2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
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GDP GROWTH
22.5%CURRENT US$
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2023
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 GDP
$20.7BCURRENT US$
Rnk 119 / 195
2013-2023
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GDP GROWTH
56%CURRENT US$
Rnk 63 / 195
2023
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GDP PC 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
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2023
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GDP PC
$869CURRENT US$
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2013-2023
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GDP PC GROWTH
14.6%CURRENT US$
Rnk 120 / 195

About

Thailand-Mali Trade: In 2023, Thailand exported $20.1M to Mali. The main products that Thailand exported to Mali were Electric Batteries ($14.4M), Plastic Lids ($969k), and Tractors ($586k). Over the past 5 years the exports of Thailand to Mali have decreased at an annualized rate of 6.34%, from $27.9M in 2018 to $20.1M in 2023.

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

Mali-Thailand Trade: In 2023, Mali exported $5.12M to Thailand. The main products that Mali exported to Thailand were Raw Cotton ($5.01M), Precious Stones ($48.7k), and Integrated Circuits ($15.1k). Over the past 5 years the exports of Mali to Thailand have decreased at an annualized rate of 28.6%,  from $27.6M in 2018 to $5.12M in 2023.

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

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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
Value

In 2023, Thailand exported $20.1M to Mali. The main products exported from Thailand to Mali were Electric Batteries ($14.4M), Plastic Lids ($969k), and Tractors ($586k). During the last 5 years the exports of Thailand to Mali have decreased at an annualized rate of 6.34%, from $27.9M in 2018 to $20.1M in 2023.

In 2018, Mali exported $5.12M to Thailand. The main products exported from Mali to Thailand were Raw Cotton ($5.01M), Precious Stones ($48.7k), and Integrated Circuits ($15.1k). During the last 5 years the exports of Mali to Thailand have decreased at an annualized rate of 28.6%, from $27.6M in 2023 to $5.12M in 2018.

Exports from Thailand (Flag) to Mali (Flag) (2023)

Exports from Mali (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Mali (Flag)

Thailand Exports

Mali Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Mali
Top Destination
United Arab Emirates$4.83B

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

In 2023, countries that imported more from Thailand than Mali included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Mali than Thailand included Central African Republic ($12.5M).

Difference in imports from Mali (Flag) and Thailand (Flag) (2023)

Comparative Advantage Thailand - Mali

Flow
Scale

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

During 2023, Thailand had a large net trade with Mali in the exports of Machines ($14.8M), Plastics and Rubbers ($1.37M), and Transportation ($1.24M).

During 2018, Mali had a large net trade with Thailand in the exports of Textiles ($5.01M), Precious Metals ($57.9k), and Machines ($25.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Mali+$676kCars
Top Product Potential Mali Thailand+$683kRaw Cotton

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

Product Space of Thailand (Flag) and Mali (Flag) (2023)

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