Mali (MLI) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Mali-Australia Trade: In 2023, Mali exported $335M to Australia. The main products that Mali exported to Australia were Gold ($308M), Refined Petroleum ($20.4M), and Packaged Medicaments ($5.88M). Over the past 5 years the exports of Mali to Australia have increased at an annualized rate of 202%, from $1.35M in 2018 to $335M in 2023.

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

Australia-Mali Trade: In 2023, Australia exported $4.85M to Mali. The main products that Australia exported to Mali were Excavation Machinery ($680k), Other Measuring Instruments ($473k), and Stone Processing Machines ($298k). Over the past 5 years the exports of Australia to Mali have decreased at an annualized rate of 31.9%, from $33M in 2018 to $4.85M in 2023.

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

Comparison: In 2023, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $335M to Australia. The main products exported from Mali to Australia were Gold ($308M), Refined Petroleum ($20.4M), and Packaged Medicaments ($5.88M). During the last 5 years the exports of Mali to Australia have increased at an annualized rate of 202%, from $1.35M in 2018 to $335M in 2023.

In 2018, Australia exported $4.85M to Mali. The main products exported from Australia to Mali were Excavation Machinery ($680k), Other Measuring Instruments ($473k), and Stone Processing Machines ($298k). During the last 5 years the exports of Australia to Mali have decreased at an annualized rate of 31.9%, from $33M in 2023 to $4.85M in 2018.

Exports from Mali () to Australia () (2023)

Exports from Australia () to Mali () (2023)

Latest Data

Trade between Mali () and Australia ()

Mali Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Mali than Australia included United Arab Emirates ($4.83B), Uganda ($73M), and Central African Republic ($12.5M).

In 2023, countries that imported more from Australia than Mali included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Mali - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with Australia in the exports of Precious Metals ($309M), Mineral Products ($20.4M), and Chemical Products ($5.89M).

During 2018, Australia had a large net trade with Mali in the exports of Machines ($2.78M), Instruments ($683k), and Metals ($553k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Australia+$593kDelivery Trucks

Top Product Potential Australia Mali+$382kTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Australia () (2023)

Exports from Australia () to Mali () (2023)

Latest Data

Trade between Mali () and Australia ()

Mali Exports

Australia Exports

Market Competitiveness

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

Comparative Advantage Mali - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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