2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 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
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Mali-Turkey Trade: In 2023, Mali exported $17.1M to Turkey. The main products that Mali exported to Turkey were Gold ($14.8M), Raw Cotton ($1.3M), and Coconuts, Brazil Nuts, and Cashews ($406k). Over the past 5 years the exports of Mali to Turkey have decreased at an annualized rate of 14.9%, from $38.3M in 2018 to $17.1M in 2023.

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

Turkey-Mali Trade: In 2023, Turkey exported $95.5M to Mali. The main products that Turkey exported to Mali were Jewellery ($11.2M), Explosive Ammunition ($5.93M), and Other Edible Preparations ($4.01M). Over the past 5 years the exports of Turkey to Mali have increased at an annualized rate of 0.59%,  from $92.3M in 2018 to $95.5M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $17.1M to Turkey. The main products exported from Mali to Turkey were Gold ($14.8M), Raw Cotton ($1.3M), and Coconuts, Brazil Nuts, and Cashews ($406k). During the last 5 years the exports of Mali to Turkey have decreased at an annualized rate of 14.9%, from $38.3M in 2018 to $17.1M in 2023.

In 2018, Turkey exported $95.5M to Mali. The main products exported from Turkey to Mali were Jewellery ($11.2M), Explosive Ammunition ($5.93M), and Other Edible Preparations ($4.01M). During the last 5 years the exports of Turkey to Mali have increased at an annualized rate of 0.59%, from $92.3M in 2023 to $95.5M in 2018.

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

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

Latest Data

Trade between Mali (Flag) and Turkey (Flag)

Mali Exports

Turkey Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
Turkey
Top Destination
Germany$24.7B

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

In 2023, countries that imported more from Mali than Turkey included Central African Republic ($12.5M).

In 2023, countries that imported more from Turkey than Mali included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage Mali - Turkey

Flow
Scale

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

During 2023, Mali had a large net trade with Turkey in the exports of Precious Metals ($14.8M), Textiles ($1.3M), and Vegetable Products ($773k).

During 2018, Turkey had a large net trade with Mali in the exports of Machines ($18.9M), Foodstuffs ($15.3M), and Precious Metals ($11.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Turkey+$19.3MGold
Top Product Potential Turkey Mali+$4.63MRefined Petroleum

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

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

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