Mali (MLI) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Mali-Belgium Trade: In 2022, Mali exported $1.03M to Belgium. The main products that Mali exported to Belgium were Raw Cotton ($575k), Tropical Fruits ($117k), and Gas Turbines ($97.9k). Over the past 5 years the exports of Mali to Belgium have decreased at an annualized rate of 17.2%, from $2.63M in 2017 to $1.03M in 2022.

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

Belgium-Mali Trade: In 2022, Belgium exported $110M to Mali. The main products that Belgium exported to Mali were Vaccines, blood, antisera, toxins and cultures ($23.2M), Cars ($13M), and Delivery Trucks ($12M). Over the past 5 years the exports of Belgium to Mali have increased at an annualized rate of 0.12%, from $109M in 2017 to $110M in 2022.

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

Comparison: In 2022, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $1.03M to Belgium. The main products exported from Mali to Belgium were Raw Cotton ($575k), Tropical Fruits ($117k), and Gas Turbines ($97.9k). During the last 5 years the exports of Mali to Belgium have decreased at an annualized rate of 17.2%, from $2.63M in 2017 to $1.03M in 2022.

In 2017, Belgium exported $110M to Mali. The main products exported from Belgium to Mali were Vaccines, blood, antisera, toxins and cultures ($23.2M), Cars ($13M), and Delivery Trucks ($12M). During the last 5 years the exports of Belgium to Mali have increased at an annualized rate of 0.12%, from $109M in 2022 to $110M in 2017.

Exports from Mali () to Belgium () (2022)

Exports from Belgium () to Mali () (2022)

Latest Data

Trade between Mali () and Belgium ()

Mali Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Mali than Belgium included United Arab Emirates ($5.57B).

In 2022, countries that imported more from Belgium than Mali included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Mali () (2022)

Comparative Advantage Mali - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Belgium in the exports of Textiles ($575k), Machines ($183k), and Vegetable Products ($170k).

During 2017, Belgium had a large net trade with Mali in the exports of Chemical Products ($33.7M), Transportation ($31.4M), and Machines ($17.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Belgium+$652kGold

Top Product Potential Belgium Mali+$4.73MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Belgium () (2022)

Exports from Belgium () to Mali () (2022)

Latest Data

Trade between Mali () and Belgium ()

Mali Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Mali () (2022)

Comparative Advantage Mali - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Belgium () (2022)

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