WTO Report - The Future of Trade: The Challenges of Convergence
Haiti - Trade Profile [UWI's Shridath Ramphal Centre]
1. Population: 10 million
HAITI Area: 27,750 sq km (10,714 sq miles)
MAIN ECONOMIC INDICATORS
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
GDP ($US, billions) 23.7 24.6 22.3 20.2 21.6 33.6 35.3 41.0 45.6 46.7 50.1
GDP (% change) 5.7 1.8 5.8 -0.3 1.3 9.3 10.7 8.5 5.3 3.5 3.5
GDP per capita ($US) 2,982 3,053 2,728 2,437 2,568 3,934 4,081 4,668 5,117 5,176 5,464
Current account balance ($US, billions) -1.01 -0.74 -0.71 1.03 1.04 -0.47 -1.28 -2.17 -4.51 -2.34 -3.06
Current account balance (% of GDP) -4.3 -3.0 -3.2 5.1 4.8 -1.4 -3.6 -5.3 -9.9 -5.0 -6.1
Inflation (% change) 7.7 8.9 5.2 27.5 51.5 4.2 7.6 6.1 10.6 1.5 6.5
Unemployment+ (%) - - - - - - - - - - -
GDP (% change) Inflation (% change) GDP Current account balance
7.00
26 6.00
21 5.00
16 4.00
$US Billions
% 11 3.00
6 2.00
1 1.00
-4 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 0.00
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
-9 -1.00
Source: IMF World Economic Outlook April 2010
+
Source: The World Bank - http://databank.worldbank.org
*Numbers in italics represent estimates
2. Population: 10 million
HAITI Area: 27,750 sq km (10,714 sq miles)
MAIN TRADE INDICATORS – GOODS
2005 2006 2007 2008
Trade Balance ($US thousands) -701,318 -1,261,525 -1,215,666 -1,664,673
Total Exported Value ($US thousands) 525,069 641,639 672,730 657,304
Total Imported Value ($US thousands) 1,226,387 1,903,164 1,888,396 2,321,977
Top 10 Markets by % of Total Exported Value (2009) Top 10 Markets by % of Total Imported Value (2009)
United States of America 87% United States of America 38%
Canada 3% Dominican Republic 31%
Mexico 2% China 7%
Dominican Republic 2% Colombia 3%
France 1% Japan 2%
United Kingdom 1% Malaysia 2%
Belgium 1% France 2%
Germany 1% Canada 2%
Chinese Taipei 1% Brazil 2%
China 0.4% Mexico 1%
Edible fruit, Top 5 Exports by % of Total Exported Value (2008) Essential oils, Top 5 Imports by % of Total Imported Value (2008) Vehicles
nuts, peel of perfumes, other than
citrus, melons, cosmetics, railway,
2% toileteries, 3% tramway, 6%
Iron and Animal,vegetabl
steel, 7% Cereals, e fats and oils,
Articles of 6%
13%
apparel (not
knit or crochet),
18%
Articles of Cotton,
apparel (knit or 10%
crochet), 60% Commodities
not elsewhere
specified, 11%
Source: International Trade Centre – www.trademap.org
3. Population: 10 million
HAITI Area: 27,750 sq km (10,714 sq miles)
MAIN TRADE INDICATORS – SERVICES
2004 2005 2006 2007 2008
Trade Balance ($US thousands) -209,950 -398,910 -399,430 -416,650 -326,739
Total Exported Value ($US thousands) 141,600 145,460 193,930 257,110 204,318
Total Imported Value ($US thousands) 351,550 544,370 593,360 673,760 531,057
Top Imports by % of Total Imported Value (2007)
Top Exports by % of Total Exported Value (2007)
Transportation 59%
Travel 75% Other business services 27%
Travel 8%
Government services 21% Government services 3%
Communications services 2%
Financial services 1%
Communications services 4%
Royalties and license fees 0.1%
Source: International Trade Centre – www.trademap.org