Mali (MLI) and Iceland (ISL) Trade | The Observatory of Economic Complexity

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Mali-Iceland Trade: In 2022, Mali exported $36.9k to Iceland. The main products that Mali exported to Iceland were Tropical Fruits ($32.8k), Integrated Circuits ($1.82k), and Ball Bearings ($1.33k). Over the past 5 years the exports of Mali to Iceland have increased at an annualized rate of 16.5%, from $17.2k in 2017 to $36.9k in 2022.

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

Iceland-Mali Trade: In 2022, Iceland exported $2.59M to Mali. The main products that Iceland exported to Mali were N/A. Over the past 5 years the exports of Iceland to Mali have increased at an annualized rate of 114%, from $5.88k in 2017 to $2.59M in 2022.

In 2022, Iceland 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, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $36.9k to Iceland. The main products exported from Mali to Iceland were Tropical Fruits ($32.8k), Integrated Circuits ($1.82k), and Ball Bearings ($1.33k). During the last 5 years the exports of Mali to Iceland have increased at an annualized rate of 16.5%, from $17.2k in 2017 to $36.9k in 2022.

In 2014, Iceland exported $2.59M to Mali. There were not main exports from Iceland to Mali in 2014. During the last 5 years the exports of Iceland to Mali have increased at an annualized rate of 114%, from $5.88k in 2019 to $2.59M in 2014.

Exports from Mali () to Iceland () (2022)

Exports from Iceland () to Mali () (2022)

Latest Data

Trade between Mali () and Iceland ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Iceland
Top DestinationNetherlands$1.97B

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

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

In 2022, countries that imported more from Iceland than Mali included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

Difference in imports from Iceland () and Mali () (2022)

Comparative Advantage Mali - Iceland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Iceland in the exports of Vegetable Products ($32.8k), Machines ($3.96k), and Plastics and Rubbers ($62).

During 2014, Iceland had a large net trade with Mali in the exports of .

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Iceland () (2022)

Exports from Iceland () to Mali () (2022)

Latest Data

Trade between Mali () and Iceland ()

Iceland Exports

Market Competitiveness

Difference in imports from Iceland () and Mali () (2022)

Comparative Advantage Mali - Iceland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Iceland () (2022)

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