2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Mali-Portugal Trade: In 2022, Mali exported $3.16M to Portugal. The main products that Mali exported to Portugal were Raw Cotton ($3.15M), Surveying Equipment ($1.42k), and Wood Ornaments ($1.28k). Over the past 5 years the exports of Mali to Portugal have decreased at an annualized rate of 15.2%, from $7.21M in 2017 to $3.16M in 2022.

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

Portugal-Mali Trade: In 2022, Portugal exported $18.3M to Mali. The main products that Portugal exported to Mali were Flavored Water ($10.5M), Iron Structures ($1.6M), and Iron Wire ($886k). Over the past 5 years the exports of Portugal to Mali have increased at an annualized rate of 11.3%,  from $10.7M in 2017 to $18.3M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mali exported $3.16M to Portugal. The main products exported from Mali to Portugal were Raw Cotton ($3.15M), Surveying Equipment ($1.42k), and Wood Ornaments ($1.28k). During the last 5 years the exports of Mali to Portugal have decreased at an annualized rate of 15.2%, from $7.21M in 2017 to $3.16M in 2022.

In 2017, Portugal exported $18.3M to Mali. The main products exported from Portugal to Mali were Flavored Water ($10.5M), Iron Structures ($1.6M), and Iron Wire ($886k). During the last 5 years the exports of Portugal to Mali have increased at an annualized rate of 11.3%, from $10.7M in 2022 to $18.3M in 2017.

Exports from Mali (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Mali (Flag) (2022)

Latest Data

Trade between Mali (Flag) and Portugal (Flag)

Mali Exports

Portugal Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$5.57B
Portugal
Top Destination
Spain$20.5B

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

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

In 2022, countries that imported more from Portugal than Mali included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal (Flag) and Mali (Flag) (2022)

Comparative Advantage Mali - Portugal

Flow
Scale

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

During 2022, Mali had a large net trade with Portugal in the exports of Textiles ($3.15M), Instruments ($1.42k), and Wood Products ($1.28k).

During 2017, Portugal had a large net trade with Mali in the exports of Foodstuffs ($10.8M), Metals ($3.34M), and Machines ($2.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Portugal+$303kRaw Cotton
Top Product Potential Portugal Mali+$403kIron Structures

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

Product Space of Mali (Flag) and Portugal (Flag) (2022)

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