Mali (MLI) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Mali-Italy Trade: In 2022, Mali exported $1.99M to Italy. The main products that Mali exported to Italy were Tanned Goat Hides ($678k), Raw Cotton ($557k), and Other Processed Fruits and Nuts ($208k). Over the past 5 years the exports of Mali to Italy have decreased at an annualized rate of 23.7%, from $7.69M in 2017 to $1.99M in 2022.

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

Italy-Mali Trade: In 2022, Italy exported $46.6M to Mali. The main products that Italy exported to Mali were Railway Cargo Containers ($3.67M), Washing and Bottling Machines ($3.67M), and Prefabricated Buildings ($3.46M). Over the past 5 years the exports of Italy to Mali have decreased at an annualized rate of 6.96%, from $103M in 2017 to $46.6M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $1.99M to Italy. The main products exported from Mali to Italy were Tanned Goat Hides ($678k), Raw Cotton ($557k), and Other Processed Fruits and Nuts ($208k). During the last 5 years the exports of Mali to Italy have decreased at an annualized rate of 23.7%, from $7.69M in 2017 to $1.99M in 2022.

In 2017, Italy exported $46.6M to Mali. The main products exported from Italy to Mali were Railway Cargo Containers ($3.67M), Washing and Bottling Machines ($3.67M), and Prefabricated Buildings ($3.46M). During the last 5 years the exports of Italy to Mali have decreased at an annualized rate of 6.96%, from $103M in 2022 to $46.6M in 2017.

Exports from Mali () to Italy () (2022)

Exports from Italy () to Mali () (2022)

Latest Data

Trade between Mali () and Italy ()

Mali Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Italy
Top DestinationGermany$78.5B

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

In 2022, no countries were registered that imported more from Mali than from Italy.

In 2022, countries that imported more from Italy than Mali included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Mali - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Italy in the exports of Animal Hides ($811k), Textiles ($724k), and Foodstuffs ($208k).

During 2017, Italy had a large net trade with Mali in the exports of Machines ($13.2M), Chemical Products ($5.77M), and Miscellaneous ($4.61M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Italy+$742kRaw Cotton

Top Product Potential Italy Mali+$5.45MPackaged 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 Italy. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Mali.

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Italy () (2022)

Exports from Italy () to Mali () (2022)

Latest Data

Trade between Mali () and Italy ()

Mali Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Mali - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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