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2023
Economic Complexity
Trade -1.13Rank 115 of 132
2023
Product
Exports | Imports $4.96B | $5.34B129 of 226 |  143 of 226
2023
Per Capita Product
Exports | Imports $987 | $1.06k125 of 220 |  158 of 220

About

Overview In 2023, Mauritania was the number 149 economy in the world in terms of GDP (current US$), the number 129 in total exports, the number 143 in total imports, the number 155 economy in terms of GDP per capita (current US$) and the number 115 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Mauritania are Gold ($1.72B), Iron Ore ($1.67B), Processed Crustaceans ($367M), Non-fillet Frozen Fish ($366M), and Copper Ore ($162M), exporting mostly to China ($1.22B), Switzerland ($673M), Canada ($591M), United Arab Emirates ($463M), and Spain ($343M).

Imports The top imports of Mauritania are Refined Petroleum ($704M), Raw Sugar ($278M), Palm Oil ($222M), Wheat ($209M), and Soybean Oil ($179M), importing mostly from China ($1.04B), United Arab Emirates ($728M), Morocco ($338M), Spain ($294M), and France ($277M).

Location Mauritania borders Algeria, Mali, Morocco, and Senegal by land and Cape Verde by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

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

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.

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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.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Gold$1.72B
Top Destination (2023)China$1.22B

In 2023, Mauritania exported a total of $4.96B, making it the number 129 exporter in the world. During the last five reported years the exports of Mauritania have changed by $305M from $4.65B in 2018 to $4.96B in 2023.

The most recent exports are led by Gold ($1.72B), Iron Ore ($1.67B), Processed Crustaceans ($367M), Non-fillet Frozen Fish ($366M), and Copper Ore ($162M). The most common destination for the exports of Mauritania are China ($1.22B), Switzerland ($673M), Canada ($591M), United Arab Emirates ($463M), and Spain ($343M).

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Exports (2023)
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Destinations (2023)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2022 - 2023)
Switzerland$372M (+ 123%)
Algeria$172M (+ 107%)
Norway$40.8M (+ 86.6%)
Fastest Growing Import Markets (2022 - 2023)
China$106M (+ 11.4%)
Brazil$89.8M (+ 62.2%)
Malaysia$83.2M (+ 76.8%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Mauritania Exports Services (2015)$206M
Mauritania Imports Services (2015)$599M

In 2015, Mauritania exported $206M worth of services. The top services exported by Mauritania in 2015 were Other business services ($124M), Government services, n.i.e. ($43.7M), Sea transport ($26.6M), Business travel ($4.77M), and Air transport ($4.76M).

The top services imported by Mauritania in 2015 were Miscellaneous business, professional, and technical services ($292M), Sea transport ($200M), Government services, n.i.e. ($41.9M), Air transport ($32.6M), and Business travel ($20.6M).

Service Exports (2015)

Service Imports (2015)

Economic Complexity

Most Specialized Products by RCA Index

Mauritania has a high level of specialization in Fish Oil (116), Processed Crustaceans (101), Non-fillet Frozen Fish (63.7), Animal Meal and Pellets (52.7), and Iron Ore (47.1). Specialization is measured using RCA, an index that takes the ratio between Mauritania observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Mauritania according to the product complexity index (PCI) are Machinery parts; used solely or principally with the machinery of heading no.... (1.03), Breathing appliances and gas masks; excluding protective masks having neither mechanical parts... (0.3), Iron or steel (excluding cast iron); tubes and pipes (e.g. welded, riveted... (0.11), Containers for compressed or liquefied gas, of iron or steel (0.038), and Boats, floating structures, other (for e.g. rafts, tanks, coffer-dams, landing stages, buoys... (-0.49). 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 Mauritania according to the relatedness index, were Fish Fillets (0.064), Manganese Ore (0.064), Cocoa Beans (0.06), Tropical Fruits (0.058), and Tin Ores (0.058). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Mauritania 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 Mauritania. These are products that tend to be co-exported with the products that Mauritania exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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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 Mauritania's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 115th⁩ 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.

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ECI (Trade) Ranking by Country

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