Mali (MLI) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Mali-Guatemala Trade: In 2022, Mali exported $10.2k to Guatemala. The main products that Mali exported to Guatemala were Motorcycles and cycles ($3.04k), Broadcasting Equipment ($2.46k), and Revolution Counters ($2.2k). Over the past 13 years the exports of Mali to Guatemala have increased at an annualized rate of 9.87%, from $2.99k in 2009 to $10.2k in 2022.

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

Guatemala-Mali Trade: In 2022, Guatemala exported $31.8k to Mali. The main products that Guatemala exported to Mali were N/A. Over the past 13 years the exports of Guatemala to Mali have increased at an annualized rate of 3.35%, from $27k in 2009 to $31.8k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $10.2k to Guatemala. The main products exported from Mali to Guatemala were Motorcycles and cycles ($3.04k), Broadcasting Equipment ($2.46k), and Revolution Counters ($2.2k). During the last 13 years the exports of Mali to Guatemala have increased at an annualized rate of 9.87%, from $2.99k in 2009 to $10.2k in 2022.

In 2015, Guatemala exported $31.8k to Mali. There were not main exports from Guatemala to Mali in 2015. During the last 5 years the exports of Guatemala to Mali have increased at an annualized rate of 3.35%, from $27k in 2020 to $31.8k in 2015.

Exports from Mali () to Guatemala () (2022)

Exports from Guatemala () to Mali () (2022)

Latest Data

Trade between Mali () and Guatemala ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Guatemala
Top DestinationUnited States$5.23B

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

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

In 2022, countries that imported more from Guatemala than Mali included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Mali - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Guatemala in the exports of Machines ($3.86k), Transportation ($3.04k), and Instruments ($2.42k).

During 2015, Guatemala had a large net trade with Mali in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Guatemala+$12.4kTelephones

Top Product Potential Guatemala Mali+$2.37kPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Guatemala () (2022)

Exports from Guatemala () to Mali () (2022)

Latest Data

Trade between Mali () and Guatemala ()

Guatemala Exports

Market Competitiveness

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

Comparative Advantage Mali - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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