2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 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
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Mali-Senegal Trade: In 2023, Mali exported $26.9M to Senegal. The main products that Mali exported to Senegal were Prefabricated Buildings ($15.1M), Special purpose motor vehicles ($2.88M), and Palm Oil ($1.76M). Over the past 5 years the exports of Mali to Senegal have decreased at an annualized rate of 24.1%, from $107M in 2018 to $26.9M in 2023.

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

Senegal-Mali Trade: In 2023, Senegal exported $1.22B to Mali. The main products that Senegal exported to Mali were Refined Petroleum ($711M), Cement ($114M), and Soups and Broths ($66.6M). Over the past 5 years the exports of Senegal to Mali have increased at an annualized rate of 1.35%,  from $1.14B in 2018 to $1.22B in 2023.

In 2023, Senegal 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, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $26.9M to Senegal. The main products exported from Mali to Senegal were Prefabricated Buildings ($15.1M), Special purpose motor vehicles ($2.88M), and Palm Oil ($1.76M). During the last 5 years the exports of Mali to Senegal have decreased at an annualized rate of 24.1%, from $107M in 2018 to $26.9M in 2023.

In 2018, Senegal exported $1.22B to Mali. The main products exported from Senegal to Mali were Refined Petroleum ($711M), Cement ($114M), and Soups and Broths ($66.6M). During the last 5 years the exports of Senegal to Mali have increased at an annualized rate of 1.35%, from $1.14B in 2023 to $1.22B in 2018.

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

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

Latest Data

Trade between Mali (Flag) and Senegal (Flag)

Mali Exports

Senegal Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
Senegal
Top Destination
Mali$1.22B

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

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

In 2023, countries that imported more from Senegal than Mali included India ($681M), China ($310M), and Gambia ($210M).

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

Comparative Advantage Mali - Senegal

Flow
Scale

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

During 2023, Mali had a large net trade with Senegal in the exports of Miscellaneous ($15.1M), Transportation ($6.12M), and Animal and Vegetable Bi-Products ($1.87M).

During 2018, Senegal had a large net trade with Mali in the exports of Mineral Products ($848M), Foodstuffs ($129M), and Chemical Products ($65.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Senegal+$165kDelivery Trucks
Top Product Potential Senegal Mali+$823kNon-fillet Frozen Fish

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

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

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