GDP$18.8BCURRENT US$Rnk 121 / 186 GDP GROWTH51.3%CURRENT US$Rnk 58 / 186
GDP$41.7BCURRENT US$Rnk 96 / 186 GDP GROWTH25.3%CURRENT US$Rnk 110 / 186 GDP PC $833CURRENT US$Rnk 173 / 186GDP PC GROWTH10.6%CURRENT US$Rnk 114 / 186GDP PC$6,153CURRENT US$Rnk 102 / 186GDP PC GROWTH9.46%CURRENT US$Rnk 120 / 186In N/A, Mali did not export any services to Paraguay.
Paraguay-Mali In N/A, Paraguay did not export any products to Mali.
In N/A, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).
This map shows whether countries import more from Mali or Paraguay. Each country is colored based on the difference in imports they receive from Mali and Paraguay or the difference in the growth in imports.
In 2022, countries that imported more from Mali than Paraguay included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).
In 2022, countries that imported more from Paraguay than Mali included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).
) and Mali () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Mali and Paraguay. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Mali.
) and Paraguay () (2020)
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