Mali (MLI) and Serbia (SRB) Trade | The Observatory of Economic Complexity

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Mali-Serbia Trade: In 2022, Mali exported $45k to Serbia. The main products that Mali exported to Serbia were Tropical Fruits ($30.2k), Other Animals ($14.4k), and Other Iron Products ($201). Over the past 5 years the exports of Mali to Serbia have increased at an annualized rate of 35.4%, from $9.88k in 2017 to $45k in 2022.

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

Serbia-Mali Trade: In 2022, Serbia exported $679k to Mali. The main products that Serbia exported to Mali were Motor vehicles; parts and accessories (8701 to 8705) ($296k), Rubber Tires ($136k), and Rubber Inner Tubes ($107k). Over the past 5 years the exports of Serbia to Mali have increased at an annualized rate of 3.39%, from $574k in 2017 to $679k in 2022.

In 2008, Serbia exported services to Mali worth $60.8k, with Transportation ($31.7k) and Computer and information services ($29.1k) being the largest in terms of value.

Comparison: In 2022, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $45k to Serbia. The main products exported from Mali to Serbia were Tropical Fruits ($30.2k), Other Animals ($14.4k), and Other Iron Products ($201). During the last 5 years the exports of Mali to Serbia have increased at an annualized rate of 35.4%, from $9.88k in 2017 to $45k in 2022.

In 2017, Serbia exported $679k to Mali. The main products exported from Serbia to Mali were Motor vehicles; parts and accessories (8701 to 8705) ($296k), Rubber Tires ($136k), and Rubber Inner Tubes ($107k). During the last 5 years the exports of Serbia to Mali have increased at an annualized rate of 3.39%, from $574k in 2022 to $679k in 2017.

Exports from Mali () to Serbia () (2022)

Exports from Serbia () to Mali () (2022)

Latest Data

Trade between Mali () and Serbia ()

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Serbia
Top DestinationGermany$4B

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

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

In 2022, countries that imported more from Serbia than Mali included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

Difference in imports from Serbia () and Mali () (2022)

Comparative Advantage Mali - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Serbia in the exports of Vegetable Products ($30.2k), Animal Products ($14.4k), and Metals ($201).

During 2017, Serbia had a large net trade with Mali in the exports of Transportation ($296k), Plastics and Rubbers ($267k), and Machines ($41k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Serbia+$42.3kTropical Fruits

Top Product Potential Serbia Mali+$270kMotor vehicles; parts and accessories (8701 to 8705)

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Serbia () (2022)

Exports from Serbia () to Mali () (2022)

Latest Data

Trade between Mali () and Serbia ()

Serbia Exports

Market Competitiveness

Difference in imports from Serbia () and Mali () (2022)

Comparative Advantage Mali - Serbia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Serbia () (2022)

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