Trade Trend

In 2023, Mali's total export value is 1.74Billion USD, total import value is 3.40Billion USD, Deficit is -1.66Billion USD, and foreign trade dependency is 0.246. In 2023，Mali's top export products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(1.37Billion USD), Cotton; not carded or combed(131.08Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(39.49Million USD), top export destinations are Switzerland(1.01Billion USD), Australia(339.08Million USD), Vietnam(87.91Million USD). In 2023, Mali's top import products are Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(266.23Million USD), Woven fabrics of cotton, containing 85% or more by weight of cotton, weighing not more than 200 g/m2(220.68Million USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(158.03Million USD), top import origins are China(802.86Million USD), France(368.81Million USD), Burkina Faso(268.02Million USD).

Comparing to 2022, Mali's total export value decreased -2.14Billion USD(-55.11%) in 2023, this could result from its export decreases of products such as Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(-1.68Billion USD or -55.09%), Bovine animals; live(-57.41Million USD or -100.00%), Sheep and goats; live(-39.64Million USD or -99.99%) and export decreases to countries/economics such as South Africa(-1.52Billion USD or -99.76%), Switzerland(-105.73Million USD or -9.45%), Australia(-45.17Million USD or -11.75%). Comparing to 2022, Mali's total import value decreased -3.01Billion USD(-46.95%) in 2023, this could result from its import decreases of products such as Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-2.46Billion USD or -98.67%), Rice(-163.43Million USD or -93.65%), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(-92.82Million USD or -37.00%), and its import decreases from countries/economies such as India(-230.50Million USD or -65.00%), Benin(-80.13Million USD or -94.48%), Japan(-73.82Million USD or -82.82%).

Cumulated to first 6 months of 2024, Mali's total export value is 215.95Million USD, total import value is 948.66Million USD, and tradedeficit is -732.71Million USD. Cumulated to first 6 months of 2024, Mali's top export products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(91.35Million USD), Cotton; not carded or combed(42.97Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(35.15Million USD), and top export destinations are Switzerland(53.73Million USD), China(48.74Million USD), Australia(33.91Million USD). Cumulated to first 6 months of 2024, Mali's top import products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(91.35Million USD), Cotton; not carded or combed(42.97Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(35.15Million USD), and top import origins areChina(316.49Million USD), France(117.65Million USD), Austria(81.90Million USD).