Mongolia (MNG) and Mali (MLI) Trade | The Observatory of Economic Complexity

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In N/A, Mongolia did not export any services to Mali.

Mali-Mongolia Trade: In N/A, Mali exported $4.47k to Mongolia. The main products that Mali exported to Mongolia were Other Rubber Products ($4.47k). Over the past N/A years the exports of Mali to Mongolia have decreased at an annualized rate of 40.2%, from $58.6k in N/A to $4.47k in N/A.

In N/A, Mali did not export any services to Mongolia.

Comparison: In 2022, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Mongolia does not register exports to Mali.

In 2017, Mali exported $4.47k to Mongolia. The main products exported from Mali to Mongolia were Other Rubber Products ($4.47k). During the last 5 years the exports of Mali to Mongolia have decreased at an annualized rate of 40.2%, from $58.6k in 2022 to $4.47k in 2017.

Exports from Mongolia () to Mali () (2022)

Exports from Mali () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Mongolia than Mali included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2022, countries that imported more from Mali than Mongolia included United Arab Emirates ($5.57B), Australia ($405M), and Turkey ($55.4M).

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

Comparative Advantage Mongolia - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Mali had a large net trade with Mongolia in the exports of Plastics and Rubbers ($4.47k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Mali+$2.83kGold

Top Product Potential Mali Mongolia+$1.34kPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Mali () (2022)

Exports from Mali () to Mongolia () (2022)

Market Competitiveness

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

Comparative Advantage Mongolia - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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