Mali (MLI) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Mali-Armenia Trade: In 2022, Mali exported $845 to Armenia. The main products that Mali exported to Armenia were Apples and Pears ($742) and Tropical Fruits ($103). Over the past 7 years the exports of Mali to Armenia have decreased at an annualized rate of 10.6%, from $1.85k in 2015 to $845 in 2022.

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

Armenia-Mali In N/A, Armenia did not export any products to Mali.

In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $845 to Armenia. The main products exported from Mali to Armenia were Apples and Pears ($742) and Tropical Fruits ($103). During the last 7 years the exports of Mali to Armenia have decreased at an annualized rate of 10.6%, from $1.85k in 2015 to $845 in 2022.

Armenia does not register exports to Mali.

Exports from Mali () to Armenia () (2022)

Exports from Armenia () to Mali () (2022)

Latest Data

Trade between Mali () and Armenia ()

Mali Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Armenia
Top DestinationRussia$2.36B

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

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

In 2022, countries that imported more from Armenia than Mali included Russia ($2.36B), China ($420M), and Georgia ($260M).

Difference in imports from Armenia () and Mali () (2022)

Comparative Advantage Mali - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Armenia in the exports of Vegetable Products ($845).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Armenia+$4.61kGold

Top Product Potential Armenia Mali+$2.32kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Armenia () (2022)

Exports from Armenia () to Mali () (2022)

Latest Data

Trade between Mali () and Armenia ()

Mali Exports

Market Competitiveness

Difference in imports from Armenia () and Mali () (2022)

Comparative Advantage Mali - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Armenia () (2022)

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