2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Azerbaijan-Mali Trade: In 2019, Azerbaijan exported $117k to Mali. The main products that Azerbaijan exported to Mali were N/A. Over the past 8 years the exports of Azerbaijan to Mali have increased at an annualized rate of 12.8%, from $44.7k in 2011 to $117k in 2019.

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

Mali-Azerbaijan In N/A, Mali did not export any products to Azerbaijan.

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

Comparison: In 2022,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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
Value

In 2019, Azerbaijan exported $117k to Mali. There were not main exports from Azerbaijan to Mali in 2019. During the last 8 years the exports of Azerbaijan to Mali have increased at an annualized rate of 12.8%, from $44.7k in 2011 to $117k in 2019.

Mali does not register exports to Azerbaijan. The main products exported from Mali to Azerbaijan were Broadcasting Equipment ($816) and Industrial Printers ($54).

Exports from Azerbaijan (Flag) to Mali (Flag) (2022)

Exports from Mali (Flag) to Azerbaijan (Flag) (2022)

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Azerbaijan than Mali included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Difference in imports from Mali (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Mali

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Mali+$3.09kRefined Petroleum
Top Product Potential Mali Azerbaijan+$5.4kTelephones

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

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

Product Space of Azerbaijan (Flag) and Mali (Flag) (2022)

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