2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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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 
$1,337CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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2022
Flag
GDP PC
$833CURRENT US$
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2012-2022
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GDP PC GROWTH
10.6%CURRENT US$
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About

Nepal-Mali Trade: In 2022, Nepal exported $7.89k to Mali. The main products that Nepal exported to Mali were Textile Scraps ($7.89k). Over the past 5 years the exports of Nepal to Mali have increased at an annualized rate of 48.1%, from $1.11k in 2017 to $7.89k in 2022.

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

Mali-Nepal Trade: In 2022, Mali exported $116k to Nepal. The main products that Mali exported to Nepal were Machinery Having Individual Functions ($73.3k), Audio Alarms ($17.8k), and Insulated Wire ($15.5k). Over the past 5 years the exports of Mali to Nepal have increased at an annualized rate of 3.16%,  from $99.4k in 2017 to $116k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $7.89k to Mali. The main products exported from Nepal to Mali were Textile Scraps ($7.89k). During the last 5 years the exports of Nepal to Mali have increased at an annualized rate of 48.1%, from $1.11k in 2017 to $7.89k in 2022.

In 2017, Mali exported $116k to Nepal. The main products exported from Mali to Nepal were Machinery Having Individual Functions ($73.3k), Audio Alarms ($17.8k), and Insulated Wire ($15.5k). During the last 5 years the exports of Mali to Nepal have increased at an annualized rate of 3.16%, from $99.4k in 2022 to $116k in 2017.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Nepal than Mali included India ($956M), United States ($152M), and Germany ($43M).

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

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

Comparative Advantage Nepal - Mali

Flow
Scale

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

During 2022, Nepal had a large net trade with Mali in the exports of Textiles ($7.89k).

During 2017, Mali had a large net trade with Nepal in the exports of Machines ($116k) and Plastics and Rubbers ($12).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Mali+$1.63kTea
Top Product Potential Mali Nepal+$13.6kTelephones

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

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

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