Mali (MLI) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

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Mali-Madagascar Trade: In 2022, Mali exported $145k to Madagascar. The main products that Mali exported to Madagascar were Sculptures ($136k), Mattresses ($1.42k), and Wood Kitchenware ($1.23k). Over the past 5 years the exports of Mali to Madagascar have increased at an annualized rate of 2.56%, from $128k in 2017 to $145k in 2022.

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

Madagascar-Mali Trade: In 2022, Madagascar exported $8.34k to Mali. The main products that Madagascar exported to Mali were Utility Meters ($4.93k), Revolution Counters ($3.01k), and Brochures ($125). Over the past 5 years the exports of Madagascar to Mali have decreased at an annualized rate of 34.2%, from $67.6k in 2017 to $8.34k in 2022.

In 2022, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $145k to Madagascar. The main products exported from Mali to Madagascar were Sculptures ($136k), Mattresses ($1.42k), and Wood Kitchenware ($1.23k). During the last 5 years the exports of Mali to Madagascar have increased at an annualized rate of 2.56%, from $128k in 2017 to $145k in 2022.

In 2017, Madagascar exported $8.34k to Mali. The main products exported from Madagascar to Mali were Utility Meters ($4.93k), Revolution Counters ($3.01k), and Brochures ($125). During the last 5 years the exports of Madagascar to Mali have decreased at an annualized rate of 34.2%, from $67.6k in 2022 to $8.34k in 2017.

Exports from Mali () to Madagascar () (2022)

Exports from Madagascar () to Mali () (2022)

Latest Data

Trade between Mali () and Madagascar ()

Mali Exports

Date

Nov 2012

Sep 2012

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Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Madagascar
Top DestinationUnited States$756M

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

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

In 2022, countries that imported more from Madagascar than Mali included United States ($756M), France ($634M), and China ($538M).

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

Comparative Advantage Mali - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Madagascar in the exports of Arts and Antiques ($136k), Machines ($2.44k), and Miscellaneous ($2.18k).

During 2017, Madagascar had a large net trade with Mali in the exports of Instruments ($8k), Miscellaneous ($148), and Paper Goods ($125).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Madagascar+$2.17kVideo Displays

Top Product Potential Madagascar Mali+$2.46kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Mali and Madagascar. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Mali.

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Madagascar () (2022)

Exports from Madagascar () to Mali () (2022)

Latest Data

Trade between Mali () and Madagascar ()

Mali Exports

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Mali - Madagascar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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