Trade Balance in Haiti

Haiti Trade Balance | Economic News & Forecasts

Haiti - Trade Balance

After the economy seemingly contracted in FY 2021 (1 October 2020–30 September 2021) amid sociopolitical turmoil, conditions remained dire at the beginning of FY 2022 (1 October 2021–30 September 2022). The economy grew marginally in Q1 FY 2022 due to a low base effect. The delicate security situation led to sharp supply disruptions and forced firms to operate in a limited fashion. This likely hurt private consumption and investment, as shown by deeper contractions in consumer and business loans in Q1 FY 2022 compared to Q4 FY 2021. Meanwhile, in recent months, gang violence has continued to intensify, with civilian deaths and kidnappings on the rise. Moreover, food prices have skyrocketed since late February due to the fallout from the war in Ukraine, exacerbating food insecurity. On a positive note, increasing remittances should provide some support to private spending.

Haiti - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-2.4  -2.2  -2.6  -3.4  -     

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Haiti Trade Balance Chart


Haiti Trade
Note: Trade balance in (USD bn).
Source: Haiti Central Bank and FocusEconomics calculations.

Haiti Facts

Value Change Date
Exchange Rate87.66-1.13 %Jan 01

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