2022
Exports
$112kWorld Rnk 134 / 188
Flag Rnk 53 / 87
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$1.15MWorld Rnk 126 / 212
Flag Rnk 68 / 96

About

Exports In 2022, Haiti exported $112k in Natural gums, resins & other vegetable extracts, making it the 134th largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 53rd most exported product in Haiti. The main destination of Natural gums, resins & other vegetable extracts exports from Haiti are: United States ($98.1k), Canada ($8.68k), and Bahamas ($5.42k).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Haiti between 2021 and 2022 were United States ($46.4k), Bahamas ($5.42k), and Canada ($1.05k).

Imports In 2022, Haiti imported $1.15M in Natural gums, resins & other vegetable extracts, becoming the 126th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 68th most imported product in Haiti. Haiti imports Natural gums, resins & other vegetable extracts primarily from: United States ($605k), India ($427k), Dominican Republic ($85.5k), China ($27.2k), and France ($3.91k).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Haiti between 2021 and 2022 were United States ($218k), Dominican Republic ($24k), and China ($15k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Natural gums, resins & other vegetable extracts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$112k
IMPORTS (2022)$1.15M
NET TRADE (2022)-$1.04M

In 2022, Haiti exported $112k in Natural gums, resins & other vegetable extracts. The main destinations of Haiti exports on Natural gums, resins & other vegetable extracts were United States ($98.1k), Canada ($8.68k), and Bahamas ($5.42k).

In 2022, Haiti imported $1.15M in Natural gums, resins & other vegetable extracts, mainly from United States ($605k), India ($427k), Dominican Republic ($85.5k), China ($27.2k), and France ($3.91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Haiti WERE (2021 - 2022):
United States$46.4k (89.8%)
Bahamas$5.42k (1%)
Canada$1.05k (13.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Haiti WERE (2021 - 2022):
Colombia-$1.08k (-100%)
South Korea-$8 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Haiti's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Haiti's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $178k
TOP IMPORT POTENTIALUnited States+ $14.5k

Natural gums, resins & other vegetable extracts’s highest export potential is United States. With an export gap of $178k.   Natural gums, resins & other vegetable extracts’s highest import potential is United States with an import gap of $14.5k.

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