2022
Flag  
GDP
$20.3BCURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP GROWTH
47.7%CURRENT US$
Rnk 69 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC 
$1,748CURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP PC GROWTH
28.9%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

Haiti-Nicaragua In 2022, Haiti exported $560k to Nicaragua. The main products that Haiti exported to Nicaragua are Knit T-shirts ($390k), Light Rubberized Knitted Fabric ($115k), and Knitted Hats ($37.2k). During the last 25 years the exports of Haiti to Nicaragua have increased at an annualized rate of 10.1%, from $50.4k in 1997 to $560k in 2022.

In 2022, Haiti did not export any services to Nicaragua.

Nicaragua-Haiti In 2022, Nicaragua exported $17.8M to Haiti. The main products that Nicaragua exported to Haiti were Raw Sugar ($16.1M), Heavy Synthetic Cotton Fabrics ($1.42M), and Soap ($191k). During the last 25 years the exports of Nicaragua to Haiti have increased at an annualized rate of 15.6%, from $470k in 1997 to $17.8M in 2022.

In 2022, Nicaragua did not export any services to Haiti.

Comparison In 2022,  Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Haiti exported $560k to Nicaragua. The main products exported from Haiti to Nicaragua were Knit T-shirts ($390k), Light Rubberized Knitted Fabric ($115k), and Knitted Hats ($37.2k). During the last 25 years the exports of Haiti to Nicaragua have increased at an annualized rate of 10.1%, from $50.4k in 1997 to $560k in 2022.

In 2022, Nicaragua exported $17.8M to Haiti. The main products exported from Nicaragua to Haiti were Raw Sugar ($16.1M), Heavy Synthetic Cotton Fabrics ($1.42M), and Soap ($191k). During the last 27 years the exports of Nicaragua to Haiti have increased at an annualized rate of 15.6%, from $470k in 1995 to $17.8M in 2022.

Exports from Haiti (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Haiti (Flag) (2022)

Latest Data

Trade between Haiti (Flag) and Nicaragua (Flag)

Nicaragua Exports

Date

Market Competitiveness

Color
Haiti
Top Destination
United States$1.08B
Nicaragua
Top Destination
United States$4.09B

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

In 2021, countries that imported more from Haiti than Nicaragua were Thailand ($16.4M), India ($15.8M), and Jamaica ($4.19M).

In 2021, countries that imported more from Nicaragua than Haiti were United States ($4.09B), Mexico ($943M), and Honduras ($541M).

Difference in imports from Nicaragua (Flag) and Haiti (Flag) (2022)

Comparative Advantage Haiti - Nicaragua

Flow
Scale

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

During 2022, Haiti had a large net trade with Nicaragua in the exports of Textiles ($522k), Footwear and Headwear ($37.2k), and Plastics and Rubbers ($1.06k).

During 2022, Nicaragua had a large net trade with Haiti in the exports of Foodstuffs ($16.1M), Textiles ($1.47M), and Chemical Products ($191k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Haiti has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Haiti.

Product Space of Haiti (Flag) and Nicaragua (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with