Latvia (LVA) and Haiti (HTI) Trade | The Observatory of Economic Complexity

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Latvia-Haiti Trade: In 2023, Latvia exported $25.4k to Haiti. The main products that Latvia exported to Haiti were Packaged Medicaments ($25.4k). Over the past 6 years the exports of Latvia to Haiti have decreased at an annualized rate of 15.2%, from $68.5k in 2017 to $25.4k in 2023.

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

Haiti-Latvia Trade: In 2023, Haiti exported $7.32k to Latvia. The main products that Haiti exported to Latvia were Non-Knit Active Wear ($6.16k), Knit T-shirts ($928), and Non-Knit Women's Shirts ($234). Over the past 6 years the exports of Haiti to Latvia have increased at an annualized rate of 8.7%, from $4.82k in 2017 to $7.32k in 2023.

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

Comparison In 2023, Latvia ranked 80 in total exports ($19.9B). That same year, Haiti ranked 162 in total exports ($1.03B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Latvia exported $25.4k to Haiti. The main products exported from Latvia to Haiti were Packaged Medicaments ($25.4k). During the last 6 years the exports of Latvia to Haiti have decreased at an annualized rate of 15.2%, from $68.5k in 2017 to $25.4k in 2023.

In 2018, Haiti exported $7.32k to Latvia. The main products exported from Haiti to Latvia were Non-Knit Active Wear ($6.16k), Knit T-shirts ($928), and Non-Knit Women's Shirts ($234). During the last 5 years the exports of Haiti to Latvia have increased at an annualized rate of 8.7%, from $4.82k in 2023 to $7.32k in 2018.

Exports from Latvia () to Haiti () (2023)

Exports from Haiti () to Latvia () (2023)

Latest Data

Trade between Latvia () and Haiti ()

Latvia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Latvia
Top DestinationLithuania$3.77B

Haiti
Top DestinationUnited States$844M

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

In 2023, countries that imported more from Latvia than Haiti included Lithuania ($3.77B), Estonia ($1.26B), and Russia ($1.22B).

In 2023, countries that imported more from Haiti than Latvia included United States ($844M), Dominican Republic ($14.9M), and Nicaragua ($1.42M).

Difference in imports from Haiti () and Latvia () (2023)

Comparative Advantage Latvia - Haiti

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Latvia had a large net trade with Haiti in the exports of Chemical Products ($25.4k).

During 2018, Haiti had a large net trade with Latvia in the exports of Textiles ($7.32k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Latvia Haiti+$2.54kRefined Petroleum

Top Product Potential Haiti Latvia+$11.6kNon-Knit Active Wear

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

Year

This visualization shows the product space at the HS4 level with the flags of Latvia and Haiti. This means that a dot/product with the flag of Latvia indicates it has a comparative advantage over Haiti. Similarly, a dot/product with the flag of Haiti indicates it has a comparative advantage over Latvia.

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Historical Data

Bilateral Trade by Products

Exports from Latvia () to Haiti () (2023)

Exports from Haiti () to Latvia () (2023)

Latest Data

Trade between Latvia () and Haiti ()

Latvia Exports

Market Competitiveness

Difference in imports from Haiti () and Latvia () (2023)

Comparative Advantage Latvia - Haiti

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Latvia () and Haiti () (2023)

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