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This project focuses on how the country will be able to know the right market to export their products. This will allow the country to get a good guide on foreign trade, and know which countries have High demand in different sectors, especially agricultural products.

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kesnel/ayiti-analytics-capstone-project

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Choosing the Right Market for Haiti’s Products

Summary

This project focuses on how the country will be able to know the right market to export their products. This will allow the country to get a good guide on foreign trade, and know which countries have High demand in different sectors, especially agricultural products.

Introduction

International trade takes place when countries buy goods and services from other countries. Countries sell their products with each other for the same reasons as individuals or local businesses, to have more benefits and earn more money. International trade is a driver of growth: it creates jobs, reduces poverty and opens up economic prospects.

Background

This problem started to get worse after the 2010 earthquake where Haiti found itself in a situation where its imports are greater than its exports, and this is not a good practice for the country. Haiti is already a poor country and we need change for the country. But in order to get changes we need to start focusing on how and where we can export our products especially our agricultural products.

Project Goals

The specific objectives of this project are:

  1. Analyze the dataset that we are going tocollect to better understand and give some insight on the international trade
  2. Choose the best place with the High demand for agricultural products so that Haiti can promote and sell its products

Data Source and license:

For this project we will be using the World Trade Organization(WTO) data portal to have access to The World Trade Organization(WTO) data portal: Data of imported product from the last ten years

Acknowledgements

The WTO Data portal contains statistical indicators, Available time series cover merchandise trade and trade in services statistics, market access indicators (bound, applied & preferential tariffs), non-tariff information as well as other indicators.

Reference

Folders/Files Structure

.
├── EDA.ipynb # Exploratory data analysis file with jupyter notebook
├── LICENSE # Github license
├── README.md # Markdown file
├── data # Dataset folder
│   ├── WtoData_worldwide_export_from_2010_to_2022.xlsx 
│   └── WtoData_worldwide_import_from_2010_to_2022.xlsx # This excel file contains all products imported from the world for each country
└── output
    └── data # To save clean data file

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This project focuses on how the country will be able to know the right market to export their products. This will allow the country to get a good guide on foreign trade, and know which countries have High demand in different sectors, especially agricultural products.

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