Mali (MLI) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Mali-Venezuela Trade: In 2013, Mali exported $9 to Venezuela. The main products that Mali exported to Venezuela were N/A. Over the past 8 years the exports of Mali to Venezuela have decreased at an annualized rate of 71.1%, from $184k in 2005 to $9 in 2013.

In 2013, Mali did not export any services to Venezuela.

Venezuela-Mali In N/A, Venezuela did not export any products to Mali.

In 2013, Venezuela 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, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Mali exported $9 to Venezuela. There were not main exports from Mali to Venezuela in 2013. During the last 8 years the exports of Mali to Venezuela have decreased at an annualized rate of 71.1%, from $184k in 2005 to $9 in 2013.

Venezuela does not register exports to Mali.

Exports from Mali () to Venezuela () (2019)

Exports from Venezuela () to Mali () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Venezuela
Top DestinationUnited States$3.81B

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

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

In 2023, countries that imported more from Venezuela than Mali included United States ($3.81B), Spain ($670M), and China ($739M).

Difference in imports from Venezuela () and Mali () (2023)

Comparative Advantage Mali - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Mali had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mali () to Venezuela () (2019)

Exports from Venezuela () to Mali () (2019)

Market Competitiveness

Difference in imports from Venezuela () and Mali () (2023)

Comparative Advantage Mali - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Mali () and Venezuela () (2019)

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