Mali (MLI) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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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.

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.

Comparison In 2022, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $116k in 2022.

In 2017, 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 2022 to $7.89k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Nepal
Top DestinationIndia$956M

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

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

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

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

Comparative Advantage Mali - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mali had a large net trade with Nepal in the exports of Machines ($116k) and Plastics and Rubbers ($12).

During 2017, Nepal had a large net trade with Mali in the exports of Textiles ($7.89k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Nepal+$13.6kTelephones

Top Product Potential Nepal Mali+$1.63kTea

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Mali - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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