2023
Flag  
GDP
$19.9BCURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP GROWTH
33.2%CURRENT US$
Rnk 107 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 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
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Haiti-Malaysia Trade: In 2023, Haiti exported $5.81M to Malaysia. The main products that Haiti exported to Malaysia were Cocoa Beans ($2.67M), Copper Powder ($2.45M), and Aluminium Powder ($620k). Over the past 5 years the exports of Haiti to Malaysia have increased at an annualized rate of 53.8%, from $674k in 2018 to $5.81M in 2023.

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

Malaysia-Haiti Trade: In 2023, Malaysia exported $6.55M to Haiti. The main products that Malaysia exported to Haiti were Malt Extract ($3.33M), Palm Oil ($1.78M), and Other Vegetable Oils ($460k). Over the past 5 years the exports of Malaysia to Haiti have decreased at an annualized rate of 9.9%,  from $18.6M in 2018 to $6.55M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Haiti exported $5.81M to Malaysia. The main products exported from Haiti to Malaysia were Cocoa Beans ($2.67M), Copper Powder ($2.45M), and Aluminium Powder ($620k). During the last 5 years the exports of Haiti to Malaysia have increased at an annualized rate of 53.8%, from $674k in 2018 to $5.81M in 2023.

In 2018, Malaysia exported $6.55M to Haiti. The main products exported from Malaysia to Haiti were Malt Extract ($3.33M), Palm Oil ($1.78M), and Other Vegetable Oils ($460k). During the last 5 years the exports of Malaysia to Haiti have decreased at an annualized rate of 9.9%, from $18.6M in 2023 to $6.55M in 2018.

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

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

Latest Data

Trade between Haiti (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Haiti
Top Destination
United States$844M
Malaysia
Top Destination
China$79.8B

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

In 2023, no countries were registered that imported more from Haiti than from Malaysia.

In 2023, countries that imported more from Malaysia than Haiti included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Haiti - Malaysia

Flow
Scale

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

During 2023, Haiti had a large net trade with Malaysia in the exports of Metals ($3.13M), Foodstuffs ($2.67M), and Plastics and Rubbers ($2.13k).

During 2018, Malaysia had a large net trade with Haiti in the exports of Foodstuffs ($3.35M), Animal and Vegetable Bi-Products ($2.31M), and Animal Products ($458k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Haiti Malaysia+$213kCocoa Beans
Top Product Potential Malaysia Haiti+$2.75MPalm Oil

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

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

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