2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Burkina Faso-Mali In 2022, Burkina Faso exported $304M to Mali. The main products that Burkina Faso exported to Mali are Gold ($171M), Cement ($82.1M), and Raw Iron Bars ($8.59M). During the last 27 years the exports of Burkina Faso to Mali have increased at an annualized rate of 18.1%, from $3.43M in 1995 to $304M in 2022.

In 2022, Burkina Faso did not export any services to Mali.

Mali-Burkina Faso In 2022, Mali exported $18.3M to Burkina Faso. The main products that Mali exported to Burkina Faso were Mixed Mineral or Chemical Fertilizers ($10.8M), Packaged Medicaments ($4.53M), and Carbonates ($872k). During the last 27 years the exports of Mali to Burkina Faso have increased at an annualized rate of 10.9%, from $1.12M in 1995 to $18.3M in 2022.

In 2022, Mali did not export any services to Burkina Faso.

Comparison In 2022,  Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B). That same year, Mali ranked 123 in the Economic Complexity Index (ECI -2.56), and 113 in total exports ($7.56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $304M to Mali. The main products exported from Burkina Faso to Mali were Gold ($171M), Cement ($82.1M), and Raw Iron Bars ($8.59M). During the last 27 years the exports of Burkina Faso to Mali have increased at an annualized rate of 18.1%, from $3.43M in 1995 to $304M in 2022.

In 2022, Mali exported $18.3M to Burkina Faso. The main products exported from Mali to Burkina Faso were Mixed Mineral or Chemical Fertilizers ($10.8M), Packaged Medicaments ($4.53M), and Carbonates ($872k). During the last 27 years the exports of Mali to Burkina Faso have increased at an annualized rate of 10.9%, from $1.12M in 1995 to $18.3M in 2022.

Exports from Burkina Faso (Flag) to Mali (Flag) (2022)

Exports from Mali (Flag) to Burkina Faso (Flag) (2022)

Latest Data

Trade between Burkina Faso (Flag) and Mali (Flag)

Burkina Faso Exports

Mali Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2021, countries that imported more from Burkina Faso than Mali were Switzerland ($6.08B), Singapore ($173M), and Cote d'Ivoire ($171M).

In 2021, countries that imported more from Mali than Burkina Faso were United Arab Emirates ($5.57B), Australia ($405M), and Mauritania ($27.2M).

Difference in imports from Mali (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Mali

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Mali in the exports of Precious Metals ($171M), Mineral Products ($82.6M), and Metals ($15M).

During 2022, Mali had a large net trade with Burkina Faso in the exports of Chemical Products ($17.2M), Plastics and Rubbers ($259k), and Metals ($152k).

Economic Complexity

Competitive Landscape

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

Product Space of Burkina Faso (Flag) and Mali (Flag) (2022)

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