Nigeria (NGA) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Nigeria-Mali Trade: In 2022, Nigeria exported $17.4M to Mali. The main products that Nigeria exported to Mali were Processed Tobacco ($14.1M), Soups and Broths ($904k), and Centrifuges ($681k). Over the past 5 years the exports of Nigeria to Mali have increased at an annualized rate of 38.3%, from $3.44M in 2017 to $17.4M in 2022.

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

Mali-Nigeria Trade: In 2022, Mali exported $159k to Nigeria. The main products that Mali exported to Nigeria were Tanned Equine and Bovine Hides ($147k), Brochures ($4.6k), and Broadcasting Equipment ($4.26k). Over the past 5 years the exports of Mali to Nigeria have decreased at an annualized rate of 16.6%, from $472k in 2017 to $159k in 2022.

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

Comparison: In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $17.4M to Mali. The main products exported from Nigeria to Mali were Processed Tobacco ($14.1M), Soups and Broths ($904k), and Centrifuges ($681k). During the last 5 years the exports of Nigeria to Mali have increased at an annualized rate of 38.3%, from $3.44M in 2017 to $17.4M in 2022.

In 2017, Mali exported $159k to Nigeria. The main products exported from Mali to Nigeria were Tanned Equine and Bovine Hides ($147k), Brochures ($4.6k), and Broadcasting Equipment ($4.26k). During the last 5 years the exports of Mali to Nigeria have decreased at an annualized rate of 16.6%, from $472k in 2022 to $159k in 2017.

Exports from Nigeria () to Mali () (2022)

Exports from Mali () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Mali ()

Nigeria Exports

Date

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Nigeria than Mali included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

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

Comparative Advantage Nigeria - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nigeria had a large net trade with Mali in the exports of Foodstuffs ($15.6M), Machines ($699k), and Chemical Products ($642k).

During 2017, Mali had a large net trade with Nigeria in the exports of Animal Hides ($147k), Machines ($5.28k), and Paper Goods ($4.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Mali+$370kNitrogenous Fertilizers

Top Product Potential Mali Nigeria+$30.7kEquine and Bovine Hides

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Mali () (2022)

Exports from Mali () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Mali ()

Nigeria Exports

Mali Exports

Market Competitiveness

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

Comparative Advantage Nigeria - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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