Mali (MLI) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Mali-Uruguay Trade: In 2022, Mali exported $348 to Uruguay. The main products that Mali exported to Uruguay were Electric Heaters ($348). Over the past 16 years the exports of Mali to Uruguay have decreased at an annualized rate of 5.75%, from $898 in 2006 to $348 in 2022.

In 2022, Mali did not export any services to Uruguay.

Uruguay-Mali Trade: In 2022, Uruguay exported $955k to Mali. The main products that Uruguay exported to Mali were Concentrated Milk ($955k) and Malt Extract ($5). Over the past 16 years the exports of Uruguay to Mali have increased at an annualized rate of 52.3%, from $116k in 2006 to $955k in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $348 to Uruguay. The main products exported from Mali to Uruguay were Electric Heaters ($348). During the last 16 years the exports of Mali to Uruguay have decreased at an annualized rate of 5.75%, from $898 in 2006 to $348 in 2022.

In 2017, Uruguay exported $955k to Mali. The main products exported from Uruguay to Mali were Concentrated Milk ($955k) and Malt Extract ($5). During the last 5 years the exports of Uruguay to Mali have increased at an annualized rate of 52.3%, from $116k in 2022 to $955k in 2017.

Exports from Mali () to Uruguay () (2022)

Exports from Uruguay () to Mali () (2022)

Latest Data

Trade between Mali () and Uruguay ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Mali than Uruguay included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).

In 2022, countries that imported more from Uruguay than Mali included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

Difference in imports from Uruguay () and Mali () (2022)

Comparative Advantage Mali - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Uruguay in the exports of Machines ($348).

During 2017, Uruguay had a large net trade with Mali in the exports of Animal Products ($955k) and Foodstuffs ($5).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Uruguay+$1.98kGold

Top Product Potential Uruguay Mali+$127kConcentrated Milk

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Uruguay () (2022)

Exports from Uruguay () to Mali () (2022)

Latest Data

Trade between Mali () and Uruguay ()

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Mali () (2022)

Comparative Advantage Mali - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Uruguay () (2022)

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