2023
Exports
$24.5MWorld Rnk 11 / 140
Flag Rnk 5 / 630
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$950kWorld Rnk 77 / 191
Flag Rnk 321 / 998
2023
ECONOMIC COMPLEXITY of Mali
-1.41Rnk 125 / 132

About

Exports In 2023, Mali exported $24.5M in Insect Resins, making it the 11th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 5th most exported product in Mali. The main destination of Insect Resins exports from Mali are: India ($21.4M), United States ($1.19M), France ($768k), Germany ($325k), and Morocco ($301k).

The fastest growing export markets for Insect Resins of Mali between 2022 and 2023 were India ($13.2M), United States ($995k), and Germany ($268k).

Imports In 2023, Mali imported $950k in Insect Resins, becoming the 77th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 321st most imported product in Mali. Mali imports Insect Resins primarily from: Greece ($767k), Senegal ($169k), and Spain ($13.9k).

The fastest growing import markets in Insect Resins for Mali between 2022 and 2023 were Senegal ($168k), Greece ($115k), and Spain ($13.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insect Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$24.5M
IMPORTS (2023)$950k
NET TRADE (2023)$23.5M

In 2023, Mali exported $24.5M in Insect Resins. The main destinations of Mali exports on Insect Resins were India ($21.4M), United States ($1.19M), France ($768k), Germany ($325k), and Morocco ($301k).

In 2023, Mali imported $950k in Insect Resins, mainly from Greece ($767k), Senegal ($169k), and Spain ($13.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Mali WERE (2022 - 2023):
India$13.2M (162%)
United States$995k (514%)
Germany$268k (469%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Mali WERE (2022 - 2023):
France-$1.55M (-66.9%)
Belgium-$55.4k (-100%)
Pakistan-$36k (-26.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mali's main exporting competitors in Insect Resins were:
In 2023, Mali's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.16M
TOP IMPORT POTENTIALSenegal+ $3.65k

Insect Resins’s highest export potential is India. With an export gap of $1.16M.   Insect Resins’s highest import potential is Senegal with an import gap of $3.65k.

See methodology.

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