Haiti recorded a trade deficit of 191.63 USD Million in May of 2020.

Balance of Trade in Haiti averaged -208.28 USD Million from 2008 until 2020, reaching an all time high of -89.44 USD Million in September of 2019 and a record low of -384.78 USD Million in November of 2018. This page provides - Haiti Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Haiti Balance of Trade - values, historical data and charts - was last updated on October of 2020. source: Banque de la République d'Haiti

Balance of Trade in Haiti is expected to be -321.02 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Haiti to stand at -322.41 in 12 months time. In the long-term, the Haiti Balance of Trade is projected to trend around -322.19 USD Million in 2021, according to our econometric models.

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Haiti Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-191.63 -239.92 -89.44 -384.78 2008 - 2020 USD Million Monthly

Haiti Trade Last Previous Highest Lowest Unit
Balance of Trade -191.63 -239.92 -89.44 -384.78 USD Million [+]
Current Account 99.36 260.41 260.41 -291.68 USD Million [+]
Current Account to GDP -4.10 -3.70 0.76 -8.50 percent [+]
Imports 220.45 275.44 464.45 125.60 USD Million [+]
Exports 28.82 35.52 137.91 8.06 USD Million [+]
Remittances 3214.47 2721.80 3214.47 810.00 USD Million [+]
Gold Reserves 1.80 1.80 1.81 0.03 Tonnes [+]
Terrorism Index 2.18 1.71 3.53 0.00 [+]


Haiti Balance of Trade
Haiti runs consistently large trade deficits. The situation has deteriorated after the 2010 earthquake as exports declined and imports of food and construction materials increased. Haiti mostly exports clothing, scrap metal, vegetable oils, dates and cocoa. Haiti mostly imports rice, cotton fabric, vegetable oils, wheat, cane sugar, milk, iron and steel, chicken, vehicles and fuel. Haiti’s main trading partners are United States, Dominican Republic, Netherland Antilles and China.