2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 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 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC
$833CURRENT US$
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2012-2022
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GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Spain-Mali Trade: In 2022, Spain exported $124M to Mali. The main products that Spain exported to Mali were Planes, Helicopters, and/or Spacecraft ($31.1M), Flavored Water ($11.3M), and Soups and Broths ($9.14M). Over the past 5 years the exports of Spain to Mali have increased at an annualized rate of 11.4%, from $72.5M in 2017 to $124M in 2022.

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

Mali-Spain Trade: In 2022, Mali exported $1.52M to Spain. The main products that Mali exported to Spain were Beer ($530k), Other Processed Fruits and Nuts ($408k), and Tropical Fruits ($232k). Over the past 5 years the exports of Mali to Spain have decreased at an annualized rate of 14.6%,  from $3.35M in 2017 to $1.52M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). 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, Spain exported $124M to Mali. The main products exported from Spain to Mali were Planes, Helicopters, and/or Spacecraft ($31.1M), Flavored Water ($11.3M), and Soups and Broths ($9.14M). During the last 5 years the exports of Spain to Mali have increased at an annualized rate of 11.4%, from $72.5M in 2017 to $124M in 2022.

In 2017, Mali exported $1.52M to Spain. The main products exported from Mali to Spain were Beer ($530k), Other Processed Fruits and Nuts ($408k), and Tropical Fruits ($232k). During the last 5 years the exports of Mali to Spain have decreased at an annualized rate of 14.6%, from $3.35M in 2022 to $1.52M in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Spain than Mali included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Mali

Flow
Scale

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

During 2022, Spain had a large net trade with Mali in the exports of Transportation ($38.6M), Foodstuffs ($32.1M), and Machines ($10.4M).

During 2017, Mali had a large net trade with Spain in the exports of Foodstuffs ($938k), Vegetable Products ($329k), and Machines ($162k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Mali+$1.86MDelivery Trucks
Top Product Potential Mali Spain+$441kOther 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 Spain and Mali. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Mali. Similarly, a dot/product with the flag of Mali indicates it has a comparative advantage over Spain.

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

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