2022
Flag  
GDP
$18.8BCURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP GROWTH
51.3%CURRENT US$
Rnk 58 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 173 / 186
2012-2022
Flag
GDP PC GROWTH
10.6%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

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.

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 8.5%,  from $103M in 2017 to $168M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $317k in 2022.

In 2017, 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 8.5%, from $103M in 2022 to $168M in 2017.

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

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

Latest Data

Trade between Mali (Flag) and Austria (Flag)

Mali Exports

Date

Austria Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Mali - Austria

Flow
Scale

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

During 2022, Mali had a large net trade with Austria in the exports of Machines ($187k), Instruments ($129k), and Chemical Products ($585).

During 2017, Austria had a large net trade with Mali in the exports of Textiles ($164M), Machines ($1.39M), and Foodstuffs ($574k).

Potential Exports

Potential Exports

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

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

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

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