2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Canada-Mali Trade: In 2022, Canada exported $18.4M to Mali. The main products that Canada exported to Mali were Cars ($3.06M), Gas Turbines ($2.99M), and Stone Processing Machines ($1.57M). Over the past 5 years the exports of Canada to Mali have decreased at an annualized rate of 8.09%, from $28.1M in 2017 to $18.4M in 2022.

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

Mali-Canada Trade: In 2022, Mali exported $2.8M to Canada. The main products that Mali exported to Canada were Other Processed Fruits and Nuts ($2.37M), Rubber Apparel ($136k), and Microphones and Headphones ($128k). Over the past 5 years the exports of Mali to Canada have increased at an annualized rate of 8.04%,  from $1.9M in 2017 to $2.8M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $18.4M to Mali. The main products exported from Canada to Mali were Cars ($3.06M), Gas Turbines ($2.99M), and Stone Processing Machines ($1.57M). During the last 5 years the exports of Canada to Mali have decreased at an annualized rate of 8.09%, from $28.1M in 2017 to $18.4M in 2022.

In 2017, Mali exported $2.8M to Canada. The main products exported from Mali to Canada were Other Processed Fruits and Nuts ($2.37M), Rubber Apparel ($136k), and Microphones and Headphones ($128k). During the last 5 years the exports of Mali to Canada have increased at an annualized rate of 8.04%, from $1.9M in 2022 to $2.8M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Canada than Mali included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Mali than Canada included United Arab Emirates ($5.57B) and Mauritania ($27.2M).

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

Comparative Advantage Canada - Mali

Flow
Scale

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

During 2022, Canada had a large net trade with Mali in the exports of Machines ($10.3M), Transportation ($3.26M), and Paper Goods ($1.55M).

During 2017, Mali had a large net trade with Canada in the exports of Foodstuffs ($2.38M), Machines ($233k), and Plastics and Rubbers ($138k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Mali+$3.39MCars
Top Product Potential Mali Canada+$748kOther Processed Fruits and Nuts

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

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

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