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

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Venezuela-Mali Trade: In 2019, Venezuela exported $985 to Mali. The main products that Venezuela exported to Mali were N/A. Over the past 15 years the exports of Venezuela to Mali have increased at an annualized rate of 5.86%, from $419 in 2004 to $985 in 2019.

In 2019, Venezuela did not export any services to Mali.

Mali-Venezuela Trade: In 2019, Mali exported $9 to Venezuela. The main products that Mali exported to Venezuela were N/A. Over the past 15 years the exports of Mali to Venezuela have decreased at an annualized rate of 75.9%, from $11.2k in 2004 to $9 in 2019.

In 2019, Mali did not export any services to Venezuela.

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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 2019, Venezuela exported $985 to Mali. There were not main exports from Venezuela to Mali in 2019. During the last 15 years the exports of Venezuela to Mali have increased at an annualized rate of 5.86%, from $419 in 2004 to $985 in 2019.

In 2008, Mali exported $9 to Venezuela. There were not main exports from Mali to Venezuela in 2008. During the last 5 years the exports of Mali to Venezuela have decreased at an annualized rate of 75.9%, from $11.2k in 2013 to $9 in 2008.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Venezuela than Mali included China ($703M), Turkey ($597M), and Spain ($518M).

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

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

Comparative Advantage Venezuela - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Venezuela had a large net trade with Mali in the exports of .

During 2008, Mali had a large net trade with Venezuela in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Venezuela - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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