2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC 
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Uruguay-Mali Trade: In 2022, Uruguay exported $955k to Mali. The main products that Uruguay exported to Mali were Concentrated Milk ($955k) and Malt Extract ($5). Over the past 5 years the exports of Uruguay to Mali have increased at an annualized rate of 52.3%, from $116k in 2017 to $955k in 2022.

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

Mali-Uruguay In N/A, Mali did not export any products to Uruguay.

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

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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
Value

In 2022, Uruguay exported $955k to Mali. The main products exported from Uruguay to Mali were Concentrated Milk ($955k) and Malt Extract ($5). During the last 5 years the exports of Uruguay to Mali have increased at an annualized rate of 52.3%, from $116k in 2017 to $955k in 2022.

Mali does not register exports to Uruguay. The main products exported from Mali to Uruguay were Electric Heaters ($348).

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

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

Latest Data

Trade between Uruguay (Flag) and Mali (Flag)

Uruguay Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Uruguay than Mali included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

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

Comparative Advantage Uruguay - Mali

Flow
Scale

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

During 2022, Uruguay had a large net trade with Mali in the exports of Animal Products ($955k) and Foodstuffs ($5).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Mali+$127kConcentrated Milk
Top Product Potential Mali Uruguay+$1.98kGold

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

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

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