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Haiti - Economy : Haiti's trade deficit with DR amounts to $816 million US
"It should be noted that in 2017, Dominican exports to Haiti increased by 6.5% ($ 52.35 million) and 82.50% of goods were transported by road, while 17.44% by air and 0.06% by air," said Alexandra Izquierdo, National Director of ONE adding that exports from Haiti were made by road transport 98.04%, followed by martitime shipping 1.69% and by air 0.28%.
Main Dominican products exported to Haiti (2017) :
By road :
Cotton: 100.54 million (14.29% of the total exported by this route);
Plastics and manufactured goods: 92.40 million (13.14%);
Cast iron and steel: 54.96 million (7.8%).
Sea route :
Clothing and clothing accessories: $ 83.68 million (56.29% of the total transported by this means); Salt, sulfur, earth and stones, plaster, lime and cement: 27.07 million (18.21%);
Various food preparations: $ 12.66 million (8.52%).
By air :
Drugs: $ 0.41 million (79.79% of the total exported through this channel);
Paper and paperboard: $ 0.05 million (10.40%);
Boilers and machinery: $ 0.02 million (3.66%).
According to Miguel Vargas the Dominican Minister of Foreign Affairs Haiti is the 3rd largest trading partner of the Dominican Republic [year-on-year decline, with the 2014 export record of 1.4 billion dollars reached in 2014 because of the post-earthquake reconstruction.]
TOP 5 of DR exports (2016) :
1) United States: $ 4.78 billion;
2) Canada: 883 million;
3) Haiti: 799 million;
4) India: 643 million;
5) Switzerland: 346 million.
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