2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 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 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC
$869CURRENT US$
Rnk 183 / 196
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195

About

Australia-Mali Trade: In 2023, Australia exported $4.85M to Mali. The main products that Australia exported to Mali were Excavation Machinery ($680k), Other Measuring Instruments ($473k), and Stone Processing Machines ($298k). Over the past 5 years the exports of Australia to Mali have decreased at an annualized rate of 31.9%, from $33M in 2018 to $4.85M in 2023.

In 2023, Australia did not export any services to Mali.

Mali-Australia Trade: In 2023, Mali exported $335M to Australia. The main products that Mali exported to Australia were Gold ($308M), Refined Petroleum ($20.4M), and Packaged Medicaments ($5.88M). Over the past 5 years the exports of Mali to Australia have increased at an annualized rate of 202%,  from $1.35M in 2018 to $335M in 2023.

In 2023, Mali did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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 2023, Australia exported $4.85M to Mali. The main products exported from Australia to Mali were Excavation Machinery ($680k), Other Measuring Instruments ($473k), and Stone Processing Machines ($298k). During the last 5 years the exports of Australia to Mali have decreased at an annualized rate of 31.9%, from $33M in 2018 to $4.85M in 2023.

In 2018, Mali exported $335M to Australia. The main products exported from Mali to Australia were Gold ($308M), Refined Petroleum ($20.4M), and Packaged Medicaments ($5.88M). During the last 5 years the exports of Mali to Australia have increased at an annualized rate of 202%, from $1.35M in 2023 to $335M in 2018.

Exports from Australia (Flag) to Mali (Flag) (2023)

Exports from Mali (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Mali (Flag)

Australia Exports

Mali Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Mali
Top Destination
United Arab Emirates$4.83B

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

In 2023, countries that imported more from Australia than Mali included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Mali than Australia included United Arab Emirates ($4.83B), Uganda ($73M), and Central African Republic ($12.5M).

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

Comparative Advantage Australia - Mali

Flow
Scale

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

During 2023, Australia had a large net trade with Mali in the exports of Machines ($2.78M), Instruments ($683k), and Metals ($553k).

During 2018, Mali had a large net trade with Australia in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Mali+$382kTelephones
Top Product Potential Mali Australia+$593kDelivery Trucks

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 Australia and Mali. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Mali. Similarly, a dot/product with the flag of Mali indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Mali (Flag) (2023)

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