2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Mali-Sri Lanka Trade: In 2022, Mali exported $2.71k to Sri Lanka. The main products that Mali exported to Sri Lanka were Flavored Water ($2.05k), Ball Bearings ($245), and Integrated Circuits ($112). Over the past 6 years the exports of Mali to Sri Lanka have decreased at an annualized rate of 52%, from $221k in 2016 to $2.71k in 2022.

In 2022, Mali did not export any services to Sri Lanka.

Sri Lanka-Mali Trade: In 2022, Sri Lanka exported $457k to Mali. The main products that Sri Lanka exported to Mali were Tea ($287k), Motor vehicles; parts and accessories (8701 to 8705) ($36.1k), and Iron Structures ($27.2k). Over the past 6 years the exports of Sri Lanka to Mali have decreased at an annualized rate of 51.4%,  from $16.8M in 2016 to $457k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mali exported $2.71k to Sri Lanka. The main products exported from Mali to Sri Lanka were Flavored Water ($2.05k), Ball Bearings ($245), and Integrated Circuits ($112). During the last 6 years the exports of Mali to Sri Lanka have decreased at an annualized rate of 52%, from $221k in 2016 to $2.71k in 2022.

In 2017, Sri Lanka exported $457k to Mali. The main products exported from Sri Lanka to Mali were Tea ($287k), Motor vehicles; parts and accessories (8701 to 8705) ($36.1k), and Iron Structures ($27.2k). During the last 5 years the exports of Sri Lanka to Mali have decreased at an annualized rate of 51.4%, from $16.8M in 2022 to $457k in 2017.

Exports from Mali (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Mali (Flag) (2022)

Market Competitiveness

Color
Mali
Top Destination
United Arab Emirates$5.57B
Sri Lanka
Top Destination
United States$3.52B

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

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

In 2022, countries that imported more from Sri Lanka than Mali included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Mali (Flag) (2022)

Comparative Advantage Mali - Sri Lanka

Flow
Scale

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

During 2022, Mali had a large net trade with Sri Lanka in the exports of Foodstuffs ($2.05k), Machines ($357), and Plastics and Rubbers ($98).

During 2017, Sri Lanka had a large net trade with Mali in the exports of Vegetable Products ($312k), Metals ($43.3k), and Transportation ($36.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mali Sri Lanka+$4.94kGold
Top Product Potential Sri Lanka Mali+$2.1kTea

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

Product Space of Mali (Flag) and Sri Lanka (Flag) (2022)

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