Armenia (ARM) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Armenia-Mali Trade: In 2019, Armenia exported $79.3k to Mali. The main products that Armenia exported to Mali were N/A. Over the past 8 years the exports of Armenia to Mali have increased at an annualized rate of 19.4%, from $19.3k in 2011 to $79.3k in 2019.

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

Mali-Armenia Trade: In 2019, Mali exported $1.61k to Armenia. The main products that Mali exported to Armenia were Tropical Fruits ($916), Motor vehicles; parts and accessories (8701 to 8705) ($234), and Other Rubber Products ($174). Over the past 8 years the exports of Mali to Armenia have decreased at an annualized rate of 8.27%, from $2.48k in 2011 to $1.61k in 2019.

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

Comparison: In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). 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 2019, Armenia exported $79.3k to Mali. There were not main exports from Armenia to Mali in 2019. During the last 8 years the exports of Armenia to Mali have increased at an annualized rate of 19.4%, from $19.3k in 2011 to $79.3k in 2019.

In 2018, Mali exported $1.61k to Armenia. The main products exported from Mali to Armenia were Tropical Fruits ($916), Motor vehicles; parts and accessories (8701 to 8705) ($234), and Other Rubber Products ($174). During the last 5 years the exports of Mali to Armenia have decreased at an annualized rate of 8.27%, from $2.48k in 2023 to $1.61k in 2018.

Exports from Armenia () to Mali () (2023)

Exports from Mali () to Armenia () (2023)

Latest Data

Trade between Armenia () and Mali ()

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Mali
Top DestinationUnited Arab Emirates$4.83B

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

In 2023, countries that imported more from Armenia than Mali included Russia ($3.38B), Hong Kong ($669M), and China ($425M).

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

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

Comparative Advantage Armenia - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2018, Mali had a large net trade with Armenia in the exports of Vegetable Products ($916), Transportation ($234), and Machines ($175).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Mali+$2.32kGold

Top Product Potential Mali Armenia+$4.61kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Mali () (2023)

Exports from Mali () to Armenia () (2023)

Latest Data

Trade between Armenia () and Mali ()

Mali Exports

Market Competitiveness

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

Comparative Advantage Armenia - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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