Benin (BEN) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Benin-Mali Trade: In 2023, Benin exported $4.67M to Mali. The main products that Benin exported to Mali were Other Oily Seeds ($2.87M), Refined Petroleum ($1.02M), and Fruit Juice ($358k). Over the past 5 years the exports of Benin to Mali have decreased at an annualized rate of 48.8%, from $132M in 2018 to $4.67M in 2023.

In 2023, Benin did not export any services to Mali.

Mali-Benin Trade: In 2023, Mali exported $369k to Benin. The main products that Mali exported to Benin were Semi-Finished Iron ($150k), Packaged Medicaments ($111k), and Vaccines, blood, antisera, toxins and cultures ($62.1k). Over the past 5 years the exports of Mali to Benin have decreased at an annualized rate of 54.5%, from $19M in 2018 to $369k in 2023.

In 2023, Mali did not export any services to Benin.

Comparison: In 2023, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B). 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 2023, Benin exported $4.67M to Mali. The main products exported from Benin to Mali were Other Oily Seeds ($2.87M), Refined Petroleum ($1.02M), and Fruit Juice ($358k). During the last 5 years the exports of Benin to Mali have decreased at an annualized rate of 48.8%, from $132M in 2018 to $4.67M in 2023.

In 2018, Mali exported $369k to Benin. The main products exported from Mali to Benin were Semi-Finished Iron ($150k), Packaged Medicaments ($111k), and Vaccines, blood, antisera, toxins and cultures ($62.1k). During the last 5 years the exports of Mali to Benin have decreased at an annualized rate of 54.5%, from $19M in 2023 to $369k in 2018.

Exports from Benin () to Mali () (2023)

Exports from Mali () to Benin () (2023)

Latest Data

Trade between Benin () and Mali ()

Benin Exports

Date

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Mali
Top DestinationUnited Arab Emirates$4.83B

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

In 2023, countries that imported more from Benin than Mali included Bangladesh ($391M), India ($216M), and Togo ($53.9M).

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

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

Comparative Advantage Benin - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Benin had a large net trade with Mali in the exports of Vegetable Products ($2.87M), Mineral Products ($1.02M), and Foodstuffs ($358k).

During 2018, Mali had a large net trade with Benin in the exports of Chemical Products ($192k), Metals ($150k), and Transportation ($11.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Mali+$941kRefined Petroleum

Top Product Potential Mali Benin+$106kPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Mali () (2023)

Exports from Mali () to Benin () (2023)

Latest Data

Trade between Benin () and Mali ()

Benin Exports

Mali Exports

Market Competitiveness

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

Comparative Advantage Benin - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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