Nigeria (NGA) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Nigeria-Mali Trade: In 2023, Nigeria exported $22.3M to Mali. The main products that Nigeria exported to Mali were Processed Tobacco ($10.9M), Artificial Filament Tow ($8.75M), and Electric Generating Sets ($801k). Over the past 5 years the exports of Nigeria to Mali have increased at an annualized rate of 2.62%, from $19.6M in 2018 to $22.3M in 2023.

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

Mali-Nigeria Trade: In 2023, Mali exported $489k to Nigeria. The main products that Mali exported to Nigeria were Motorcycles and cycles ($393k), Tanned Equine and Bovine Hides ($79k), and Processed Bones ($8.87k). Over the past 5 years the exports of Mali to Nigeria have decreased at an annualized rate of 10.3%, from $841k in 2018 to $489k in 2023.

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

Comparison: In 2023, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). That same year, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nigeria exported $22.3M to Mali. The main products exported from Nigeria to Mali were Processed Tobacco ($10.9M), Artificial Filament Tow ($8.75M), and Electric Generating Sets ($801k). During the last 5 years the exports of Nigeria to Mali have increased at an annualized rate of 2.62%, from $19.6M in 2018 to $22.3M in 2023.

In 2018, Mali exported $489k to Nigeria. The main products exported from Mali to Nigeria were Motorcycles and cycles ($393k), Tanned Equine and Bovine Hides ($79k), and Processed Bones ($8.87k). During the last 5 years the exports of Mali to Nigeria have decreased at an annualized rate of 10.3%, from $841k in 2023 to $489k in 2018.

Exports from Nigeria () to Mali () (2023)

Exports from Mali () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Mali ()

Nigeria Exports

Date

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationUnited States$6.29B

Mali
Top DestinationUnited Arab Emirates$4.83B

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

In 2023, countries that imported more from Nigeria than Mali included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Mali than Nigeria included United Arab Emirates ($4.83B), Australia ($335M), and Switzerland ($1.02B).

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

Comparative Advantage Nigeria - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nigeria had a large net trade with Mali in the exports of Foodstuffs ($11.1M), Textiles ($8.75M), and Machines ($809k).

During 2018, Mali had a large net trade with Nigeria in the exports of Transportation ($393k), Animal Hides ($79k), and Animal Products ($8.87k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Mali+$370kNitrogenous Fertilizers

Top Product Potential Mali Nigeria+$30.7kEquine and Bovine Hides

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Mali () (2023)

Exports from Mali () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Mali ()

Nigeria Exports

Mali Exports

Market Competitiveness

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

Comparative Advantage Nigeria - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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