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Pricing

2022
Flag → Flag
Exports $110MRnk 112 / 222
2022
Flag → Flag
Top Product $23.2MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $1.03MRnk 34 / 118
2022
Flag → Flag
Top Product $575kRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.3Rnk 133 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH10.6%CURRENT US$
Rnk 114 / 186

About

Belgium-Mali Trade: In 2022, Belgium exported $110M to Mali. The main products that Belgium exported to Mali were Vaccines, blood, antisera, toxins and cultures ($23.2M), Cars ($13M), and Delivery Trucks ($12M). Over the past 5 years the exports of Belgium to Mali have increased at an annualized rate of 0.12%, from $109M in 2017 to $110M in 2022.

In 2022, Belgium did not export any services to Mali.

Mali-Belgium Trade: In 2022, Mali exported $1.03M to Belgium. The main products that Mali exported to Belgium were Raw Cotton ($575k), Tropical Fruits ($117k), and Gas Turbines ($97.9k). Over the past 5 years the exports of Mali to Belgium have decreased at an annualized rate of 17.2%,  from $2.63M in 2017 to $1.03M in 2022.

In 2022, Mali did not export any services to Belgium.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €3.74M and imported €142k from Mali, resulting in a positive trade balance of €3.6M. Between August 2023 and August 2024 the exports of Belgium have decreased by €-3.17M (-45.9%) from €6.91M to €3.74M, while imports increased by €125k (712%) from €17.5k to €142k.

Trade In August 2024, the top exports of Belgium to Mali were Pharmaceutical products (€12.4M), Cars, tractors, trucks & parts thereof. (€1.84M), Machinery, mechanical appliances, & parts (€1.04M), Miscellaneous edible preparations (€588k), and Chemical products n.e.s. (€157k). In August 2024 the top imports of Belgium from Mali were Knitted clothing accesories (€3.15k), Mineral fuels, mineral oils and products... (€364), Electrical machinery and electronics (€225), and Beverages, spirits, & vinegar (€67).

Growth In August 2024, the decrease in Belgium's year-by-year exports to Mali was explained primarily by an decrease in product exports in Inorganic chemicals (€-456k or -98.5%), Optical, photo, & film equipment; medical... (€-96.6k or -72.6%), and Food residues & wastes; animal fodder (€-75.3k or -84.1%). In August 2024, the increase in Belgium's year-by-year imports  from Mali was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-3.17M(-45.9%)
IMPORT GROWTH (August 2023 - August 2024)€125k(712%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Mali and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mali and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $110M to Mali. The main products exported from Belgium to Mali were Vaccines, blood, antisera, toxins and cultures ($23.2M), Cars ($13M), and Delivery Trucks ($12M). During the last 5 years the exports of Belgium to Mali have increased at an annualized rate of 0.12%, from $109M in 2017 to $110M in 2022.

In 2017, Mali exported $1.03M to Belgium. The main products exported from Mali to Belgium were Raw Cotton ($575k), Tropical Fruits ($117k), and Gas Turbines ($97.9k). During the last 5 years the exports of Mali to Belgium have decreased at an annualized rate of 17.2%, from $2.63M in 2022 to $1.03M in 2017.

Exports from Belgium (Flag) to Mali (Flag) (2022)

Exports from Mali (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Belgium than Mali included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Mali than Belgium included United Arab Emirates ($5.57B).

Difference in imports from Mali (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Mali

Flow
Scale

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

During 2022, Belgium had a large net trade with Mali in the exports of Chemical Products ($33.7M), Transportation ($31.4M), and Machines ($17.9M).

During 2017, Mali had a large net trade with Belgium in the exports of Textiles ($575k), Machines ($183k), and Vegetable Products ($170k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Mali+$4.73MPackaged Medicaments
Top Product Potential Mali Belgium+$652kGold

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

Product Space of Belgium (Flag) and Mali (Flag) (2022)

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