Mali (MLI) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Mali-Ghana Trade: In 2023, Mali exported $17M to Ghana. The main products that Mali exported to Ghana were Industrial Fatty Acids, Oils and Alcohols ($10.8M), Other Oily Seeds ($3.85M), and Scrap Aluminium ($674k). Over the past 6 years the exports of Mali to Ghana have increased at an annualized rate of 12.2%, from $8.54M in 2017 to $17M in 2023.

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

Ghana-Mali Trade: In 2023, Ghana exported $165M to Mali. The main products that Ghana exported to Mali were Raw Iron Bars ($27M), Other Small Iron Pipes ($20.3M), and Hot-Rolled Iron ($17.6M). Over the past 6 years the exports of Ghana to Mali have increased at an annualized rate of 17.2%, from $74.9M in 2017 to $165M in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $17M to Ghana. The main products exported from Mali to Ghana were Industrial Fatty Acids, Oils and Alcohols ($10.8M), Other Oily Seeds ($3.85M), and Scrap Aluminium ($674k). During the last 6 years the exports of Mali to Ghana have increased at an annualized rate of 12.2%, from $8.54M in 2017 to $17M in 2023.

In 2018, Ghana exported $165M to Mali. The main products exported from Ghana to Mali were Raw Iron Bars ($27M), Other Small Iron Pipes ($20.3M), and Hot-Rolled Iron ($17.6M). During the last 5 years the exports of Ghana to Mali have increased at an annualized rate of 17.2%, from $74.9M in 2023 to $165M in 2018.

Exports from Mali () to Ghana () (2023)

Exports from Ghana () to Mali () (2023)

Latest Data

Trade between Mali () and Ghana ()

Mali Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Mali than Ghana included Australia ($335M), Bahrain ($15.9M), and Central African Republic ($12.5M).

In 2023, countries that imported more from Ghana than Mali included Switzerland ($6.49B), India ($2.26B), and South Africa ($1.85B).

Difference in imports from Ghana () and Mali () (2023)

Comparative Advantage Mali - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with Ghana in the exports of Chemical Products ($10.9M), Vegetable Products ($3.88M), and Metals ($1.53M).

During 2018, Ghana had a large net trade with Mali in the exports of Metals ($92.5M), Chemical Products ($18M), and Plastics and Rubbers ($17.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Ghana+$2.35kGold

Top Product Potential Ghana Mali+$4.96kGold

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Ghana () (2023)

Exports from Ghana () to Mali () (2023)

Latest Data

Trade between Mali () and Ghana ()

Mali Exports

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Mali () (2023)

Comparative Advantage Mali - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Ghana () (2023)

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