2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC 
$869CURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Mali-Norway Trade: In 2023, Mali exported $388k to Norway. The main products that Mali exported to Norway were Tropical Fruits ($283k), Other Measuring Instruments ($23.5k), and Medical Instruments ($13.8k). Over the past 5 years the exports of Mali to Norway have increased at an annualized rate of 4.07%, from $318k in 2018 to $388k in 2023.

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

Norway-Mali Trade: In 2023, Norway exported $578k to Mali. The main products that Norway exported to Mali were Computers ($223k), Delivery Trucks ($141k), and Compasses ($72.2k). Over the past 5 years the exports of Norway to Mali have decreased at an annualized rate of 10.4%,  from $2.98M in 2018 to $578k in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $388k to Norway. The main products exported from Mali to Norway were Tropical Fruits ($283k), Other Measuring Instruments ($23.5k), and Medical Instruments ($13.8k). During the last 5 years the exports of Mali to Norway have increased at an annualized rate of 4.07%, from $318k in 2018 to $388k in 2023.

In 2018, Norway exported $578k to Mali. The main products exported from Norway to Mali were Computers ($223k), Delivery Trucks ($141k), and Compasses ($72.2k). During the last 5 years the exports of Norway to Mali have decreased at an annualized rate of 10.4%, from $2.98M in 2023 to $578k in 2018.

Exports from Mali (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to Mali (Flag) (2023)

Latest Data

Trade between Mali (Flag) and Norway (Flag)

Mali Exports

Norway Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Mali than Norway included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Uganda ($73M).

In 2023, countries that imported more from Norway than Mali included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway (Flag) and Mali (Flag) (2023)

Comparative Advantage Mali - Norway

Flow
Scale

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

During 2023, Mali had a large net trade with Norway in the exports of Vegetable Products ($285k), Instruments ($54.8k), and Machines ($39.4k).

During 2018, Norway had a large net trade with Mali in the exports of Machines ($314k), Transportation ($149k), and Instruments ($109k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Norway+$184kTropical Fruits
Top Product Potential Norway Mali+$153kDelivery Trucks

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

Product Space of Mali (Flag) and Norway (Flag) (2023)

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