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2019
Flag → Flag
Exports $2.59MRnk 12 / 0
2019
Flag → Flag
Exports $36.9kRnk 71 / 118
2019
Flag → Flag
Top Product $32.8kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI -2.3Rnk 133 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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 GDP$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH51.3%CURRENT US$
Rnk 58 / 186
2022
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GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
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GDP PC$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH10.6%CURRENT US$
Rnk 114 / 186

About

Iceland-Mali Trade: In 2019, Iceland exported $2.59M to Mali. The main products that Iceland exported to Mali were N/A. Over the past 6 years the exports of Iceland to Mali have increased at an annualized rate of 152%, from $10.1k in 2013 to $2.59M in 2019.

In 2019, Iceland did not export any services to Mali.

Mali-Iceland Trade: In 2019, Mali exported $36.9k to Iceland. The main products that Mali exported to Iceland were Tropical Fruits ($32.8k), Integrated Circuits ($1.82k), and Ball Bearings ($1.33k). Over the past 6 years the exports of Mali to Iceland have increased at an annualized rate of 7.95%,  from $17.2k in 2013 to $36.9k in 2019.

In 2019, Mali did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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 2019, Iceland exported $2.59M to Mali. There were not main exports from Iceland to Mali in 2019. During the last 6 years the exports of Iceland to Mali have increased at an annualized rate of 152%, from $10.1k in 2013 to $2.59M in 2019.

In 2017, Mali exported $36.9k to Iceland. The main products exported from Mali to Iceland were Tropical Fruits ($32.8k), Integrated Circuits ($1.82k), and Ball Bearings ($1.33k). During the last 5 years the exports of Mali to Iceland have increased at an annualized rate of 7.95%, from $17.2k in 2022 to $36.9k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Mali (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Iceland than Mali included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Mali than Iceland included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).

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

Comparative Advantage Iceland - Mali

Flow
Scale

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

During 2019, Iceland had a large net trade with Mali in the exports of .

During 2017, Mali had a large net trade with Iceland in the exports of Vegetable Products ($32.8k), Machines ($3.96k), and Plastics and Rubbers ($62).

Economic Complexity

Competitive Landscape

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

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

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