What Are the Major Exports and Imports of Haiti?
The Republic of Haiti mainly exports commodities, such as coffee, mangoes, cocoa, oil and apparel. The country imports raw materials, fuel, machinery and transportation equipment, consumer goods, and food. About 70 percent of the exports go to the United States, 9 percent is destined to the Dominican Republic, and about 3 percent goes to Canada. Haiti imports mostly from the United States, the Dominican Republic, China and the Netherlands Antilles.
Haiti’s textile industry is one of the leading sectors for U.S. exports, in which the latter plays a significant role. In December 2006, the United States and the Republic of Haiti signed an agreement known as the Haitian Hemispheric Opportunity Through Partnership Encouragement. Under the HOPE agreement, certain types of Haitian apparel are granted tariff-free access to the U.S. market. Although the apparel industry is one of the best prospects in Haiti, the lack of investments and its vulnerability to natural disasters significantly affects the growth of the industry.
Haiti’s major imports are raw materials and food. The country mostly imports rice, cotton fabric, vegetable oil, milk, iron and steel, wheat, chicken, and vehicles. Most Haitians rely on subsistence farming, but the mountainous terrain makes it difficult to expand the agriculture industry. Haiti has previously exported sugarcane, but fierce international competition and declining prices have decreased the demand and the crop’s production.