti have decreased at an annualized rate of 4.01%, from $74.2M in 2017 to $60.5M in 2022.

In 2022, South Korea did not export any services to Haiti.

Comparison In 2022, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Haiti exported $2.56M to South Korea. The main products exported from Haiti to South Korea were Scrap Copper ($1.41M), Scrap Iron ($319k), and Scrap Aluminium ($211k). During the last 5 years the exports of Haiti to South Korea have increased at an annualized rate of 8.3%, from $1.72M in 2017 to $2.56M in 2022.

In 2017, South Korea exported $60.5M to Haiti. The main products exported from South Korea to Haiti were Light Rubberized Knitted Fabric ($36.7M), Pile Fabric ($3.88M), and Electric Batteries ($3.75M). During the last 5 years the exports of South Korea to Haiti have decreased at an annualized rate of 4.01%, from $74.2M in 2022 to $60.5M in 2017.

Exports from Haiti () to South Korea () (2022)

Exports from South Korea () to Haiti () (2022)

Latest Data

Trade between Haiti () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Haiti
Top DestinationUnited States$1.08B

South Korea
Top DestinationChina$150B

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

In 2022, no countries were registered that imported more from Haiti than from South Korea.

In 2022, countries that imported more from South Korea than Haiti included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Haiti () (2022)

Comparative Advantage Haiti - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Haiti had a large net trade with South Korea in the exports of Metals ($1.94M), Textiles ($482k), and Machines ($103k).

During 2017, South Korea had a large net trade with Haiti in the exports of Textiles ($45.5M), Machines ($7.44M), and Transportation ($1.94M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Haiti South Korea+$1.03MScrap Copper

Top Product Potential South Korea Haiti+$1.93MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Haiti () to South Korea () (2022)

Exports from South Korea () to Haiti () (2022)

Latest Data

Trade between Haiti () and South Korea ()

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Haiti () (2022)

Comparative Advantage Haiti - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Haiti () and South Korea () (2022)

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