2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Norway-Mali Trade: In 2022, Norway exported $448k to Mali. The main products that Norway exported to Mali were Compasses ($111k), Delivery Trucks ($104k), and Surveying Equipment ($56k). Over the past 5 years the exports of Norway to Mali have decreased at an annualized rate of 36.2%, from $4.23M in 2017 to $448k in 2022.

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

Mali-Norway Trade: In 2022, Mali exported $600k to Norway. The main products that Mali exported to Norway were Tropical Fruits ($226k), Rubber Apparel ($150k), and Stone Processing Machines ($98.8k). Over the past 5 years the exports of Mali to Norway have increased at an annualized rate of 9.87%,  from $375k in 2017 to $600k in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). 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, Norway exported $448k to Mali. The main products exported from Norway to Mali were Compasses ($111k), Delivery Trucks ($104k), and Surveying Equipment ($56k). During the last 5 years the exports of Norway to Mali have decreased at an annualized rate of 36.2%, from $4.23M in 2017 to $448k in 2022.

In 2017, Mali exported $600k to Norway. The main products exported from Mali to Norway were Tropical Fruits ($226k), Rubber Apparel ($150k), and Stone Processing Machines ($98.8k). During the last 5 years the exports of Mali to Norway have increased at an annualized rate of 9.87%, from $375k in 2022 to $600k in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Norway than Mali included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Difference in imports from Mali (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Mali

Flow
Scale

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

During 2022, Norway had a large net trade with Mali in the exports of Instruments ($180k), Machines ($131k), and Transportation ($115k).

During 2017, Mali had a large net trade with Norway in the exports of Vegetable Products ($226k), Machines ($184k), and Plastics and Rubbers ($152k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Mali+$153kDelivery Trucks
Top Product Potential Mali Norway+$184kTropical Fruits

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

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

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