2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Mali-Nigeria Trade: In 2022, Mali exported $159k to Nigeria. The main products that Mali exported to Nigeria were Tanned Equine and Bovine Hides ($147k), Brochures ($4.6k), and Broadcasting Equipment ($4.26k). Over the past 5 years the exports of Mali to Nigeria have decreased at an annualized rate of 19.5%, from $472k in 2017 to $159k in 2022.

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

Nigeria-Mali Trade: In 2022, Nigeria exported $17.4M to Mali. The main products that Nigeria exported to Mali were Processed Tobacco ($14.1M), Soups and Broths ($904k), and Centrifuges ($681k). Over the past 5 years the exports of Nigeria to Mali have increased at an annualized rate of 9.43%,  from $3.44M in 2017 to $17.4M in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Latest Data

Trade between Mali (Flag) and Nigeria (Flag)

Mali Exports

Nigeria Exports

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$5.57B
Nigeria
Top Destination
Spain$9.41B

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

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

In 2022, countries that imported more from Nigeria than Mali included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria (Flag) and Mali (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Nigeria+$30.7kEquine and Bovine Hides
Top Product Potential Nigeria Mali+$370kNitrogenous Fertilizers

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

Product Space of Mali (Flag) and Nigeria (Flag) (NaN)

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