Haiti - Foreign trade




Coffee has been supplanted as the main export by manufactured articles assembled in Haiti. The high deficit in the trade balance, with a marginal increase in exports and continued high import buoyancy in the late 1990s, reflects pent-up aggregate demand that is not satisfied by domestic production. Narrowing the trade deficit will therefore require a policy mix that prioritizes export-oriented productive sectors.

The light manufacture of clothes in Haiti accounts for the majority of commodity exports (56%). Other exports include essential oils (5.6%), coffee (5.4%), tropical fruits and vegetables (5.4%), and paper products (4.8%). Haiti's biggest export market is, by far, the US. Principal trading partners in 1998 (in millions of US dollars) were as follows:

Haiti

COUNTRY EXPORTS IMPORTS BALANCE
United States 256 603 -347
France 8 35 -27
Canada 3 15 -12
Germany 2 17 -15
United Kingdom 1 15 -14
Japan 1 44 -43
Netherlands 1 22 -21
Dominican Republic n.a. 38 n.a.
Colombia n.a. 29 n.a.

User Contributions:

lina
Report this comment as inappropriate
Jan 21, 2010 @ 8:20 pm
THIS IS VERY INTRESTING FACTS. THIS IS A GREAT WEBSITE FOR GEOGRAPHY.
Report this comment as inappropriate
Nov 24, 2011 @ 6:06 am
Besides "Encyclopedia of Nations", would there be any other source for the content information written above?
What are the sources from these data? Could anyone please inform for research purpose?

Comment about this article, ask questions, or add new information about this topic:

CAPTCHA


Haiti forum