Mali (MLI) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Mali-Thailand Trade: In 2022, Mali exported $10M to Thailand. The main products that Mali exported to Thailand were Raw Cotton ($9.89M), Integrated Circuits ($51.5k), and Precious Stones ($47.8k). Over the past 5 years the exports of Mali to Thailand have decreased at an annualized rate of 24.6%, from $41.2M in 2017 to $10M in 2022.

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

Thailand-Mali Trade: In 2022, Thailand exported $19.2M to Mali. The main products that Thailand exported to Mali were Electric Batteries ($13.3M), Plastic Lids ($918k), and Tractors ($718k). Over the past 5 years the exports of Thailand to Mali have decreased at an annualized rate of 6.38%, from $26.6M in 2017 to $19.2M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $10M to Thailand. The main products exported from Mali to Thailand were Raw Cotton ($9.89M), Integrated Circuits ($51.5k), and Precious Stones ($47.8k). During the last 5 years the exports of Mali to Thailand have decreased at an annualized rate of 24.6%, from $41.2M in 2017 to $10M in 2022.

In 2017, Thailand exported $19.2M to Mali. The main products exported from Thailand to Mali were Electric Batteries ($13.3M), Plastic Lids ($918k), and Tractors ($718k). During the last 5 years the exports of Thailand to Mali have decreased at an annualized rate of 6.38%, from $26.6M in 2022 to $19.2M in 2017.

Exports from Mali () to Thailand () (2022)

Exports from Thailand () to Mali () (2022)

Latest Data

Trade between Mali () and Thailand ()

Mali Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Mali than Thailand included United Arab Emirates ($5.57B).

In 2022, countries that imported more from Thailand than Mali included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Mali - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Thailand in the exports of Textiles ($9.89M), Machines ($74k), and Precious Metals ($54.4k).

During 2017, Thailand had a large net trade with Mali in the exports of Machines ($14.2M), Plastics and Rubbers ($1.62M), and Transportation ($1.12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Thailand+$683kRaw Cotton

Top Product Potential Thailand Mali+$676kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Thailand () (2022)

Exports from Thailand () to Mali () (2022)

Latest Data

Trade between Mali () and Thailand ()

Mali Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Mali - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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