2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$869CURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Mali-United Kingdom Trade: In 2023, Mali exported $3.35M to United Kingdom. The main products that Mali exported to United Kingdom were Thermostats ($2.12M), Tropical Fruits ($320k), and Other Processed Fruits and Nuts ($209k). Over the past 5 years the exports of Mali to United Kingdom have increased at an annualized rate of 14.4%, from $1.71M in 2018 to $3.35M in 2023.

In 2023, Mali did not export any services to United Kingdom.

United Kingdom-Mali Trade: In 2023, United Kingdom exported $20.2M to Mali. The main products that United Kingdom exported to Mali were Acrylic Polymers ($2.32M), Broadcasting Equipment ($2.05M), and Industrial Fatty Acids, Oils and Alcohols ($1.18M). Over the past 5 years the exports of United Kingdom to Mali have decreased at an annualized rate of 27.8%,  from $103M in 2018 to $20.2M in 2023.

In 2023, United Kingdom did not export any services to Mali.

Comparison: In 2023,  Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $3.35M to United Kingdom. The main products exported from Mali to United Kingdom were Thermostats ($2.12M), Tropical Fruits ($320k), and Other Processed Fruits and Nuts ($209k). During the last 5 years the exports of Mali to United Kingdom have increased at an annualized rate of 14.4%, from $1.71M in 2018 to $3.35M in 2023.

In 2018, United Kingdom exported $20.2M to Mali. The main products exported from United Kingdom to Mali were Acrylic Polymers ($2.32M), Broadcasting Equipment ($2.05M), and Industrial Fatty Acids, Oils and Alcohols ($1.18M). During the last 5 years the exports of United Kingdom to Mali have decreased at an annualized rate of 27.8%, from $103M in 2023 to $20.2M in 2018.

Exports from Mali (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Mali (Flag) (2023)

Latest Data

Trade between Mali (Flag) and United Kingdom (Flag)

Mali Exports

United Kingdom Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
United Kingdom
Top Destination
United States$59.7B

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

In 2023, countries that imported more from Mali than United Kingdom included Central African Republic ($12.5M).

In 2023, countries that imported more from United Kingdom than Mali included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Mali (Flag) (2023)

Comparative Advantage Mali - United Kingdom

Flow
Scale

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

During 2023, Mali had a large net trade with United Kingdom in the exports of Instruments ($2.21M), Vegetable Products ($372k), and Machines ($215k).

During 2018, United Kingdom had a large net trade with Mali in the exports of Machines ($7.76M), Plastics and Rubbers ($3.63M), and Chemical Products ($2.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali United Kingdom+$14.7MGold
Top Product Potential United Kingdom Mali+$2.96MPackaged Medicaments

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

Product Space of Mali (Flag) and United Kingdom (Flag) (2023)

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