India (IND) and Mali (MLI) Trade | The Observatory of Economic Complexity

About

India-Mali Trade: In 2023, India exported $126M to Mali. The main products that India exported to Mali were Vaccines, blood, antisera, toxins and cultures ($14.8M), Packaged Medicaments ($14.1M), and Light Pure Woven Cotton ($11.8M). Over the past 5 years the exports of India to Mali have decreased at an annualized rate of 4.57%, from $159M in 2018 to $126M in 2023.

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

Mali-India Trade: In 2023, Mali exported $41.7M to India. The main products that Mali exported to India were Insect Resins ($21.4M), Gold ($10.9M), and Raw Cotton ($4.41M). Over the past 5 years the exports of Mali to India have increased at an annualized rate of 2.95%, from $36.1M in 2018 to $41.7M in 2023.

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

Comparison: In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $7.19M and imported $9M from Mali, resulting in a negative trade balance of $1.82M. Between November 2023 and November 2024 the exports of India have decreased by $-9.14M (-56%) from $16.3M to $7.19M, while imports increased by $8.84M (5.39k%) from $164k to $9M.

Growth In November 2024, the decrease in India's year-by-year exports to Mali was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-2.45M or -55.1%), Packaging Materials ($-839k or -93.1%), and Cotton Fabrics, Madeups Etc. ($-785k or -45.8%). In November 2024, the increase in India's year-by-year imports from Mali was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-9.14M(-56%)

IMPORT GROWTH (November 2023 - November 2024)$8.84M(5.39k%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Mali and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mali and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $126M to Mali. The main products exported from India to Mali were Vaccines, blood, antisera, toxins and cultures ($14.8M), Packaged Medicaments ($14.1M), and Light Pure Woven Cotton ($11.8M). During the last 5 years the exports of India to Mali have decreased at an annualized rate of 4.57%, from $159M in 2018 to $126M in 2023.

In 2018, Mali exported $41.7M to India. The main products exported from Mali to India were Insect Resins ($21.4M), Gold ($10.9M), and Raw Cotton ($4.41M). During the last 5 years the exports of Mali to India have increased at an annualized rate of 2.95%, from $36.1M in 2023 to $41.7M in 2018.

Exports from India () to Mali () (2023)

Exports from Mali () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$85.5B

Mali
Top DestinationUnited Arab Emirates$4.83B

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

In 2023, countries that imported more from India than Mali included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Mali than from India.

Difference in imports from Mali () and India () (2023)

Comparative Advantage India - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, India had a large net trade with Mali in the exports of Chemical Products ($33.4M), Textiles ($20.9M), and Machines ($15.8M).

During 2018, Mali had a large net trade with India in the exports of Vegetable Products ($21.8M), Precious Metals ($10.9M), and Textiles ($4.41M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential India Mali+$13.2MPackaged Medicaments

Top Product Potential Mali India+$12.7MGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and Mali. This means that a dot/product with the flag of India indicates it has a comparative advantage over Mali. Similarly, a dot/product with the flag of Mali indicates it has a comparative advantage over India.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Mali () (2023)

Exports from Mali () to India () (2023)

Market Competitiveness

Difference in imports from Mali () and India () (2023)

Comparative Advantage India - Mali

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of India () and Mali () (2023)

Keep Exploring