2022
Flag  
GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 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 
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Benin-Mali Trade: In 2022, Benin exported $7.69M to Mali. The main products that Benin exported to Mali were Other Oily Seeds ($5.03M), Refined Petroleum ($1.68M), and Fruit Juice ($447k). Over the past 5 years the exports of Benin to Mali have decreased at an annualized rate of 17.4%, from $20M in 2017 to $7.69M in 2022.

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

Mali-Benin Trade: In 2022, Mali exported $2.03M to Benin. The main products that Mali exported to Benin were Large Construction Vehicles ($488k), Special purpose motor vehicles ($400k), and Hand Tools ($273k). Over the past 5 years the exports of Mali to Benin have decreased at an annualized rate of 11.1%,  from $3.65M in 2017 to $2.03M in 2022.

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

Comparison: In 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). 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, Benin exported $7.69M to Mali. The main products exported from Benin to Mali were Other Oily Seeds ($5.03M), Refined Petroleum ($1.68M), and Fruit Juice ($447k). During the last 5 years the exports of Benin to Mali have decreased at an annualized rate of 17.4%, from $20M in 2017 to $7.69M in 2022.

In 2017, Mali exported $2.03M to Benin. The main products exported from Mali to Benin were Large Construction Vehicles ($488k), Special purpose motor vehicles ($400k), and Hand Tools ($273k). During the last 5 years the exports of Mali to Benin have decreased at an annualized rate of 11.1%, from $3.65M in 2022 to $2.03M in 2017.

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

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

Latest Data

Trade between Benin (Flag) and Mali (Flag)

Benin Exports

Mali Exports

Market Competitiveness

Color
Benin
Top Destination
India$448M
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Benin than Mali included India ($448M), Bangladesh ($406M), and Egypt ($41.7M).

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

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

Comparative Advantage Benin - Mali

Flow
Scale

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

During 2022, Benin had a large net trade with Mali in the exports of Vegetable Products ($5.07M), Mineral Products ($1.68M), and Foodstuffs ($496k).

During 2017, Mali had a large net trade with Benin in the exports of Transportation ($905k), Machines ($535k), and Metals ($274k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Mali+$941kRefined Petroleum
Top Product Potential Mali Benin+$106kPackaged Medicaments

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

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

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