GDP$20.7BCURRENT US$Rnk 119 / 195 GDP GROWTH56%CURRENT US$Rnk 63 / 195
GDP$43BCURRENT US$Rnk 98 / 195 GDP GROWTH11.6%CURRENT US$Rnk 152 / 195 GDP PC $869CURRENT US$Rnk 183 / 195GDP PC GROWTH14.6%CURRENT US$Rnk 120 / 195GDP PC$6,276CURRENT US$Rnk 111 / 196GDP PC GROWTH-2.48%CURRENT US$Rnk 157 / 195In 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 2023, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B). That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).
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 2023, countries that imported more from Mali than Paraguay included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Australia ($335M).
In 2023, countries that imported more from Paraguay than Mali included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).
) and Mali () (2023)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 () (2023)
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