Flag Benin / Mali Flag

Exports FlagFlag  (2018): $3.84M, Rnk 25 / 105

Top Product FlagFlag (2018): $2.94M, Refined Petroleum

Exports FlagFlag (2018): $1.61M, Rnk 24 / 90

Top Product FlagFlag (2018): $1.15M, Packaged Medicaments

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

GDP Flag (2018): $10.4B, CURRENT US$
Rnk 141 / 196

GDP GROWTH Flag (2008-2018): 45.2%, CURRENT US$
Rnk 87 / 196

GDP Flag (2018): $17.2B, CURRENT US$
Rnk 119 / 196

GDP GROWTH Flag (2008-2018): 76%, CURRENT US$
Rnk 48 / 196

GDP PC Flag (2018): $902, CURRENT US$
Rnk 173 / 196

GDP PC GROWTH Flag (2008-2018): 9.92%, CURRENT US$
Rnk 123 / 196

GDP PC Flag (2018): $900, CURRENT US$
Rnk 174 / 196

GDP PC GROWTH Flag (2008-2018): 30.2%, CURRENT US$
Rnk 79 / 196

Benin-Mali: In 2018, Benin exported $3.84M to Mali. The main products exported from Benin to Mali were Refined Petroleum ($2.94M), Rubber Tires ($325k), and Fruit Juice ($245k). During the last 22 years the exports of Benin to Mali have increased at an annualized rate of 7.16%, from $839k in 1996 to $3.84M in 2018.

Mali-Benin: In 2018, Mali exported $1.61M to Benin. The main products exported from Mali to Benin were Packaged Medicaments ($1.15M), Electric Motor Parts ($255k), and Excavation Machinery ($58.5k). During the last 22 years the exports of Mali to Benin have increased at an annualized rate of 13.8%, from $94.2k in 1996 to $1.61M in 2018.

Comparison: In 2018, Benin ranked 142 in total exports ($1.27B), and does not have data regarding Economic Complexity Index. That same year, Mali ranked 95 in the Economic Complexity Index (ECI -0.63), and 125 in total exports ($2.86B). In terms of GDP Per Capita, Benin was ranked 173 with a GDP Per Capita of $902, and Mali was ranked 174 with a GDP Per Capita of $900.

Bilateral Trade by Products

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Depth
Value

In 2018, Benin exported $3.84M to Mali. The main products exported from Benin to Mali were Refined Petroleum ($2.94M), Rubber Tires ($325k), and Fruit Juice ($245k). During the last 22 years the exports of Benin to Mali have increased at an annualized rate of 7.16%, from $839k in 1996 to $3.84M in 2018.

In 2018, Mali exported $1.61M to Benin. The main products exported from Mali to Benin were Packaged Medicaments ($1.15M), Electric Motor Parts ($255k), and Excavation Machinery ($58.5k). During the last 22 years the exports of Mali to Benin have increased at an annualized rate of 13.8%, from $94.2k in 1996 to $1.61M in 2018.

Market Competitiveness

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Measure

Benin
Top Destination
: India, $274M

Mali
Top Destination
: United Arab Emirates, $1.33B

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

In 2018, countries that imported more from Benin than Mali were India ($274M), Bangladesh ($216M), and Vietnam ($95.3M).

In 2018, countries that imported more from Mali than Benin were United Arab Emirates ($1.33B), Switzerland ($1.19B), and Uganda ($55M).

Comparative Advantage Benin - Mali

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Depth

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

During 2018, Benin had a large net trade with Mali in the exports of Mineral Products ($2.94M), Foodstuffs ($370k), and Plastics and Rubbers ($345k).

During 2018, Mali had a large net trade with Benin in the exports of Chemical Products ($1.15M), Machines ($391k), and Mineral Products ($44k).

Trade Forecasts

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This section shows a forecast for total trade between Benin 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

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Competitive Landscape

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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 Benin has comparative advantage over Mali. Similarly, the more red a dot/product is, the more Mali has comparative advantage over Benin.