GDP$18.8BCURRENT US$Rnk 121 / 186 GDP GROWTH51.3%CURRENT US$Rnk 58 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $833CURRENT US$Rnk 173 / 186GDP PC GROWTH10.6%CURRENT US$Rnk 114 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In 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 2022, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Somalia ranked 167 in total exports ($569M), 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 2022, countries that imported more from Mali than Somalia included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).
In 2022, countries that imported more from Somalia than Mali included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).
) and Mali () (2022)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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