2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 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 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

In N/A, Mongolia did not export any services to Mali.

Mali-Mongolia Trade: In N/A, Mali exported $4.47k to Mongolia. The main products that Mali exported to Mongolia were Other Rubber Products ($4.47k). Over the past N/A years the exports of Mali to Mongolia have decreased at an annualized rate of 40.2%,  from $58.6k in N/A to $4.47k in N/A.

In N/A, Mali did not export any services to Mongolia.

Comparison: In 2022,  Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). 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

Mongolia does not register exports to Mali.

In 2017, Mali exported $4.47k to Mongolia. The main products exported from Mali to Mongolia were Other Rubber Products ($4.47k). During the last 5 years the exports of Mali to Mongolia have decreased at an annualized rate of 40.2%, from $58.6k in 2022 to $4.47k in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Mongolia than Mali included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2022, countries that imported more from Mali than Mongolia included United Arab Emirates ($5.57B), Australia ($405M), and Turkey ($55.4M).

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

Comparative Advantage Mongolia - Mali

Flow
Scale

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

During 2017, Mali had a large net trade with Mongolia in the exports of Plastics and Rubbers ($4.47k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Mali+$2.83kGold
Top Product Potential Mali Mongolia+$1.34kPackaged 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 Mongolia and Mali. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Mali. Similarly, a dot/product with the flag of Mali indicates it has a comparative advantage over Mongolia.

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

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