Mali (MLI) and Singapore (SGP) Trade | The Observatory of Economic Complexity

About

Mali-Singapore Trade: In 2023, Mali exported $200k to Singapore. The main products that Mali exported to Singapore were Electrical Capacitors ($46.5k), Glass Mirrors ($40.9k), and Other Measuring Instruments ($29.8k). Over the past 5 years the exports of Mali to Singapore have decreased at an annualized rate of 58.4%, from $16M in 2018 to $200k in 2023.

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

Singapore-Mali Trade: In 2023, Singapore exported $1.76M to Mali. The main products that Singapore exported to Mali were Air Conditioners ($655k), Interchangeable Tool Parts ($238k), and Other Copper Products ($227k). Over the past 5 years the exports of Singapore to Mali have decreased at an annualized rate of 13.6%, from $3.66M in 2018 to $1.76M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $200k to Singapore. The main products exported from Mali to Singapore were Electrical Capacitors ($46.5k), Glass Mirrors ($40.9k), and Other Measuring Instruments ($29.8k). During the last 5 years the exports of Mali to Singapore have decreased at an annualized rate of 58.4%, from $16M in 2018 to $200k in 2023.

In 2018, Singapore exported $1.76M to Mali. The main products exported from Singapore to Mali were Air Conditioners ($655k), Interchangeable Tool Parts ($238k), and Other Copper Products ($227k). During the last 5 years the exports of Singapore to Mali have decreased at an annualized rate of 13.6%, from $3.66M in 2023 to $1.76M in 2018.

Exports from Mali () to Singapore () (2023)

Exports from Singapore () to Mali () (2023)

Latest Data

Trade between Mali () and Singapore ()

Mali Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Mali than Singapore included United Arab Emirates ($4.83B), Burkina Faso ($34.2M), and Central African Republic ($12.5M).

In 2023, countries that imported more from Singapore than Mali included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Mali - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with Singapore in the exports of Machines ($67.9k), Instruments ($53.2k), and Stone And Glass ($40.9k).

During 2018, Singapore had a large net trade with Mali in the exports of Machines ($931k), Metals ($496k), and Chemical Products ($167k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Singapore+$472kIntegrated Circuits

Top Product Potential Singapore Mali+$932kTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Singapore () (2023)

Exports from Singapore () to Mali () (2023)

Latest Data

Trade between Mali () and Singapore ()

Mali Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Mali - Singapore

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Mali () and Singapore () (2023)

Keep Exploring