Mali (MLI) and India (IND) Trade | The Observatory of Economic Complexity

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Mali-India Trade: In 2023, Mali exported $41.7M to India. The main products that Mali exported to India were Insect Resins ($21.4M), Gold ($10.9M), and Raw Cotton ($4.41M). Over the past 5 years the exports of Mali to India have increased at an annualized rate of 2.95%, from $36.1M in 2018 to $41.7M in 2023.

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

India-Mali Trade: In 2023, India exported $126M to Mali. The main products that India exported to Mali were Vaccines, blood, antisera, toxins and cultures ($14.8M), Packaged Medicaments ($14.1M), and Light Pure Woven Cotton ($11.8M). Over the past 5 years the exports of India to Mali have decreased at an annualized rate of 4.57%, from $159M in 2018 to $126M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $41.7M to India. The main products exported from Mali to India were Insect Resins ($21.4M), Gold ($10.9M), and Raw Cotton ($4.41M). During the last 5 years the exports of Mali to India have increased at an annualized rate of 2.95%, from $36.1M in 2018 to $41.7M in 2023.

In 2018, India exported $126M to Mali. The main products exported from India to Mali were Vaccines, blood, antisera, toxins and cultures ($14.8M), Packaged Medicaments ($14.1M), and Light Pure Woven Cotton ($11.8M). During the last 5 years the exports of India to Mali have decreased at an annualized rate of 4.57%, from $159M in 2023 to $126M in 2018.

Exports from Mali () to India () (2023)

Exports from India () to Mali () (2023)

Latest Data

Trade between Mali () and India ()

Mali Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

India
Top DestinationUnited States$85.5B

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

In 2023, no countries were registered that imported more from Mali than from India.

In 2023, countries that imported more from India than Mali included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Mali - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with India in the exports of Vegetable Products ($21.8M), Precious Metals ($10.9M), and Textiles ($4.41M).

During 2018, India had a large net trade with Mali in the exports of Chemical Products ($33.4M), Textiles ($20.9M), and Machines ($15.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali India+$12.7MGold

Top Product Potential India Mali+$13.2MPackaged 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mali () to India () (2023)

Exports from India () to Mali () (2023)

Latest Data

Trade between Mali () and India ()

Mali Exports

India Exports

Market Competitiveness

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

Comparative Advantage Mali - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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