Nicaragua (NIC) and Haiti (HTI) Trade | The Observatory of Economic Complexity

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Nicaragua-Haiti Trade: In 2023, Nicaragua exported $19M to Haiti. The main products that Nicaragua exported to Haiti were Raw Sugar ($17.6M), Heavy Synthetic Cotton Fabrics ($1M), and Heavy Pure Woven Cotton ($269k). Over the past 5 years the exports of Nicaragua to Haiti have increased at an annualized rate of 11.8%, from $10.9M in 2018 to $19M in 2023.

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

Haiti-Nicaragua Trade: In 2023, Haiti exported $1.42M to Nicaragua. The main products that Haiti exported to Nicaragua were Knit T-shirts ($1.3M), Knitted Hats ($37.2k), and Knit Sweaters ($30.9k). Over the past 5 years the exports of Haiti to Nicaragua have increased at an annualized rate of 50.5%, from $183k in 2018 to $1.42M in 2023.

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

Comparison In 2023, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B). That same year, Haiti ranked 162 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nicaragua exported $19M to Haiti. The main products exported from Nicaragua to Haiti were Raw Sugar ($17.6M), Heavy Synthetic Cotton Fabrics ($1M), and Heavy Pure Woven Cotton ($269k). During the last 5 years the exports of Nicaragua to Haiti have increased at an annualized rate of 11.8%, from $10.9M in 2018 to $19M in 2023.

In 2018, Haiti exported $1.42M to Nicaragua. The main products exported from Haiti to Nicaragua were Knit T-shirts ($1.3M), Knitted Hats ($37.2k), and Knit Sweaters ($30.9k). During the last 5 years the exports of Haiti to Nicaragua have increased at an annualized rate of 50.5%, from $183k in 2023 to $1.42M in 2018.

Exports from Nicaragua () to Haiti () (2023)

Exports from Haiti () to Nicaragua () (2023)

Latest Data

Trade between Nicaragua () and Haiti ()

Nicaragua Exports

Date

Mar 2016

Feb 2016

Jan 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.38B

Haiti
Top DestinationUnited States$844M

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

In 2023, countries that imported more from Nicaragua than Haiti included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

In 2023, countries that imported more from Haiti than Nicaragua included Thailand ($9.24M), Indonesia ($1.51M), and Jamaica ($2.51M).

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

Comparative Advantage Nicaragua - Haiti

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nicaragua had a large net trade with Haiti in the exports of Foodstuffs ($17.7M) and Textiles ($1.3M).

During 2018, Haiti had a large net trade with Nicaragua in the exports of Textiles ($1.35M), Footwear and Headwear ($37.2k), and Instruments ($30.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nicaragua Haiti+$55.7kRolled Tobacco

Top Product Potential Haiti Nicaragua+$939kKnit T-shirts

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

About

Historical Data

Bilateral Trade by Products

Exports from Nicaragua () to Haiti () (2023)

Exports from Haiti () to Nicaragua () (2023)

Latest Data

Trade between Nicaragua () and Haiti ()

Nicaragua Exports

Market Competitiveness

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

Comparative Advantage Nicaragua - Haiti

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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