2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC
$869CURRENT US$
Rnk 183 / 196
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195

About

Kuwait-Mali Trade: In 2023, Kuwait exported $5.73k to Mali. The main products that Kuwait exported to Mali were Excavation Machinery ($3.99k) and Used Clothing ($1.74k). Over the past 6 years the exports of Kuwait to Mali have increased at an annualized rate of 2.07%, from $5.07k in 2017 to $5.73k in 2023.

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

Mali-Kuwait Trade: In 2023, Mali exported $4.64k to Kuwait. The main products that Mali exported to Kuwait were Other Animals ($3.64k) and Low-voltage Protection Equipment ($1k). Over the past 6 years the exports of Mali to Kuwait have decreased at an annualized rate of 21.6%,  from $767k in 2017 to $4.64k in 2023.

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

Comparison: In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). 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
Value

In 2023, Kuwait exported $5.73k to Mali. The main products exported from Kuwait to Mali were Excavation Machinery ($3.99k) and Used Clothing ($1.74k). During the last 6 years the exports of Kuwait to Mali have increased at an annualized rate of 2.07%, from $5.07k in 2017 to $5.73k in 2023.

In 2018, Mali exported $4.64k to Kuwait. The main products exported from Mali to Kuwait were Other Animals ($3.64k) and Low-voltage Protection Equipment ($1k). During the last 5 years the exports of Mali to Kuwait have decreased at an annualized rate of 21.6%, from $767k in 2023 to $4.64k in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Mali (Flag)

Kuwait Exports

Mali Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Mali
Top Destination
United Arab Emirates$4.83B

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

In 2023, countries that imported more from Kuwait than Mali included China ($17.4B), India ($9.51B), and Japan ($9.13B).

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

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

Comparative Advantage Kuwait - Mali

Flow
Scale

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

During 2023, Kuwait had a large net trade with Mali in the exports of Machines ($3.99k) and Textiles ($1.74k).

During 2018, Mali had a large net trade with Kuwait in the exports of Animal Products ($3.64k) and Machines ($1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Mali+$17.9kCentrifuges
Top Product Potential Mali Kuwait+$6.77kEngine Parts

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

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

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