2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$869CURRENT US$
Rnk 183 / 196
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195

About

Chile-Mali Trade: In 2023, Chile exported $368k to Mali. The main products that Chile exported to Mali were Excavation Machinery ($143k), Delivery Trucks ($75.2k), and Other Engines ($45.8k). Over the past 5 years the exports of Chile to Mali have decreased at an annualized rate of 27.2%, from $1.81M in 2018 to $368k in 2023.

In 2023, Chile did not export any services to Mali.

Mali-Chile Trade: In 2023, Mali exported $6.99k to Chile. The main products that Mali exported to Chile were Machinery Having Individual Functions ($4.38k), Integrated Circuits ($1.62k), and Office Machine Parts ($719). Over the past 5 years the exports of Mali to Chile have decreased at an annualized rate of 28.4%,  from $37.1k in 2018 to $6.99k in 2023.

In 2023, Mali did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $368k to Mali. The main products exported from Chile to Mali were Excavation Machinery ($143k), Delivery Trucks ($75.2k), and Other Engines ($45.8k). During the last 5 years the exports of Chile to Mali have decreased at an annualized rate of 27.2%, from $1.81M in 2018 to $368k in 2023.

In 2018, Mali exported $6.99k to Chile. The main products exported from Mali to Chile were Machinery Having Individual Functions ($4.38k), Integrated Circuits ($1.62k), and Office Machine Parts ($719). During the last 5 years the exports of Mali to Chile have decreased at an annualized rate of 28.4%, from $37.1k in 2023 to $6.99k in 2018.

Exports from Chile (Flag) to Mali (Flag) (2023)

Exports from Mali (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Mali
Top Destination
United Arab Emirates$4.83B

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

In 2023, countries that imported more from Chile than Mali included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Mali than Chile included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Uganda ($73M).

Difference in imports from Mali (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - Mali

Flow
Scale

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

During 2023, Chile had a large net trade with Mali in the exports of Machines ($243k), Transportation ($75.2k), and Metals ($28.1k).

During 2018, Mali had a large net trade with Chile in the exports of Machines ($6.71k) and Footwear and Headwear ($275).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Mali+$192kExcavation Machinery
Top Product Potential Mali Chile+$2.11kPackaged Medicaments

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

Product Space of Chile (Flag) and Mali (Flag) (2023)

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