Mali (MLI) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Mali-Russia Trade: In 2021, Mali exported $652k to Russia. The main products that Mali exported to Russia were N/A. Over the past 5 years the exports of Mali to Russia have decreased at an annualized rate of 34.8%, from $5.53M in 2016 to $652k in 2021.

In 2021, Mali did not export any services to Russia.

Russia-Mali Trade: In 2021, Russia exported $30.8M to Mali. The main products that Russia exported to Mali were N/A. Over the past 5 years the exports of Russia to Mali have decreased at an annualized rate of 9.02%, from $59.6M in 2016 to $30.8M in 2021.

In 2020, Russia exported services to Mali worth $36.8M, with Transportation ($36.8M), Computer and information services ($34k), and Financial services ($19k) being the largest in terms of value.

Comparison: In 2023, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Mali exported $652k to Russia. There were not main exports from Mali to Russia in 2021. During the last 5 years the exports of Mali to Russia have decreased at an annualized rate of 34.8%, from $5.53M in 2016 to $652k in 2021.

In 2016, Russia exported $30.8M to Mali. There were not main exports from Russia to Mali in 2016. During the last 5 years the exports of Russia to Mali have decreased at an annualized rate of 9.02%, from $59.6M in 2021 to $30.8M in 2016.

Exports from Mali () to Russia () (2021)

Exports from Russia () to Mali () (2021)

Latest Data

Trade between Mali () and Russia ()

Mali Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Mali than Russia included Australia ($335M), Central African Republic ($12.5M), and Mauritania ($11.3M).

In 2023, countries that imported more from Russia than Mali included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Mali - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Mali had a large net trade with Russia in the exports of .

During 2016, Russia 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 Russia+$5.63kGold

Top Product Potential Russia Mali+$7.38kRefined 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.

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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Mali worth $36.8M, with Transportation ($36.8M), Computer and information services ($34k), and Financial services ($19k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Mali () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Russia () (2021)

Exports from Russia () to Mali () (2021)

Latest Data

Trade between Mali () and Russia ()

Mali Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Mali - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Mali () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Mali () and Russia () (2021)

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