Senegal (SEN) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Senegal-Mali Trade: In 2023, Senegal exported $1.22B to Mali. The main products that Senegal exported to Mali were Refined Petroleum ($711M), Cement ($114M), and Soups and Broths ($66.6M). Over the past 5 years the exports of Senegal to Mali have increased at an annualized rate of 1.35%, from $1.14B in 2018 to $1.22B in 2023.

In 2023, Senegal did not export any services to Mali.

Mali-Senegal Trade: In 2023, Mali exported $26.9M to Senegal. The main products that Mali exported to Senegal were Prefabricated Buildings ($15.1M), Special purpose motor vehicles ($2.88M), and Palm Oil ($1.76M). Over the past 5 years the exports of Mali to Senegal have decreased at an annualized rate of 24.1%, from $107M in 2018 to $26.9M in 2023.

In 2023, Mali did not export any services to Senegal.

Comparison: In 2023, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $1.22B to Mali. The main products exported from Senegal to Mali were Refined Petroleum ($711M), Cement ($114M), and Soups and Broths ($66.6M). During the last 5 years the exports of Senegal to Mali have increased at an annualized rate of 1.35%, from $1.14B in 2018 to $1.22B in 2023.

In 2018, Mali exported $26.9M to Senegal. The main products exported from Mali to Senegal were Prefabricated Buildings ($15.1M), Special purpose motor vehicles ($2.88M), and Palm Oil ($1.76M). During the last 5 years the exports of Mali to Senegal have decreased at an annualized rate of 24.1%, from $107M in 2023 to $26.9M in 2018.

Exports from Senegal () to Mali () (2023)

Exports from Mali () to Senegal () (2023)

Latest Data

Trade between Senegal () and Mali ()

Senegal Exports

Date

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Mali
Top DestinationUnited Arab Emirates$4.83B

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

In 2023, countries that imported more from Senegal than Mali included India ($681M), China ($310M), and Gambia ($210M).

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

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

Comparative Advantage Senegal - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Mali in the exports of Mineral Products ($848M), Foodstuffs ($129M), and Chemical Products ($65.3M).

During 2018, Mali had a large net trade with Senegal in the exports of Miscellaneous ($15.1M), Transportation ($6.12M), and Animal and Vegetable Bi-Products ($1.87M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Mali+$823kNon-fillet Frozen Fish

Top Product Potential Mali Senegal+$165kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Mali () (2023)

Exports from Mali () to Senegal () (2023)

Latest Data

Trade between Senegal () and Mali ()

Senegal Exports

Mali Exports

Market Competitiveness

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

Comparative Advantage Senegal - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Mali () (2023)

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