Mali (MLI) and Liberia (LBR) Trade | The Observatory of Economic Complexity

About

Mali-Liberia Trade: In 2021, Mali exported $13.1k to Liberia. The main products that Mali exported to Liberia were N/A. Over the past 5 years the exports of Mali to Liberia have decreased at an annualized rate of 53.2%, from $584k in 2016 to $13.1k in 2021.

In 2021, Mali did not export any services to Liberia.

Liberia-Mali In N/A, Liberia did not export any products to Mali.

In 2021, Liberia 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, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Mali exported $13.1k to Liberia. There were not main exports from Mali to Liberia in 2021. During the last 5 years the exports of Mali to Liberia have decreased at an annualized rate of 53.2%, from $584k in 2016 to $13.1k in 2021.

Liberia does not register exports to Mali.

Exports from Mali () to Liberia () (2021)

Exports from Liberia () to Mali () (2021)

Latest Data

Trade between Mali () and Liberia ()

Mali Exports

Date

Jan 2012

May 2011

Apr 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Liberia
Top DestinationSwitzerland$708M

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

In 2023, countries that imported more from Mali than Liberia included United Arab Emirates ($4.83B), Australia ($335M), and Switzerland ($1.02B).

In 2023, countries that imported more from Liberia than Mali included United Kingdom ($306M), France ($197M), and Germany ($155M).

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

Comparative Advantage Mali - Liberia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Mali had a large net trade with Liberia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Liberia+$975Packaged Medicaments

Top Product Potential Liberia Mali+$3.23kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Liberia () (2021)

Exports from Liberia () to Mali () (2021)

Latest Data

Trade between Mali () and Liberia ()

Mali Exports

Market Competitiveness

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

Comparative Advantage Mali - Liberia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Liberia () (2021)

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