2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Italy-Mali Trade: In 2022, Italy exported $46.6M to Mali. The main products that Italy exported to Mali were Railway Cargo Containers ($3.67M), Washing and Bottling Machines ($3.67M), and Prefabricated Buildings ($3.46M). Over the past 5 years the exports of Italy to Mali have decreased at an annualized rate of 14.7%, from $103M in 2017 to $46.6M in 2022.

In 2022, Italy did not export any services to Mali.

Mali-Italy Trade: In 2022, Mali exported $1.99M to Italy. The main products that Mali exported to Italy were Tanned Goat Hides ($678k), Raw Cotton ($557k), and Other Processed Fruits and Nuts ($208k). Over the past 5 years the exports of Mali to Italy have decreased at an annualized rate of 23.7%,  from $7.69M in 2017 to $1.99M in 2022.

In 2022, Mali did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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 2022, Italy exported $46.6M to Mali. The main products exported from Italy to Mali were Railway Cargo Containers ($3.67M), Washing and Bottling Machines ($3.67M), and Prefabricated Buildings ($3.46M). During the last 5 years the exports of Italy to Mali have decreased at an annualized rate of 14.7%, from $103M in 2017 to $46.6M in 2022.

In 2017, Mali exported $1.99M to Italy. The main products exported from Mali to Italy were Tanned Goat Hides ($678k), Raw Cotton ($557k), and Other Processed Fruits and Nuts ($208k). During the last 5 years the exports of Mali to Italy have decreased at an annualized rate of 23.7%, from $7.69M in 2022 to $1.99M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Italy than Mali included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Mali than from Italy.

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

Comparative Advantage Italy - Mali

Flow
Scale

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

During 2022, Italy had a large net trade with Mali in the exports of Machines ($13.2M), Chemical Products ($5.77M), and Miscellaneous ($4.61M).

During 2017, Mali had a large net trade with Italy in the exports of Animal Hides ($811k), Textiles ($724k), and Foodstuffs ($208k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Mali+$5.45MPackaged Medicaments
Top Product Potential Mali Italy+$742kRaw Cotton

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with