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Pricing

2022
Flag → Flag
Exports $17.4MRnk 62 / 166
2022
Flag → Flag
Top Product $14.1MProcessed Tobacco
2022
Flag → Flag
Exports $159kRnk 52 / 118
2022
Flag → Flag
Top Product $147kTanned Equine and Bovine Hides
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.3Rnk 133 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH10.6%CURRENT US$
Rnk 114 / 186

About

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 19.5%,  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
Value

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 19.5%, from $472k in 2022 to $159k in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Mali (Flag)

Nigeria Exports

Mali Exports

Market Competitiveness

Color
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 (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Mali

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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.

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

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