Haiti Sector Identification, Sector Report 1: Agroindustry
- Haiti's food trade deficit rose significantly over the last two decades, while exports stayed mostly unchanged and undiversified.
- Targeted subsectors include mango (the Francisque variety), vetiver essential oil, cocoa, bananas and plantains, sorghum, and poultry and eggs.
- Recommended FDI strategy rests on two axes: import substitution for the national market, and export diversification by product and market.
- Haiti has eight bilateral investment treaties and CARICOM membership to draw on.
- Haiti is compared with the Dominican Republic, including its organic banana cluster and informal imports from the DR.
This 98-page report, dated October 17, 2017, is the first in the Haiti Sector Identification series prepared by Investment Consulting Associates (ICA) for CFI. It covers methodology, global trends and foreign direct investment (FDI) drivers, Haiti's competitiveness, a comparison with the Dominican Republic, investment incentives, free trade zones and SONAPI industrial parks, and the public and donor ecosystem. It targets subsectors including mango, vetiver essential oil, cocoa, bananas and plantains, sorghum, and poultry and eggs. It concludes that Haiti's food trade deficit grew over two decades while exports stayed undiversified, and recommends an FDI strategy built on import substitution and export diversification. Appendices hold a targeted agribusiness matrix, case studies and a mission report.
How to cite
International Cooperative Alliance (ICA), 2017, Haiti Sector Identification, Sector Report 1: Agroindustry, accessed via HaitiDocs, https://www.haitidocs.org/doc/ica-2017-haiti-agroindustry-sector-report