2022
Exports
$12.3MWorld Rnk 50 / 128
Flag Rnk 5 / 626
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$305World Rnk 123 / 130
Flag Rnk 956 / 1000
2022
ECONOMIC COMPLEXITY of Mali
-2.3Rnk 133 / 133

About

Exports In 2022, Mali exported $12.3M in Iron Ore, making it the 50th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 5th most exported product in Mali. The main destination of Iron Ore exports from Mali are: Turkey ($12.2M), China ($142k), and South Africa ($31).

The fastest growing export markets for Iron Ore of Mali between 2021 and 2022 were China ($94.8k) and South Africa ($31).

Imports In 2022, Mali imported $305 in Iron Ore, becoming the 123rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 956th most imported product in Mali. Mali imports Iron Ore primarily from: South Africa ($305).

The fastest growing import markets in Iron Ore for Mali between N/A and 2022 were South Africa ($305).

Latest Trends

Oct 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 Iron Ore. 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 (2022)$12.3M
IMPORTS (2022)$305
NET TRADE (2022)$12.3M

In 2022, Mali exported $12.3M in Iron Ore. The main destinations of Mali exports on Iron Ore were Turkey ($12.2M), China ($142k), and South Africa ($31).

In 2022, Mali imported $305 in Iron Ore, mainly from South Africa ($305).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Mali WERE (2021 - 2022):
China$94.8k (202%)
South Africa$31 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Mali WERE (2021 - 2022):
Turkey-$5.94M (-32.7%)
Canada-$251 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mali's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Mali's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.07M
TOP IMPORT POTENTIALSouth Africa+ $1.38k

Iron Ore’s highest export potential is China. With an export gap of $1.07M.   Iron Ore’s highest import potential is South Africa with an import gap of $1.38k.

See methodology.

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