2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
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GDP GROWTH
51.3%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$833CURRENT US$
Rnk 173 / 186
2012-2022
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GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186
2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Mali-Spain Trade: In 2022, Mali exported $1.52M to Spain. The main products that Mali exported to Spain were Beer ($530k), Other Processed Fruits and Nuts ($408k), and Tropical Fruits ($232k). Over the past 5 years the exports of Mali to Spain have decreased at an annualized rate of 14.6%, from $3.35M in 2017 to $1.52M in 2022.

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

Spain-Mali Trade: In 2022, Spain exported $124M to Mali. The main products that Spain exported to Mali were Planes, Helicopters, and/or Spacecraft ($31.1M), Flavored Water ($11.3M), and Soups and Broths ($9.14M). Over the past 5 years the exports of Spain to Mali have increased at an annualized rate of 11.4%,  from $72.5M in 2017 to $124M in 2022.

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

Comparison: In 2022,  Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mali exported $1.52M to Spain. The main products exported from Mali to Spain were Beer ($530k), Other Processed Fruits and Nuts ($408k), and Tropical Fruits ($232k). During the last 5 years the exports of Mali to Spain have decreased at an annualized rate of 14.6%, from $3.35M in 2017 to $1.52M in 2022.

In 2017, Spain exported $124M to Mali. The main products exported from Spain to Mali were Planes, Helicopters, and/or Spacecraft ($31.1M), Flavored Water ($11.3M), and Soups and Broths ($9.14M). During the last 5 years the exports of Spain to Mali have increased at an annualized rate of 11.4%, from $72.5M in 2022 to $124M in 2017.

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

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

Latest Data

Trade between Mali (Flag) and Spain (Flag)

Mali Exports

Spain Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$5.57B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Mali than Spain included United Arab Emirates ($5.57B).

In 2022, countries that imported more from Spain than Mali included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Mali - Spain

Flow
Scale

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

During 2022, Mali had a large net trade with Spain in the exports of Foodstuffs ($938k), Vegetable Products ($329k), and Machines ($162k).

During 2017, Spain had a large net trade with Mali in the exports of Transportation ($38.6M), Foodstuffs ($32.1M), and Machines ($10.4M).

Potential Exports

Potential Exports

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

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

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

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