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.
Also read article about Haiti from Wikipedia

User Contributions:

1
lina
THIS IS VERY INTRESTING FACTS. THIS IS A GREAT WEBSITE FOR GEOGRAPHY.
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?
3
steph_bear
Have they lost any trading partners recently or up to forty years? Who? Why? Any new ones?

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