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:
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. |
What are the sources from these data? Could anyone please inform for research purpose?