2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 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
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Mali-Senegal Trade: In 2022, Mali exported $1.39M to Senegal. The main products that Mali exported to Senegal were Large Construction Vehicles ($378k), Delivery Trucks ($314k), and Palm Oil ($163k). Over the past 5 years the exports of Mali to Senegal have decreased at an annualized rate of 56.9%, from $93.7M in 2017 to $1.39M in 2022.

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

Senegal-Mali Trade: In 2022, Senegal exported $1.13B to Mali. The main products that Senegal exported to Mali were Refined Petroleum ($711M), Cement ($72M), and Soups and Broths ($71.9M). Over the past 5 years the exports of Senegal to Mali have increased at an annualized rate of 12.1%,  from $642M in 2017 to $1.13B in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mali exported $1.39M to Senegal. The main products exported from Mali to Senegal were Large Construction Vehicles ($378k), Delivery Trucks ($314k), and Palm Oil ($163k). During the last 5 years the exports of Mali to Senegal have decreased at an annualized rate of 56.9%, from $93.7M in 2017 to $1.39M in 2022.

In 2017, Senegal exported $1.13B to Mali. The main products exported from Senegal to Mali were Refined Petroleum ($711M), Cement ($72M), and Soups and Broths ($71.9M). During the last 5 years the exports of Senegal to Mali have increased at an annualized rate of 12.1%, from $642M in 2022 to $1.13B in 2017.

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

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

Latest Data

Trade between Mali (Flag) and Senegal (Flag)

Mali Exports

Senegal Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$5.57B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Senegal than Mali included India ($1B), United States ($513M), and Spain ($228M).

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

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 2022, Mali had a large net trade with Senegal in the exports of Transportation ($488k), Machines ($436k), and Chemical Products ($192k).

During 2017, Senegal had a large net trade with Mali in the exports of Mineral Products ($812M), Foodstuffs ($126M), and Vegetable Products ($56.5M).

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) (2022)

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