Flag Austria / Mali Flag

Exports FlagFlag  (2018): $142M, Rnk 66 / 206

Top Product FlagFlag (2018): $139M, Light Pure Woven Cotton

Exports FlagFlag (2018): $408k, Rnk 36 / 90

Top Product FlagFlag (2018): $252k, Tropical Fruits

Economic Complexity of Flag (2018): ECI 1.54, Rnk 11 / 137

Economic Complexity of Flag (2018): ECI -0.63, Rnk 95 / 137

Austria-Mali: In 2018, Austria exported $142M to Mali. The main products exported from Austria to Mali were Light Pure Woven Cotton ($139M), Embroidery ($1.08M), and Kaolin Coated Paper ($478k). During the last 23 years the exports of Austria to Mali have increased at an annualized rate of 16.2%, from $4.54M in 1995 to $142M in 2018.

Mali-Austria: In 2018, Mali exported $408k to Austria. The main products exported from Mali to Austria were Tropical Fruits ($252k), Oscilloscopes ($35.9k), and Other Measuring Instruments ($34.2k). During the last 23 years the exports of Mali to Austria have decreased at an annualized rate of 3.59%, from $946k in 1995 to $408k in 2018.

Comparison: In 2018, Austria ranked 11 in the Economic Complexity Index (ECI 1.54), and 30 in total exports ($176B). That same year, Mali ranked 95 in the Economic Complexity Index (ECI -0.63), and 125 in total exports ($2.86B). N/A

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Austria exported $142M to Mali. The main products exported from Austria to Mali were Light Pure Woven Cotton ($139M), Embroidery ($1.08M), and Kaolin Coated Paper ($478k). During the last 23 years the exports of Austria to Mali have increased at an annualized rate of 16.2%, from $4.54M in 1995 to $142M in 2018.

In 2018, Mali exported $408k to Austria. The main products exported from Mali to Austria were Tropical Fruits ($252k), Oscilloscopes ($35.9k), and Other Measuring Instruments ($34.2k). During the last 23 years the exports of Mali to Austria have decreased at an annualized rate of 3.59%, from $946k in 1995 to $408k in 2018.

Date

Market Competitiveness

#permalink to section
Measure

Austria
Top Destination
: Germany, $50.9B

Mali
Top Destination
: United Arab Emirates, $1.33B

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

In 2018, countries that imported more from Austria than Mali were Germany ($50.9B), United States ($12.7B), and Italy ($11.3B).

In 2018, countries that imported more from Mali than Austria were United Arab Emirates ($1.33B), Uganda ($55M), and Burkina Faso ($36.6M).

Comparative Advantage Austria - Mali

#permalink to section
Depth

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

During 2018, Austria had a large net trade with Mali in the exports of Textiles ($140M), Machines ($653k), and Paper Goods ($539k).

During 2018, Mali had a large net trade with Austria in the exports of Vegetable Products ($252k), Instruments ($78.3k), and Machines ($37.2k).

Tariff Section

#permalink to section

This sections shows import tariffs for products traded between Austria and Mali (using the HS6 product classification and the last year reported).

In 2017, the products from Austria that paid the highest import tariffs to enter Mali were Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (87%) and Refined sugar, in solid form, nes, pure sucrose (76.8%).

In 2018, the products from Mali that paid the highest import tariffs to enter Austria were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

Explore Tariff Data

*The tariffs present between Austria and Mali are:
88: Australia Generalized System of Preference
91: Austria GSP for Least Developed Countries
124: European Union GSP for Least Developed Countries
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Austria and Mali. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Mali. Similarly, the more red a dot/product is, the more Mali has comparative advantage over Austria.