2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Kuwait-Mali Trade: In 2022, Kuwait exported $14.2k to Mali. The main products that Kuwait exported to Mali were Centrifuges ($7.64k), Excavation Machinery ($5.51k), and Used Clothing ($1.07k). Over the past 6 years the exports of Kuwait to Mali have increased at an annualized rate of 55.9%, from $992 in 2016 to $14.2k in 2022.

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

Mali-Kuwait Trade: In 2022, Mali exported $11.9k to Kuwait. The main products that Mali exported to Kuwait were Other Edible Preparations ($4.15k), Engine Parts ($3.34k), and Non-Knit Women's Shirts ($2.06k). Over the past 6 years the exports of Mali to Kuwait have decreased at an annualized rate of 45%,  from $236k in 2016 to $11.9k in 2022.

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

Comparison: In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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, Kuwait exported $14.2k to Mali. The main products exported from Kuwait to Mali were Centrifuges ($7.64k), Excavation Machinery ($5.51k), and Used Clothing ($1.07k). During the last 6 years the exports of Kuwait to Mali have increased at an annualized rate of 55.9%, from $992 in 2016 to $14.2k in 2022.

In 2017, Mali exported $11.9k to Kuwait. The main products exported from Mali to Kuwait were Other Edible Preparations ($4.15k), Engine Parts ($3.34k), and Non-Knit Women's Shirts ($2.06k). During the last 5 years the exports of Mali to Kuwait have decreased at an annualized rate of 45%, from $236k in 2022 to $11.9k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Mali (Flag)

Kuwait Exports

Mali Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Kuwait than Mali included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

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

Comparative Advantage Kuwait - Mali

Flow
Scale

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

During 2022, Kuwait had a large net trade with Mali in the exports of Machines ($13.1k) and Textiles ($1.07k).

During 2017, Mali had a large net trade with Kuwait in the exports of Foodstuffs ($4.15k), Machines ($3.34k), and Textiles ($2.06k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Mali+$17.9kCentrifuges
Top Product Potential Mali Kuwait+$6.77kEngine Parts

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

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

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