Romania (ROU) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Romania-Mali Trade: In 2022, Romania exported $1.69M to Mali. The main products that Romania exported to Mali were Electrical Power Accessories ($347k), Electrical Control Boards ($312k), and Coated Metal Soldering Products ($196k). Over the past 5 years the exports of Romania to Mali have decreased at an annualized rate of 9.08%, from $2.72M in 2017 to $1.69M in 2022.

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

Mali-Romania Trade: In 2022, Mali exported $332 to Romania. The main products that Mali exported to Romania were N/A. Over the past 5 years the exports of Mali to Romania have decreased at an annualized rate of 62.1%, from $112k in 2017 to $332 in 2022.

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

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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

In 2022, Romania exported $1.69M to Mali. The main products exported from Romania to Mali were Electrical Power Accessories ($347k), Electrical Control Boards ($312k), and Coated Metal Soldering Products ($196k). During the last 5 years the exports of Romania to Mali have decreased at an annualized rate of 9.08%, from $2.72M in 2017 to $1.69M in 2022.

In 2016, Mali exported $332 to Romania. There were not main exports from Mali to Romania in 2016. During the last 5 years the exports of Mali to Romania have decreased at an annualized rate of 62.1%, from $112k in 2021 to $332 in 2016.

Exports from Romania () to Mali () (2022)

Exports from Mali () to Romania () (2022)

Latest Data

Trade between Romania () and Mali ()

Romania Exports

Date

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Romania than Mali included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

Comparative Advantage Romania - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Mali in the exports of Machines ($818k), Metals ($368k), and Animal and Vegetable Bi-Products ($186k).

During 2016, Mali had a large net trade with Romania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Mali+$386kElectrical Control Boards

Top Product Potential Mali Romania+$4.71kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Mali () (2022)

Exports from Mali () to Romania () (2022)

Latest Data

Trade between Romania () and Mali ()

Romania Exports

Mali Exports

Market Competitiveness

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

Comparative Advantage Romania - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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