2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Mali-Iran Trade: In 2019, Mali exported $38.7k to Iran. The main products that Mali exported to Iran were N/A. Over the past 13 years the exports of Mali to Iran have decreased at an annualized rate of 20.7%, from $794k in 2006 to $38.7k in 2019.

In 2019, Mali did not export any services to Iran.

Iran-Mali Trade: In 2019, Iran exported $565k to Mali. The main products that Iran exported to Mali were N/A. Over the past 13 years the exports of Iran to Mali have decreased at an annualized rate of 9.98%,  from $956k in 2006 to $565k in 2019.

In 2019, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Mali exported $38.7k to Iran. There were not main exports from Mali to Iran in 2019. During the last 13 years the exports of Mali to Iran have decreased at an annualized rate of 20.7%, from $794k in 2006 to $38.7k in 2019.

In 2016, Iran exported $565k to Mali. There were not main exports from Iran to Mali in 2016. During the last 5 years the exports of Iran to Mali have decreased at an annualized rate of 9.98%, from $956k in 2021 to $565k in 2016.

Exports from Mali (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Mali (Flag) (2021)

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$5.57B
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Mali than Iran included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).

In 2022, countries that imported more from Iran than Mali included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Mali - Iran

Flow
Scale

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

During 2019, Mali had a large net trade with Iran in the exports of .

During 2016, Iran had a large net trade with Mali in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Iran+$3.64kGold
Top Product Potential Iran Mali+$2.75kRefined Petroleum

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

Product Space of Mali (Flag) and Iran (Flag) (2021)

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