2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 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 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Guinea-Mali Trade: In 2019, Guinea exported $8.48M to Mali. The main products that Guinea exported to Mali were N/A. Over the past 5 years the exports of Guinea to Mali have decreased at an annualized rate of 13.2%, from $17.2M in 2014 to $8.48M in 2019.

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

Mali-Guinea Trade: In 2019, Mali exported $25.4M to Guinea. The main products that Mali exported to Guinea were N/A. Over the past 5 years the exports of Mali to Guinea have increased at an annualized rate of 11.2%,  from $14.9M in 2014 to $25.4M in 2019.

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

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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, Guinea exported $8.48M to Mali. There were not main exports from Guinea to Mali in 2019. During the last 9 years the exports of Guinea to Mali have decreased at an annualized rate of 3,15%, from $3.04k in 2013 to $8.48M in 2019.

In 2014, Mali exported $25.4M to Guinea. There were not main exports from Mali to Guinea in 2014. During the last 5 years the exports of Mali to Guinea have increased at an annualized rate of 18,6%, from $119k in 2022 to $25.4M in 2014.

Exports from Guinea (Flag) to Mali (Flag) (2019)

Exports from Mali (Flag) to Guinea (Flag) (2019)

Latest Data

Trade between Guinea (Flag) and Mali (Flag)

Mali Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Guinea than Mali included China ($3.81B), India ($2.77B), and Spain ($211M).

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

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

Comparative Advantage Guinea - Mali

Flow
Scale

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

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

During 2014, Mali had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Mali+$5.85kGold
Top Product Potential Mali Guinea+$3.07kGold

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

Product Space of Guinea (Flag) and Mali (Flag) (2019)

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