2023
Flag  
GDP
$23.5BCURRENT US$
Rnk 115 / 195
2013-2023
Flag
GDP GROWTH
84.3%CURRENT US$
Rnk 29 / 195
2023
Flag
 GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
GDP PC 
$8,575CURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP PC GROWTH
94.3%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC
$869CURRENT US$
Rnk 183 / 196
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195

About

Albania-Mali Trade: In 2019, Albania exported $140k to Mali. The main products that Albania exported to Mali were N/A. Over the past 8 years the exports of Albania to Mali have decreased at an annualized rate of 15.9%, from $559k in 2011 to $140k in 2019.

In 2019, Albania did not export any services to Mali.

Mali-Albania Trade: In 2019, Mali exported $135k to Albania. The main products that Mali exported to Albania were N/A. Over the past 8 years the exports of Mali to Albania have decreased at an annualized rate of 0.95%,  from $141k in 2011 to $135k in 2019.

In 2019, Mali did not export any services to Albania.

Comparison: In 2023,  Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). That same year, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Albania exported $140k to Mali. There were not main exports from Albania to Mali in 2019. During the last 8 years the exports of Albania to Mali have decreased at an annualized rate of 15.9%, from $559k in 2011 to $140k in 2019.

In 2008, Mali exported $135k to Albania. There were not main exports from Mali to Albania in 2008. During the last 5 years the exports of Mali to Albania have decreased at an annualized rate of 0.95%, from $141k in 2013 to $135k in 2008.

Exports from Albania (Flag) to Mali (Flag) (2019)

Exports from Mali (Flag) to Albania (Flag) (2019)

Market Competitiveness

Color
Albania
Top Destination
Italy$1.72B
Mali
Top Destination
United Arab Emirates$4.83B

This map shows whether countries import more from Albania or Mali. Each country is colored based on the difference in imports they receive from Albania and Mali or the difference in the growth in imports.

In 2023, countries that imported more from Albania than Mali included Italy ($1.72B), Greece ($409M), and Germany ($234M).

In 2023, countries that imported more from Mali than Albania included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Australia ($335M).

Difference in imports from Mali (Flag) and Albania (Flag) (2023)

Comparative Advantage Albania - Mali

Flow
Scale

This chart compares trade between Albania and Mali by product, considering products traded by both, Albania and Mali.

During 2019, Albania had a large net trade with Mali in the exports of .

During 2008, Mali had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Mali+$1.96kRefined Petroleum
Top Product Potential Mali Albania+$1.79kGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Albania and Mali. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Mali. Similarly, a dot/product with the flag of Mali indicates it has a comparative advantage over Albania.

Product Space of Albania (Flag) and Mali (Flag) (2019)

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