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Overview of Haiti

 Capital City:  

Port-Au-Prince

 Official Language: 

 

French

Haitian Creole

 Currency:

Haitian Gourde

 Population:

10.57 million

The Country

Haiti, officially the Republic of Haiti, is a Caribbean country. It occupies the western, smaller portion of the island of Hispaniola, in the Greater Antillean archipelago, which it shares with the Dominican Republic. The total area of Haiti is 27,750 square kilometers (10,714 sq mi) and its capital is Port-au-Prince. Haitian Creole and French are the official languages.

Market Overview

2014 Macroeconomic Indicators (in $ millions)

Exports:

874

Imports:

3,318 

Services:

Income:

60

Capital and Financial Accounts:

684

Private Transfers:

1,533

External Grants:

750

  • There are few government controls or subsidies.
  • U.S. imports represent approximately 35 percent of total imports.
  • Haiti imports more than 70 percent of market goods.
  • Three major international ship and port facility security-certified ports include Port-au-Prince, Cap Haitian, and St. Marc.
  • The renovated Cap-Haitien International Airport now offers a direct daily flight to Miami, Florida. This important transportation hub facilitates closer commercial and cultural ties between Haiti’s second city and the United States.
  • Other airports throughout the country are also being renovated, and new seaports are under construction in Cap-Haitien, Port-au-Prince, and the Port of Lafito.
  • Haiti’s 2014 per capita GDP is USD 824.2 (up from 810.3 in 2013).

Market Opportunities

Good market opportunities are available in the following sectors:

  • National Industry
  • Agro-Industry and organic food
  • Telecommunication and Energy
  • Pharmaceutical Products
  • Manufacturing including textiles and apparel
  • Roads and Building Construction
  • Tourism
  • Business process outsourcing (BPO)

Best Prospects - Leading Sectors for U.S. Export and Investment

  • Apparel and Textile
  • Machinery and Transport – Automotive Sector and Parts
  • Machinery – Food processing
  • Telecommunications Services and Equipment
  • Electrical Power Systems (solar panel)
  • Tourism

For more information feel free to contact The Commercial Section




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