NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Economic Complexity
Trade -1.41Rank 125 of 132
2022
Economic Complexity
Research -0.6Rank 94 of 140
2023
Product
Exports | Imports $6.64B | $6.46B119 of 226 |  136 of 226
2023
Per Capita Product
Exports | Imports $279 | $272151 of 220 |  198 of 220

About

Overview In 2023, Mali was the number 119 economy in the world in terms of GDP (current US$), the number 119 in total exports, the number 136 in total imports, the number 183 economy in terms of GDP per capita (current US$) and the number 125 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Mali are Gold ($6.28B), Raw Cotton ($54.3M), Other Oily Seeds ($39.1M), Mixed Mineral or Chemical Fertilizers ($28.6M), and Insect Resins ($24.5M), exporting mostly to United Arab Emirates ($4.83B), Switzerland ($1.02B), Australia ($335M), China ($78.5M), and Uganda ($73M).

Imports The top imports of Mali are Refined Petroleum ($1.92B), Broadcasting Equipment ($278M), Cement ($257M), Light Pure Woven Cotton ($222M), and Packaged Medicaments ($159M), importing mostly from Cote d'Ivoire ($1.59B), Senegal ($1.22B), China ($803M), France ($335M), and Burkina Faso ($268M).

Location Mali borders Algeria, Burkina Faso, Cote d'Ivoire, Guinea, Mauritania, Niger, and Senegal by land.

Latest Trends

Latest Trade

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Mali.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Gold$6.28B
Top Destination (2023)United Arab Emirates$4.83B

In 2023, Mali exported a total of $6.64B, making it the number 119 exporter in the world. During the last five reported years the exports of Mali have changed by $1.57B from $5.07B in 2018 to $6.64B in 2023.

The most recent exports are led by Gold ($6.28B), Raw Cotton ($54.3M), Other Oily Seeds ($39.1M), Mixed Mineral or Chemical Fertilizers ($28.6M), and Insect Resins ($24.5M). The most common destination for the exports of Mali are United Arab Emirates ($4.83B), Switzerland ($1.02B), Australia ($335M), China ($78.5M), and Uganda ($73M).

Explore Visualizations

Exports (2023)
[Click to Select a Product]

Destinations (2023)
[Click to Select a Country]

Market Growth

Flow
View
Growth
Fastest Growing Export Markets (2022 - 2023)
Uganda$73M (+ 848k%)
Senegal$25.4M (+ 1.79k%)
France$17.3M (+ 105%)
Fastest Growing Import Markets (2022 - 2023)
China$222M (+ 38.1%)
Cote d'Ivoire$126M (+ 8.58%)
Senegal$84.4M (+ 7.44%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

Type
Flow
Depth
View
Sort By

Subscribe today to OEC pro and access the latest data

Sign Up

Service Trade

Service Trade

Mali Exports Services (2014)$177M
Mali Imports Services (2014)$1.99B

In 2014, Mali exported $177M worth of services. The top services exported by Mali in 2014 were Business travel ($112M), Government services, n.i.e. ($51.6M), Financial services ($6.3M), Transportation ($3.9M), and Other business services ($1.7M).

The top services imported by Mali in 2014 were Government services, n.i.e. ($1B), Transportation ($702M), Other business services ($93.7M), Business travel ($79.8M), and Construction services ($69.2M).

Service Exports (2014)

Service Imports (2014)

Economic Complexity

Overview

Economic Complexity (Trade)-1.41Rank 125 of 132
Economic Complexity (Research)-0.6Rank 94 of 140

Most Specialized Products by RCA Index

Mali has a high level of specialization in Insect Resins (73.5), Gold (37.2), Other Oily Seeds (17.9), Raw Cotton (11.5), and Buckwheat (6.75). Specialization is measured using RCA, an index that takes the ratio between Mali observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Mali according to the product complexity index (PCI) are Military weapons; other than revolvers, pistols and arms of heading no. 9307 (0.44), Buildings; prefabricated (-0.051), Table, kitchen, other household articles and parts, of iron or steel; iron... (-0.16), Oil-cake and other solid residues; whether or not ground or in the... (-1.03), and Fruit, nuts and other edible parts of plants; prepared or preserved in... (-1.05). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Mali according to the relatedness index, were Crude Petroleum (0.039), Cocoa Shells (0.038), Bran (0.037), Other Mineral (0.035), and Coconuts, Brazil Nuts, and Cashews (0.035). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Mali is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Mali. These are products that tend to be co-exported with the products that Mali exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Mali's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 125th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms