2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 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 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186

About

Austria-Mali Trade: In 2022, Austria exported $168M to Mali. The main products that Austria exported to Mali were Light Pure Woven Cotton ($163M), Embroidery ($868k), and Flavored Water ($537k). Over the past 5 years the exports of Austria to Mali have increased at an annualized rate of 10.3%, from $103M in 2017 to $168M in 2022.

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

Mali-Austria Trade: In 2022, Mali exported $317k to Austria. The main products that Mali exported to Austria were Broadcasting Equipment ($158k), Percussion ($129k), and Telephones ($15.8k). Over the past 5 years the exports of Mali to Austria have decreased at an annualized rate of 11.8%,  from $593k in 2017 to $317k in 2022.

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

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $168M to Mali. The main products exported from Austria to Mali were Light Pure Woven Cotton ($163M), Embroidery ($868k), and Flavored Water ($537k). During the last 5 years the exports of Austria to Mali have increased at an annualized rate of 10.3%, from $103M in 2017 to $168M in 2022.

In 2017, Mali exported $317k to Austria. The main products exported from Mali to Austria were Broadcasting Equipment ($158k), Percussion ($129k), and Telephones ($15.8k). During the last 5 years the exports of Mali to Austria have decreased at an annualized rate of 11.8%, from $593k in 2022 to $317k in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Mali (Flag)

Austria Exports

Mali Exports

Date

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Mali
Top Destination
United Arab Emirates$5.57B

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

In 2022, countries that imported more from Austria than Mali included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Mali than Austria included United Arab Emirates ($5.57B), Burkina Faso ($18.3M), and Mauritania ($27.2M).

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

Comparative Advantage Austria - Mali

Flow
Scale

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

During 2022, Austria had a large net trade with Mali in the exports of Textiles ($164M), Machines ($1.39M), and Foodstuffs ($574k).

During 2017, Mali had a large net trade with Austria in the exports of Machines ($187k), Instruments ($129k), and Chemical Products ($585).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Mali+$859kTelephones
Top Product Potential Mali Austria+$269kTelephones

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

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

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