Iceland (ISL) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Iceland-Mali Trade: In 2019, Iceland exported $2.68M 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 153%, from $10.1k in 2013 to $2.68M in 2019.

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

Mali-Iceland Trade: In 2019, Mali exported $19.7k to Iceland. The main products that Mali exported to Iceland were Tropical Fruits ($19.7k) and Industrial Fatty Acids, Oils and Alcohols ($20). Over the past 6 years the exports of Mali to Iceland have decreased at an annualized rate of 11%, from $56.2k in 2013 to $19.7k in 2019.

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

Comparison In 2023, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Iceland exported $2.68M 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 153%, from $10.1k in 2013 to $2.68M in 2019.

In 2018, Mali exported $19.7k to Iceland. The main products exported from Mali to Iceland were Tropical Fruits ($19.7k) and Industrial Fatty Acids, Oils and Alcohols ($20). During the last 5 years the exports of Mali to Iceland have decreased at an annualized rate of 11%, from $56.2k in 2023 to $19.7k in 2018.

Exports from Iceland () to Mali () (2023)

Exports from Mali () to Iceland () (2023)

Latest Data

Trade between Iceland () and Mali ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Mali
Top DestinationUnited Arab Emirates$4.83B

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 2023, countries that imported more from Iceland than Mali included Netherlands ($1.97B), Germany ($771M), and United States ($735M).

In 2023, countries that imported more from Mali than Iceland included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Australia ($335M).

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

Comparative Advantage Iceland - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2018, Mali had a large net trade with Iceland in the exports of Vegetable Products ($19.7k) and Chemical Products ($20).

Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Iceland () to Mali () (2023)

Exports from Mali () to Iceland () (2023)

Latest Data

Trade between Iceland () and Mali ()

Iceland Exports

Market Competitiveness

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

Comparative Advantage Iceland - Mali

Economic Complexity

Competitive Landscape

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

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