2022
Flag  
GDP
$20.3BCURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP GROWTH
47.7%CURRENT US$
Rnk 69 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$1,748CURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP PC GROWTH
28.9%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Haiti-Madagascar Trade: In 2022, Haiti exported $475 to Madagascar. The main products that Haiti exported to Madagascar were Broadcasting Equipment ($475). Over the past 8 years the exports of Haiti to Madagascar have increased at an annualized rate of 62%, from $10 in 2014 to $475 in 2022.

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

Madagascar-Haiti In N/A, Madagascar did not export any products to Haiti.

In 2022, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Haiti exported $475 to Madagascar. The main products exported from Haiti to Madagascar were Broadcasting Equipment ($475). During the last 8 years the exports of Haiti to Madagascar have increased at an annualized rate of 62%, from $10 in 2014 to $475 in 2022.

Madagascar does not register exports to Haiti. The main products exported from Madagascar to Haiti were Sewing Machines ($631).

Exports from Haiti (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Haiti (Flag) (2022)

Latest Data

Trade between Haiti (Flag) and Madagascar (Flag)

Madagascar Exports

Market Competitiveness

Color
Haiti
Top Destination
United States$1.08B
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Haiti than Madagascar included United States ($1.08B), Mexico ($29.4M), and Dominican Republic ($11.9M).

In 2022, countries that imported more from Madagascar than Haiti included France ($634M), China ($538M), and Japan ($448M).

Difference in imports from Madagascar (Flag) and Haiti (Flag) (2022)

Comparative Advantage Haiti - Madagascar

Flow
Scale

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

During 2022, Haiti had a large net trade with Madagascar in the exports of Machines ($475).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Haiti Madagascar+$1.66kTelephones
Top Product Potential Madagascar Haiti+$2.12kRefined Petroleum

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

Product Space of Haiti (Flag) and Madagascar (Flag) (2022)

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