2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC 
$869CURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC
$27,786CURRENT US$
Rnk 49 / 196
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195

About

Mali-Lithuania Trade: In 2023, Mali exported $64 to Lithuania. The main products that Mali exported to Lithuania were Broadcasting Equipment ($64). Over the past 5 years the exports of Mali to Lithuania have decreased at an annualized rate of 8.17%, from $98 in 2018 to $64 in 2023.

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

Lithuania-Mali Trade: In 2023, Lithuania exported $8.78M to Mali. The main products that Lithuania exported to Mali were Wheat ($8.15M), Plastic Lids ($246k), and Delivery Trucks ($224k). Over the past 5 years the exports of Lithuania to Mali have decreased at an annualized rate of 10.6%,  from $19.2M in 2018 to $8.78M in 2023.

In 2023, Lithuania 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, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $64 to Lithuania. The main products exported from Mali to Lithuania were Broadcasting Equipment ($64). During the last 5 years the exports of Mali to Lithuania have decreased at an annualized rate of 8.17%, from $98 in 2018 to $64 in 2023.

In 2018, Lithuania exported $8.78M to Mali. The main products exported from Lithuania to Mali were Wheat ($8.15M), Plastic Lids ($246k), and Delivery Trucks ($224k). During the last 5 years the exports of Lithuania to Mali have decreased at an annualized rate of 10.6%, from $19.2M in 2023 to $8.78M in 2018.

Exports from Mali (Flag) to Lithuania (Flag) (2023)

Exports from Lithuania (Flag) to Mali (Flag) (2023)

Latest Data

Trade between Mali (Flag) and Lithuania (Flag)

Lithuania Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
Lithuania
Top Destination
Latvia$4.44B

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

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

In 2023, countries that imported more from Lithuania than Mali included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

Difference in imports from Lithuania (Flag) and Mali (Flag) (2023)

Comparative Advantage Mali - Lithuania

Flow
Scale

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

During 2023, Mali had a large net trade with Lithuania in the exports of Machines ($64).

During 2018, Lithuania had a large net trade with Mali in the exports of Vegetable Products ($8.15M), Transportation ($284k), and Plastics and Rubbers ($246k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Lithuania+$4.67kIntegrated Circuits
Top Product Potential Lithuania Mali+$732kWheat

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

Product Space of Mali (Flag) and Lithuania (Flag) (2023)

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