Mali (MLI) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Mali-North Macedonia Trade: In 2022, Mali exported $3.82k to North Macedonia. The main products that Mali exported to North Macedonia were Shaped Wood ($3.82k). Over the past 7 years the exports of Mali to North Macedonia have increased at an annualized rate of 62.3%, from $129 in 2015 to $3.82k in 2022.

In 2022, Mali did not export any services to North Macedonia.

North Macedonia-Mali Trade: In 2022, North Macedonia exported $5.37k to Mali. The main products that North Macedonia exported to Mali were Electrical Transformers ($5.23k) and Printed Circuit Boards ($138). Over the past 7 years the exports of North Macedonia to Mali have decreased at an annualized rate of 0.62%, from $5.54k in 2015 to $5.37k in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $3.82k to North Macedonia. The main products exported from Mali to North Macedonia were Shaped Wood ($3.82k). During the last 7 years the exports of Mali to North Macedonia have increased at an annualized rate of 62.3%, from $129 in 2015 to $3.82k in 2022.

In 2017, North Macedonia exported $5.37k to Mali. The main products exported from North Macedonia to Mali were Electrical Transformers ($5.23k) and Printed Circuit Boards ($138). During the last 5 years the exports of North Macedonia to Mali have decreased at an annualized rate of 0.62%, from $5.54k in 2022 to $5.37k in 2017.

Exports from Mali () to North Macedonia () (2022)

Exports from North Macedonia () to Mali () (2022)

Latest Data

Trade between Mali () and North Macedonia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

North Macedonia
Top DestinationGermany$3.96B

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

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

In 2022, countries that imported more from North Macedonia than Mali included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Mali () (2022)

Comparative Advantage Mali - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with North Macedonia in the exports of Wood Products ($3.82k).

During 2017, North Macedonia had a large net trade with Mali in the exports of Machines ($5.37k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali North Macedonia+$2.78kGold

Top Product Potential North Macedonia Mali+$12.8kElectrical Transformers

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

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Historical Data

Bilateral Trade by Products

Exports from Mali () to North Macedonia () (2022)

Exports from North Macedonia () to Mali () (2022)

Latest Data

Trade between Mali () and North Macedonia ()

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Mali () (2022)

Comparative Advantage Mali - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and North Macedonia () (2022)

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