2022
Exports
$20.2kWorld Rnk 198 / 212
Flag Rnk 221 / 626
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$4.74kWorld Rnk 170 / 187
Flag Rnk 881 / 1000
2022
ECONOMIC COMPLEXITY of Mali
-2.3Rnk 133 / 133

About

Exports In 2022, Mali exported $20.2k in Scrap Iron, making it the 198th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 221st most exported product in Mali. The main destination of Scrap Iron exports from Mali are: Burkina Faso ($8.35k), Niger ($6.04k), Senegal ($3.87k), and Mauritania ($1.97k).

The fastest growing export markets for Scrap Iron of Mali between 2021 and 2022 were Burkina Faso ($8.21k), Niger ($4.61k), and Mauritania ($1.97k).

Imports In 2022, Mali imported $4.74k in Scrap Iron, becoming the 170th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 881st most imported product in Mali. Mali imports Scrap Iron primarily from: Benin ($4.74k).

The fastest growing import markets in Scrap Iron for Mali between 2021 and 2022 were Benin ($4.74k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scrap Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.2k
IMPORTS (2022)$4.74k
NET TRADE (2022)$15.5k

In 2022, Mali exported $20.2k in Scrap Iron. The main destinations of Mali exports on Scrap Iron were Burkina Faso ($8.35k), Niger ($6.04k), Senegal ($3.87k), and Mauritania ($1.97k).

In 2022, Mali imported $4.74k in Scrap Iron, mainly from Benin ($4.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Mali WERE (2021 - 2022):
Burkina Faso$8.21k (5.99k%)
Niger$4.61k (322%)
Mauritania$1.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Mali WERE (2021 - 2022):
Ethiopia-$96.4k (-100%)
Senegal-$9.35k (-70.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mali's main exporting competitors in Scrap Iron were:
In 2022, Mali's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.73k
TOP IMPORT POTENTIALUnited States+ $920

Scrap Iron’s highest export potential is India. With an export gap of $1.73k.   Scrap Iron’s highest import potential is United States with an import gap of $920.

See methodology.

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