Mali (MLI) and Romania (ROU) Trade | The Observatory of Economic Complexity

About

Mali-Romania Trade: In 2023, Mali exported $2.97k to Romania. The main products that Mali exported to Romania were Knit Sweaters ($2.9k) and Motor vehicles; parts and accessories (8701 to 8705) ($66). Over the past 6 years the exports of Mali to Romania have decreased at an annualized rate of 34.6%, from $38k in 2017 to $2.97k in 2023.

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

Romania-Mali Trade: In 2023, Romania exported $473k to Mali. The main products that Romania exported to Mali were Margarine ($99k), Other Edible Preparations ($88.3k), and Electrical Power Accessories ($69.5k). Over the past 6 years the exports of Romania to Mali have decreased at an annualized rate of 31%, from $4.4M in 2017 to $473k in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $2.97k to Romania. The main products exported from Mali to Romania were Knit Sweaters ($2.9k) and Motor vehicles; parts and accessories (8701 to 8705) ($66). During the last 6 years the exports of Mali to Romania have decreased at an annualized rate of 34.6%, from $38k in 2017 to $2.97k in 2023.

In 2018, Romania exported $473k to Mali. The main products exported from Romania to Mali were Margarine ($99k), Other Edible Preparations ($88.3k), and Electrical Power Accessories ($69.5k). During the last 5 years the exports of Romania to Mali have decreased at an annualized rate of 31%, from $4.4M in 2023 to $473k in 2018.

Exports from Mali () to Romania () (2023)

Exports from Romania () to Mali () (2023)

Latest Data

Trade between Mali () and Romania ()

Mali Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Mali than Romania included United Arab Emirates ($4.83B), Australia ($335M), and Uganda ($73M).

In 2023, countries that imported more from Romania than Mali included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

Difference in imports from Romania () and Mali () (2023)

Comparative Advantage Mali - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with Romania in the exports of Textiles ($2.9k) and Transportation ($66).

During 2018, Romania had a large net trade with Mali in the exports of Machines ($156k), Animal and Vegetable Bi-Products ($99k), and Foodstuffs ($92.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Romania+$4.71kGold

Top Product Potential Romania Mali+$386kElectrical Control Boards

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Mali and Romania. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Mali.

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Romania () (2023)

Exports from Romania () to Mali () (2023)

Latest Data

Trade between Mali () and Romania ()

Mali Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Mali () (2023)

Comparative Advantage Mali - Romania

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Mali () and Romania () (2023)

Keep Exploring