GDP$20.7BCURRENT US$Rnk 119 / 195 GDP GROWTH56%CURRENT US$Rnk 63 / 195
GDP$11BCURRENT US$Rnk 148 / 195 GDP GROWTH117%CURRENT US$Rnk 8 / 195 GDP PC $869CURRENT US$Rnk 183 / 195GDP PC GROWTH14.6%CURRENT US$Rnk 120 / 195GDP PC$597CURRENT US$Rnk 191 / 196GDP PC GROWTH51.9%CURRENT US$Rnk 45 / 195In N/A, Mali did not export any services to Somalia.
Somalia-Mali In N/A, Somalia did not export any products to Mali.
In N/A, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.
This map shows whether countries import more from Mali or Somalia. Each country is colored based on the difference in imports they receive from Mali and Somalia or the difference in the growth in imports.
In 2023, countries that imported more from Mali than Somalia included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Australia ($335M).
In 2023, countries that imported more from Somalia than Mali included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).
) and Mali () (2023)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.
This visualization shows the product space at the HS4 level with the flags of Mali and Somalia. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Mali.
) and Somalia () (2019)
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