2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 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
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Mali-Ukraine Trade: In 2023, Mali exported $4.47M to Ukraine. The main products that Mali exported to Ukraine were Gas Turbines ($1.98M), Aircraft parts (gliders, balloons, and powered aircraft) ($960k), and Transmissions ($594k). Over the past 5 years the exports of Mali to Ukraine have increased at an annualized rate of 68.7%, from $327k in 2018 to $4.47M in 2023.

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

Ukraine-Mali Trade: In 2023, Ukraine exported $1.59M to Mali. The main products that Ukraine exported to Mali were Hot-Rolled Iron Bars ($909k), Cold-Rolled Iron ($367k), and Poultry Meat ($189k). Over the past 5 years the exports of Ukraine to Mali have decreased at an annualized rate of 44.7%,  from $30.8M in 2018 to $1.59M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $4.47M to Ukraine. The main products exported from Mali to Ukraine were Gas Turbines ($1.98M), Aircraft parts (gliders, balloons, and powered aircraft) ($960k), and Transmissions ($594k). During the last 5 years the exports of Mali to Ukraine have increased at an annualized rate of 68.7%, from $327k in 2018 to $4.47M in 2023.

In 2018, Ukraine exported $1.59M to Mali. The main products exported from Ukraine to Mali were Hot-Rolled Iron Bars ($909k), Cold-Rolled Iron ($367k), and Poultry Meat ($189k). During the last 5 years the exports of Ukraine to Mali have decreased at an annualized rate of 44.7%, from $30.8M in 2023 to $1.59M in 2018.

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

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

Latest Data

Trade between Mali (Flag) and Ukraine (Flag)

Mali Exports

Ukraine Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Mali than Ukraine included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Australia ($335M).

In 2023, countries that imported more from Ukraine than Mali included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Mali - Ukraine

Flow
Scale

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

During 2023, Mali had a large net trade with Ukraine in the exports of Machines ($3.23M), Transportation ($961k), and Instruments ($219k).

During 2018, Ukraine had a large net trade with Mali in the exports of Metals ($1.28M), Animal Products ($189k), and Foodstuffs ($52.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Ukraine+$3.96kGold
Top Product Potential Ukraine Mali+$3.08kWheat

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

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

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