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Pricing

2023
Flag → Flag
Exports $77.7MRnk 124 / 220
2023
Flag → Flag
Top Product $15.3MFlavored Water
2023
Flag → Flag
Exports $1.77MRnk 29 / 120
2023
Flag → Flag
Top Product $454kOther Processed Fruits and Nuts
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.41Rnk 125 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH56%CURRENT US$
Rnk 63 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$869CURRENT US$
Rnk 183 / 196
2013-2023
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 120 / 195

About

Spain-Mali Trade: In 2023, Spain exported $77.7M to Mali. The main products that Spain exported to Mali were Flavored Water ($15.3M), Soups and Broths ($11.3M), and Cereal Meal and Pellets ($7.24M). Over the past 5 years the exports of Spain to Mali have increased at an annualized rate of 2.76%, from $67.8M in 2018 to $77.7M in 2023.

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

Mali-Spain Trade: In 2023, Mali exported $1.77M to Spain. The main products that Mali exported to Spain were Other Processed Fruits and Nuts ($454k), Raw Lead ($440k), and Cassava ($284k). Over the past 5 years the exports of Mali to Spain have decreased at an annualized rate of 8.92%,  from $2.82M in 2018 to $1.77M in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €5.59M and imported €209k from Mali, resulting in a positive trade balance of €5.38M. Between November 2023 and November 2024 the exports of Spain have increased by €220k (4.09%) from €5.37M to €5.59M, while imports increased by €164k (369%) from €44.5k to €209k.

Trade In November 2024, the top exports of Spain to Mali were Cereal Meal and Pellets (€1.17M), Soups and Broths (€937k), Flavored Water (€697k), Unglazed Ceramics (€360k), and Quicklime (€284k). In November 2024 the top imports of Spain from Mali were Other Processed Fruits and Nuts (€23.6k), Cassava (€15.6k), Sound Recording Equipment (€1.56k), Imitation Jewellery (€509), and Wood Ornaments (€421).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€2.46M), Madrid (€813k), Cádiz (€582k), Valencia (€430k), and Castellón (€186k), while imports destinations were mainly Barcelona (€111k), Valencia (€89.4k), and Madrid (€8.46k).

Growth In November 2024, the increase in Spain's year-by-year exports to Mali was explained primarily by an increase in product exports in Soups and Broths (€640k or 215%), Unglazed Ceramics (€159k or 78.9%), and Eggs (€76.6k or 328%). In November 2024, the increase in Spain's year-by-year imports  from Mali was explained primarily by an increase in product imports  in Commodities not elsewhere specified (€135 or 135%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€220k(4.09%)
IMPORT GROWTH (November 2023 - November 2024)€164k(369%)
MAIN EXPORTER (November 2024)Barcelona€2.46M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Mali and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mali and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $77.7M to Mali. The main products exported from Spain to Mali were Flavored Water ($15.3M), Soups and Broths ($11.3M), and Cereal Meal and Pellets ($7.24M). During the last 5 years the exports of Spain to Mali have increased at an annualized rate of 2.76%, from $67.8M in 2018 to $77.7M in 2023.

In 2018, Mali exported $1.77M to Spain. The main products exported from Mali to Spain were Other Processed Fruits and Nuts ($454k), Raw Lead ($440k), and Cassava ($284k). During the last 5 years the exports of Mali to Spain have decreased at an annualized rate of 8.92%, from $2.82M in 2023 to $1.77M in 2018.

Exports from Spain (Flag) to Mali (Flag) (2023)

Exports from Mali (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Mali
Top DestinationUnited Arab Emirates$4.83B

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

In 2023, countries that imported more from Spain than Mali included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Mali than Spain included United Arab Emirates ($4.83B) and Uganda ($73M).

Difference in imports from Mali (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Mali

Flow
Scale

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

During 2023, Spain had a large net trade with Mali in the exports of Foodstuffs ($33.8M), Vegetable Products ($9.19M), and Chemical Products ($8.36M).

During 2018, Mali had a large net trade with Spain in the exports of Foodstuffs ($552k), Metals ($443k), and Vegetable Products ($344k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Mali+$1.86MDelivery Trucks
Top Product Potential Mali Spain+$441kOther Processed Fruits and Nuts

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

Product Space of Spain (Flag) and Mali (Flag) (2023)

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