Mali (MLI) and Georgia (GEO) Trade | The Observatory of Economic Complexity

About

Mali-Georgia Trade: In 2023, Mali exported $2.94k to Georgia. The main products that Mali exported to Georgia were Plastic Lids ($550), Motor vehicles; parts and accessories (8701 to 8705) ($512), and Refined Petroleum ($250). Over the past 12 years the exports of Mali to Georgia have decreased at an annualized rate of 13.7%, from $17.3k in 2011 to $2.94k in 2023.

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

Georgia-Mali Trade: In 2023, Georgia exported $70.7k to Mali. The main products that Georgia exported to Mali were Flavored Water ($70.7k). Over the past 12 years the exports of Georgia to Mali have decreased at an annualized rate of 22.6%, from $255k in 2011 to $70.7k in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $2.94k to Georgia. The main products exported from Mali to Georgia were Plastic Lids ($550), Motor vehicles; parts and accessories (8701 to 8705) ($512), and Refined Petroleum ($250). During the last 12 years the exports of Mali to Georgia have decreased at an annualized rate of 13.7%, from $17.3k in 2011 to $2.94k in 2023.

In 2018, Georgia exported $70.7k to Mali. The main products exported from Georgia to Mali were Flavored Water ($70.7k). During the last 5 years the exports of Georgia to Mali have decreased at an annualized rate of 22.6%, from $255k in 2023 to $70.7k in 2018.

Exports from Mali () to Georgia () (2023)

Exports from Georgia () to Mali () (2023)

Latest Data

Trade between Mali () and Georgia ()

Mali Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Georgia
Top DestinationAzerbaijan$828M

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

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

In 2023, countries that imported more from Georgia than Mali included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

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

Comparative Advantage Mali - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with Georgia in the exports of Machines ($943), Plastics and Rubbers ($723), and Transportation ($512).

During 2018, Georgia had a large net trade with Mali in the exports of Foodstuffs ($70.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Georgia+$1.51kPackaged Medicaments

Top Product Potential Georgia Mali+$2.22kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Georgia () (2023)

Exports from Georgia () to Mali () (2023)

Latest Data

Trade between Mali () and Georgia ()

Mali Exports

Georgia Exports

Market Competitiveness

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

Comparative Advantage Mali - Georgia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring