Bosnia and Herzegovina (BIH) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Mali Trade: In 2022, Bosnia and Herzegovina exported $257k to Mali. The main products that Bosnia and Herzegovina exported to Mali were Motor vehicles; parts and accessories (8701 to 8705) ($125k), Kraft Paper ($59.7k), and Combustion Engines ($37.2k). Over the past 5 years the exports of Bosnia and Herzegovina to Mali have increased at an annualized rate of 208%, from $927 in 2017 to $257k in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Mali.

Mali-Bosnia and Herzegovina Trade: In 2022, Mali exported $73 to Bosnia and Herzegovina. The main products that Mali exported to Bosnia and Herzegovina were Razor Blades ($66) and Semiconductor Devices ($7). Over the past 5 years the exports of Mali to Bosnia and Herzegovina have decreased at an annualized rate of 48.6%, from $2.03k in 2017 to $73 in 2022.

In 2022, Mali did not export any services to Bosnia and Herzegovina.

Comparison: In 2022, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bosnia and Herzegovina exported $257k to Mali. The main products exported from Bosnia and Herzegovina to Mali were Motor vehicles; parts and accessories (8701 to 8705) ($125k), Kraft Paper ($59.7k), and Combustion Engines ($37.2k). During the last 5 years the exports of Bosnia and Herzegovina to Mali have increased at an annualized rate of 208%, from $927 in 2017 to $257k in 2022.

In 2017, Mali exported $73 to Bosnia and Herzegovina. The main products exported from Mali to Bosnia and Herzegovina were Razor Blades ($66) and Semiconductor Devices ($7). During the last 5 years the exports of Mali to Bosnia and Herzegovina have decreased at an annualized rate of 48.6%, from $2.03k in 2022 to $73 in 2017.

Exports from Bosnia and Herzegovina () to Mali () (2022)

Exports from Mali () to Bosnia and Herzegovina () (2022)

Latest Data

Trade between Bosnia and Herzegovina () and Mali ()

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Mali included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

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

Difference in imports from Mali () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bosnia and Herzegovina had a large net trade with Mali in the exports of Transportation ($134k), Machines ($59.8k), and Paper Goods ($59.7k).

During 2017, Mali had a large net trade with Bosnia and Herzegovina in the exports of Metals ($66) and Machines ($7).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bosnia and Herzegovina Mali+$125kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Mali Bosnia and Herzegovina+$2.1kGold

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

Year

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Mali. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Mali. Similarly, a dot/product with the flag of Mali indicates it has a comparative advantage over Bosnia and Herzegovina.

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Historical Data

Bilateral Trade by Products

Exports from Bosnia and Herzegovina () to Mali () (2022)

Exports from Mali () to Bosnia and Herzegovina () (2022)

Latest Data

Trade between Bosnia and Herzegovina () and Mali ()

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Mali () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Mali () (2022)

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