2023
Flag  
GDP
$19.9BCURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP GROWTH
33.2%CURRENT US$
Rnk 107 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Haiti-Singapore Trade: In 2023, Haiti exported $524k to Singapore. The main products that Haiti exported to Singapore were Essential Oils ($348k), Electrical Transformers ($48k), and Knit T-shirts ($37.6k). Over the past 5 years the exports of Haiti to Singapore have decreased at an annualized rate of 14.6%, from $1.15M in 2018 to $524k in 2023.

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

Singapore-Haiti Trade: In 2023, Singapore exported $658k to Haiti. The main products that Singapore exported to Haiti were Broadcasting Equipment ($515k), Motor vehicles; parts and accessories (8701 to 8705) ($32k), and Telephones ($30k). Over the past 5 years the exports of Singapore to Haiti have decreased at an annualized rate of 18.6%,  from $1.84M in 2018 to $658k in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Haiti exported $524k to Singapore. The main products exported from Haiti to Singapore were Essential Oils ($348k), Electrical Transformers ($48k), and Knit T-shirts ($37.6k). During the last 5 years the exports of Haiti to Singapore have decreased at an annualized rate of 14.6%, from $1.15M in 2018 to $524k in 2023.

In 2018, Singapore exported $658k to Haiti. The main products exported from Singapore to Haiti were Broadcasting Equipment ($515k), Motor vehicles; parts and accessories (8701 to 8705) ($32k), and Telephones ($30k). During the last 5 years the exports of Singapore to Haiti have decreased at an annualized rate of 18.6%, from $1.84M in 2023 to $658k in 2018.

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

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

Latest Data

Trade between Haiti (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Haiti
Top Destination
United States$844M
Singapore
Top Destination
Hong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Haiti included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Haiti - Singapore

Flow
Scale

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

During 2023, Haiti had a large net trade with Singapore in the exports of Chemical Products ($356k), Textiles ($81.3k), and Machines ($49.1k).

During 2018, Singapore had a large net trade with Haiti in the exports of Machines ($591k), Transportation ($34.4k), and Metals ($20.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Haiti Singapore+$459kEssential Oils
Top Product Potential Singapore Haiti+$1.24MTelephones

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

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

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