2022
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GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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 GDP
$20.3BCURRENT US$
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2012-2022
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GDP GROWTH
47.7%CURRENT US$
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2022
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GDP PC 
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
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2022
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GDP PC
$1,748CURRENT US$
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2012-2022
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GDP PC GROWTH
28.9%CURRENT US$
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About

South Korea-Haiti In 2022, South Korea exported $60.5M to Haiti. The main products that South Korea exported to Haiti are Light Rubberized Knitted Fabric ($36.7M), Pile Fabric ($3.88M), and Electric Batteries ($3.75M). During the last 27 years the exports of South Korea to Haiti have increased at an annualized rate of 7.77%, from $8.03M in 1995 to $60.5M in 2022.

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

Haiti-South Korea 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). During the last 27 years the exports of Haiti to South Korea have increased at an annualized rate of 23.2%, from $9.23k in 1995 to $2.56M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71),  and 5 in total exports ($705B). That same year, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of South Korea to Haiti have increased at an annualized rate of 7.77%, from $8.03M in 1995 to $60.5M in 2022.

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 26 years the exports of Haiti to South Korea have increased at an annualized rate of 23.2%, from $9.23k in 1996 to $2.56M in 2022.

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

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

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Haiti
Top Destination
United States$1.08B

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

In 2021, countries that imported more from South Korea than Haiti were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2019, no countries were registered that imported more from Haiti than from South Korea.

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

Comparative Advantage South Korea - Haiti

Flow
Scale

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

During 2022, South Korea had a large net trade with Haiti in the exports of Textiles ($45.5M), Machines ($7.44M), and Transportation ($1.94M).

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Haiti. Similarly, the more yellow a dot/product is, the more Haiti has comparative advantage over South Korea.

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

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