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2022
Flag → Flag
Exports $448kRnk 170 / 209
2022
Flag → Flag
Top Product $111kCompasses
2022
Flag → Flag
Exports $600kRnk 37 / 118
2022
Flag → Flag
Top Product $226kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.3Rnk 133 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH10.6%CURRENT US$
Rnk 114 / 186

About

Norway-Mali Trade: In 2022, Norway exported $448k to Mali. The main products that Norway exported to Mali were Compasses ($111k), Delivery Trucks ($104k), and Surveying Equipment ($56k). Over the past 5 years the exports of Norway to Mali have decreased at an annualized rate of 36.2%, from $4.23M in 2017 to $448k in 2022.

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

Mali-Norway Trade: In 2022, Mali exported $600k to Norway. The main products that Mali exported to Norway were Tropical Fruits ($226k), Rubber Apparel ($150k), and Stone Processing Machines ($98.8k). Over the past 5 years the exports of Mali to Norway have increased at an annualized rate of 6.06%,  from $375k in 2017 to $600k in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK0 and imported NOK582k from Mali, resulting in a negative trade balance of NOK582k. Between July 2023 and July 2024 the exports of Norway have decreased by NOK-734k (-100%) from NOK734k to NOK0, while imports increased by NOK405k (229%) from NOK177k to NOK582k.

Trade In July 2024, the top exports of Norway to Mali were Telecommunications and sound-recording and reproducing apparatus... (NOK104k), Road vehicles (including air-cushion vehicles) (NOK24k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In July 2024 the top imports of Norway from Mali were Machinery specialized for particular industries (NOK12k), Prefabricated buildings; sanitary, plumbing, heating and... (NOK9k), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK6k), Articles of apparel and clothing accessories (NOK5k), and Miscellaneous manufactured articles, n.e.s. (NOK4k).

Growth In July 2024, the decrease in Norway's year-by-year exports to Mali was explained primarily by an decrease in product exports in Professional, scientific and controlling instruments and... (NOK-1.15M or -100%), Office machines and automatic data-processing machines (NOK-47k or -100%), and Manufactures of metals, n.e.s. (NOK-16k or -100%). In July 2024, the increase in Norway's year-by-year imports  from Mali was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK-734k(-100%)
IMPORT GROWTH (July 2023 - July 2024)NOK405k(229%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Mali and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mali and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $448k to Mali. The main products exported from Norway to Mali were Compasses ($111k), Delivery Trucks ($104k), and Surveying Equipment ($56k). During the last 5 years the exports of Norway to Mali have decreased at an annualized rate of 36.2%, from $4.23M in 2017 to $448k in 2022.

In 2017, Mali exported $600k to Norway. The main products exported from Mali to Norway were Tropical Fruits ($226k), Rubber Apparel ($150k), and Stone Processing Machines ($98.8k). During the last 5 years the exports of Mali to Norway have increased at an annualized rate of 6.06%, from $375k in 2022 to $600k in 2017.

Exports from Norway (Flag) to Mali (Flag) (2022)

Exports from Mali (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Norway than Mali included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Difference in imports from Mali (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Mali

Flow
Scale

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

During 2022, Norway had a large net trade with Mali in the exports of Instruments ($180k), Machines ($131k), and Transportation ($115k).

During 2017, Mali had a large net trade with Norway in the exports of Vegetable Products ($226k), Machines ($184k), and Plastics and Rubbers ($152k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Mali+$153kDelivery Trucks
Top Product Potential Mali Norway+$184kTropical Fruits

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

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

Product Space of Norway (Flag) and Mali (Flag) (2022)

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