Mali (MLI) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Mali-Colombia Trade: In 2022, Mali exported $19.4k to Colombia. The main products that Mali exported to Colombia were House Linens ($5.86k), Basketwork ($3.05k), and Imitation Jewellery ($2.87k). Over the past 5 years the exports of Mali to Colombia have decreased at an annualized rate of 14.2%, from $41.7k in 2017 to $19.4k in 2022.

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

Colombia-Mali Trade: In 2022, Colombia exported $345k to Mali. The main products that Colombia exported to Mali were Confectionery Sugar ($345k), Baked Goods ($439), and Plastic Housewares ($2). Over the past 5 years the exports of Colombia to Mali have decreased at an annualized rate of 30.9%, from $2.2M in 2017 to $345k in 2022.

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

Comparison: In 2022, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $19.4k to Colombia. The main products exported from Mali to Colombia were House Linens ($5.86k), Basketwork ($3.05k), and Imitation Jewellery ($2.87k). During the last 5 years the exports of Mali to Colombia have decreased at an annualized rate of 14.2%, from $41.7k in 2017 to $19.4k in 2022.

In 2017, Colombia exported $345k to Mali. The main products exported from Colombia to Mali were Confectionery Sugar ($345k), Baked Goods ($439), and Plastic Housewares ($2). During the last 5 years the exports of Colombia to Mali have decreased at an annualized rate of 30.9%, from $2.2M in 2022 to $345k in 2017.

Exports from Mali () to Colombia () (2022)

Exports from Colombia () to Mali () (2022)

Latest Data

Trade between Mali () and Colombia ()

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Colombia
Top DestinationUnited States$15.6B

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

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

In 2022, countries that imported more from Colombia than Mali included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Mali () (2022)

Comparative Advantage Mali - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Colombia in the exports of Textiles ($7.3k), Wood Products ($3.05k), and Miscellaneous ($3.05k).

During 2017, Colombia had a large net trade with Mali in the exports of Foodstuffs ($345k), Plastics and Rubbers ($2), and Textiles ($1).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Colombia+$5.63kHouse Linens

Top Product Potential Colombia Mali+$96.4kConfectionery Sugar

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Colombia () (2022)

Exports from Colombia () to Mali () (2022)

Latest Data

Trade between Mali () and Colombia ()

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Mali () (2022)

Comparative Advantage Mali - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Colombia () (2022)

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