Sri Lanka (LKA) and Mali (MLI) Trade | The Observatory of Economic Complexity

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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 5 years the exports of Sri Lanka to Mali have decreased at an annualized rate of 51.4%, from $16.8M in 2017 to $457k in 2022.

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

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 5 years the exports of Mali to Sri Lanka have decreased at an annualized rate of 14.1%, from $22.6k in 2017 to $2.71k in 2022.

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

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $457k in 2022.

In 2017, 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 5 years the exports of Mali to Sri Lanka have decreased at an annualized rate of 14.1%, from $22.6k in 2022 to $2.71k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

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

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

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

Comparative Advantage Sri Lanka - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sri Lanka had a large net trade with Mali in the exports of Vegetable Products ($312k), Metals ($43.3k), and Transportation ($36.1k).

During 2017, Mali had a large net trade with Sri Lanka in the exports of Foodstuffs ($2.05k), Machines ($357), and Plastics and Rubbers ($98).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sri Lanka Mali+$2.1kTea

Top Product Potential Mali Sri Lanka+$4.94kGold

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Sri Lanka - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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