2023
Flag  
GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
Flag
GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
Flag
 GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 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
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Mali-Namibia Trade: In 2023, Mali exported $2.32k to Namibia. The main products that Mali exported to Namibia were Excavation Machinery ($1.31k), Other Cloth Articles ($797), and Aircraft parts (gliders, balloons, and powered aircraft) ($186). Over the past 5 years the exports of Mali to Namibia have decreased at an annualized rate of 38.9%, from $27.3k in 2018 to $2.32k in 2023.

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

Namibia-Mali Trade: In 2023, Namibia exported $30.8k to Mali. The main products that Namibia exported to Mali were Engine Parts ($23.2k), Knit T-shirts ($6.1k), and Used Rubber Tires ($714). Over the past 5 years the exports of Namibia to Mali have decreased at an annualized rate of 48.5%,  from $854k in 2018 to $30.8k in 2023.

In 2023, Namibia 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, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mali exported $2.32k to Namibia. The main products exported from Mali to Namibia were Excavation Machinery ($1.31k), Other Cloth Articles ($797), and Aircraft parts (gliders, balloons, and powered aircraft) ($186). During the last 5 years the exports of Mali to Namibia have decreased at an annualized rate of 38.9%, from $27.3k in 2018 to $2.32k in 2023.

In 2018, Namibia exported $30.8k to Mali. The main products exported from Namibia to Mali were Engine Parts ($23.2k), Knit T-shirts ($6.1k), and Used Rubber Tires ($714). During the last 5 years the exports of Namibia to Mali have decreased at an annualized rate of 48.5%, from $854k in 2023 to $30.8k in 2018.

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

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

Latest Data

Trade between Mali (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$4.83B
Namibia
Top Destination
South Africa$1.71B

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

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

In 2023, countries that imported more from Namibia than Mali included South Africa ($1.71B), China ($752M), and Botswana ($504M).

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

Comparative Advantage Mali - Namibia

Flow
Scale

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

During 2023, Mali had a large net trade with Namibia in the exports of Machines ($1.31k), Textiles ($797), and Transportation ($186).

During 2018, Namibia had a large net trade with Mali in the exports of Machines ($23.2k), Textiles ($6.1k), and Plastics and Rubbers ($883).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Namibia+$1.89kMicrophones and Headphones
Top Product Potential Namibia Mali+$5.59kCentrifuges

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

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

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