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2022
Flag → Flag
Exports $92.6MRnk 143 / 217
2022
Flag → Flag
Top Product $16.8MPolyacetals
2022
Flag → Flag
Exports $15.8MRnk 6 / 112
2022
Flag → Flag
Top Product $7.74MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$20.3BCURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP GROWTH47.7%CURRENT US$
Rnk 69 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$1,748CURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP PC GROWTH28.9%CURRENT US$
Rnk 67 / 186

About

India-Haiti Trade: In 2022, India exported $92.6M to Haiti. The main products that India exported to Haiti were Polyacetals ($16.8M), Packaged Medicaments ($16.5M), and Hard Liquor ($9.33M). Over the past 5 years the exports of India to Haiti have increased at an annualized rate of 0.37%, from $90.9M in 2017 to $92.6M in 2022.

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

Haiti-India Trade: In 2022, Haiti exported $15.8M to India. The main products that Haiti exported to India were Industrial Fatty Acids, Oils and Alcohols ($7.74M), Electrical Parts ($4.62M), and Essential Oils ($1.98M). Over the past 5 years the exports of Haiti to India have increased at an annualized rate of 16.1%,  from $6.45M in 2017 to $15.8M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, India exported $11M and imported $839k from Haiti, resulting in a positive trade balance of $10.2M. Between July 2023 and July 2024 the exports of India have increased by $2.85M (34.9%) from $8.15M to $11M, while imports decreased by $-1.05M (-55.6%) from $1.89M to $839k.

Trade In July 2024, the top exports of India to Haiti were Drug Formulations, Biologicals ($1.66M), Plastic Raw Materials ($779k), Cosmetics And Toiletries ($664k), Alcoholic Beverages ($635k), and Agro Chemicals ($426k). In July 2024 the top imports of India from Haiti were Aluminium, Products Of Aluminm ($41.7k).

Growth In July 2024, the increase in India's year-by-year exports to Haiti was explained primarily by an increase in product exports in Drug Formulations, Biologicals ($340k or 25.8%), Cosmetics And Toiletries ($285k or 75.3%), and Rice(Other Than Basmoti) ($192k or 406%). In July 2024, the decrease in India's year-by-year imports  from Haiti was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)$2.85M(34.9%)
IMPORT GROWTH (July 2023 - July 2024)$-1.05M(-55.6%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Haiti and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Haiti and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $92.6M to Haiti. The main products exported from India to Haiti were Polyacetals ($16.8M), Packaged Medicaments ($16.5M), and Hard Liquor ($9.33M). During the last 5 years the exports of India to Haiti have increased at an annualized rate of 0.37%, from $90.9M in 2017 to $92.6M in 2022.

In 2017, Haiti exported $15.8M to India. The main products exported from Haiti to India were Industrial Fatty Acids, Oils and Alcohols ($7.74M), Electrical Parts ($4.62M), and Essential Oils ($1.98M). During the last 5 years the exports of Haiti to India have increased at an annualized rate of 16.1%, from $6.45M in 2022 to $15.8M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Haiti
Top DestinationUnited States$1.08B

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

In 2022, countries that imported more from India than Haiti included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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

Comparative Advantage India - Haiti

Flow
Scale

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

During 2022, India had a large net trade with Haiti in the exports of Chemical Products ($30.4M), Plastics and Rubbers ($25.5M), and Foodstuffs ($15.3M).

During 2017, Haiti had a large net trade with India in the exports of Chemical Products ($9.72M), Machines ($4.63M), and Metals ($1.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Haiti+$3.51MPackaged Medicaments
Top Product Potential Haiti India+$1.42MScrap Aluminium

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

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

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