With billions sent to Haiti just from US, it should be s thriving country
Haiti: U.S.-Haiti Trade Facts
In 2019, Haiti GDP was an estimated $8.8 billion (current market exchange rates); real GDP was down by an estimated 1.2%; and the population was 11 million. (Source: IMF)
Haiti is currently our 77th largest goods trading partner with $2.3 billion in total (two way) goods trade during 2019. Goods exports totaled $1.2 billion; goods imports totaled $1.1 billion. The U.S. goods trade surplus with Haiti was $181 million in 2019.
According to the Department of Commerce, U.S. exports of goods to Haiti supported an estimated 4 thousand jobs in 2015 (latest data available).
Exports
Haiti was the United States' 74th largest goods export market in 2019.
U.S. goods exports to Haiti in 2019 were $1.2 billion, down 12.1% ($172 million) from 2018 but up 57.1% from 2009.
The top export categories (2-digit HS) in 2019 were: mineral fuels ($292 million), special other (returns) ($262 million), cereals (rice) ($245 million), knit apparel ($60 million), and meat (poultry) ($53 million).
U.S. total exports of agricultural products to Haiti totaled $372 million in 2019. Leading domestic export categories include: rice ($206 million), poultry meat & products (ex. eggs) ($56 million), wheat ($29 million), dairy products ($14 million), and pulses ($12 million).
Imports
Haiti was the United States' 75th largest supplier of goods imports in 2019. U.S. goods imports from Haiti totaled $1.1 billion in 2019, up 7.1% ($71 million) from 2018, and up 92% from 2009. The top import categories (2-digit HS) in 2019 were: knit apparel ($858 million), woven apparel ($129 million), miscellaneous textile articles ($15 million), edible fruit & nuts (mangos) ($11 million), and perfumery, cosmetics ($7 million). U.S. total imports of agricultural products from Haiti totaled $27 million in 2019. Leading categories include: other fresh fruit ($11 million), essential oils ($7 million), cocoa beans ($5 million), unroasted coffee ($581 thousand), and processed fruit & vegetables ($518 thousand).
Trade Balance: The U.S. goods trade surplus with Haiti was $181 million in 2019, a 57.2% decrease ($242 million) over 2018.
Investment. U.S. foreign direct investment (FDI) in Haiti (stock) was $29 million in 2019, a 6.5% decrease from 2018. There is no information on the distribution of U.S. FDI in Haiti. No data on Haiti's FDI in the U.S. are available.
NOTE: No services trade data with Haiti are available.
https://www.state.gov/u-s-relations-with-haiti/
Haiti - Diaspora : Money transfers accounted for 33.6% of Haiti's GDP
13/02/2018 10:12:48. Haiti - Diaspora : Money transfers accounted for 33.6% of Haiti's GDP
According to a study by the Inter-American Dialogue Center on the transfer of funds to 16 countries in Latin America and the Caribbean, Haiti would have received transfers estimated at nearly US $ 2.2 billion, or 33.6% of its Gross Domestic Product (GDP), ranking first in countries where transfers exceed 10% of GDP; in the Top 5: Haiti, Honduras, El Salvador, Jamaica and Guatemala. The amount of transfers to Haiti (33% of GDP) exceeds contributions to the economy of the agricultural sector (21.9%) or industry (20.8%). ± 1.3 billion of the transfers came from about 670,000 Haitians resident in the United States, the rest came from other countries where the Haitian diaspora is important, Canada (± 260 million dollars), Chile (± 87 million) , Dominican Republic (± 270 million), France (± 190 million) and the rest of the world ± 88 million.
It should be noted that the flow of these remittances could be slightly downgraded in the future as a result of the Trump Administration's decision to terminate the Temporary Protection Status (TPS). https://www.haitilibre.com/en/news-22759-haiti-flash-tps-more-than-50-000-haitians-will-have-to-leave-the-usa.html a decision that threatens to expel from the US nearly 58,000 of our compatriots.
TOP 5 as % of GDP 2017 :
Haiti : In 2017, the transfer of funds received by Haiti amounted to $ 2.2 billion, or 33.6% of its GDP
https://www.haitilibre.com/en/news-23554-haiti-diaspora-money-transfers-accounted-for-336-of-haiti-s-gdp.html
What Does Haiti Have to Show for $13 Billion in Earthquake Aid?
Five years ago a deadly earthquake ravaged Haiti. Dr. Nancy Snyderman returns to document its recovery.
Tracy Connor is a senior writer for NBC News
Jan. 11, 2015, 10:06 AM EST / Updated Jan. 12, 2015, 4:3
https://www.nbcnews.com/news/investigations/what-does-haiti-have-show-13-billion-earthquake-aid-n281661
https://spendmenot.com/blog/us-foreign-aid-per-country/