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Mali trade in 2024

In 2024, Mali exported $1.3 billion and imported $6.1 billion, a trade deficit of $4.9 billion. It was the world's 150th-largest exporter, with 0.01% of world exports. Its top export was gold (55.7% of the total) and its main trading partner was Côte d'Ivoire (22.7% of its trade).

Summary

Exports
$1.3billion
Imports
$6.1billion
Trade balance
-$4.9billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Gold (55.7%) and raw cotton (12.6%) together make up 68.2% of its exports.

  1. Gold$704 million · 55.7%
    Main partner: Uganda
  2. Raw cotton$159 million · 12.6%
    Main partner: India
  3. Refined petroleum$128 million · 10.1%
    Main partner: Nigeria
  4. Other oilseeds$47 million · 3.7%
    Main partner: China
  5. Iron ore$43 million · 3.4%
    Main partner: China
  6. Natural gums and resins$36 million · 2.9%
    Main partner: India
  7. Mixed fertilizers$17 million · 1.4%
    Main partner: Burkina Faso
  8. Avocados, mangoes, pineapples and dates$11 million · 0.9%
    Main partner: Morocco
  9. Trucks$9 million · 0.69%
    Main partner: Togo
  10. Unwrought lead$7 million · 0.54%
    Main partner: India

What it imports

Refined petroleum (32.2%) and cement (4.1%) together make up 36.3% of its imports.

  1. Refined petroleum$2 billion · 32.2%
    Main partner: Côte d'Ivoire
  2. Cement$250 million · 4.1%
    Main partner: Senegal
  3. Cameras and broadcast equipment$243 million · 4%
    Main partner: China
  4. Lightweight cotton fabric$210 million · 3.4%
    Main partner: Austria
  5. Medicines in measured doses or retail packs$169 million · 2.8%
    Main partner: France
  6. Bulldozers and excavators$138 million · 2.2%
    Main partner: China
  7. Malt extract and food mixes$123 million · 2%
    Main partner: Ireland
  8. Batteries$96 million · 1.6%
    Main partner: China
  9. Motorcycles$93 million · 1.5%
    Main partner: China
  10. Frozen fish$89 million · 1.5%
    Main partner: Mauritania
By Harmonized System chapter (95)
ChapterExportsImports
71 · Gems and precious metals$705 million$9 million
52 · Cotton$159 million$216 million
27 · Oil, gas and coal$128 million$2.1 billion
12 · Oilseeds and grains$48 million$19 million
26 · Ores and slag$44 million$865 thousand
13 · Gums and plant extracts$36 million$528 thousand
87 · Vehicles$20 million$340 million
08 · Fruit and nuts$19 million$18 million
31 · Fertilizers$17 million$48 million
20 · Preserved fruit and vegetables$10 million$22 million
39 · Plastics$7 million$168 million
78 · Lead$7 million$11 thousand
84 · Mechanical machinery$7 million$493 million
85 · Electrical and electronic equipment$6 million$593 million
15 · Fats and oils$6 million$97 million
07 · Vegetables$6 million$29 million
30 · Pharmaceuticals$5 million$209 million
10 · Cereals$4 million$117 million
34 · Soap and cleaning products$4 million$37 million
41 · Hides and leather$3 million$53 thousand
48 · Paper and paperboard$2 million$49 million
97 · Art and antiques$2 million$12 thousand
94 · Furniture and lighting$1 million$24 million
76 · Aluminum$1 million$13 million
90 · Precision and medical instruments$1 million$32 million
23 · Animal feed and food waste$1 million$30 million
22 · Beverages and spirits$1 million$68 million
72 · Iron and steel$924 thousand$77 million
73 · Iron and steel products$908 thousand$93 million
38 · Miscellaneous chemicals$901 thousand$42 million
92 · Musical instruments$894 thousand$48 thousand
28 · Inorganic chemicals$722 thousand$23 million
68 · Stone, plaster and cement articles$554 thousand$3 million
70 · Glass$410 thousand$4 million
11 · Milling products and malt$405 thousand$18 million
61 · Knitted clothing$400 thousand$3 million
93 · Weapons and ammunition$382 thousand$6 million
09 · Coffee, tea and spices$362 thousand$43 million
64 · Footwear$350 thousand$25 million
62 · Woven clothing$311 thousand$6 million
01 · Live animals$307 thousand$5 million
40 · Rubber$295 thousand$57 million
21 · Food preparations$282 thousand$155 million
03 · Fish and seafood$242 thousand$92 million
74 · Copper$205 thousand$2 million
63 · Home textiles and used clothing$186 thousand$46 million
33 · Perfumes and cosmetics$178 thousand$55 million
49 · Books and printed matter$176 thousand$3 million
88 · Aircraft and spacecraft$173 thousand$3 million
44 · Wood$169 thousand$14 million
32 · Dyes, paints and tanning agents$158 thousand$13 million
36 · Explosives and matches$119 thousand$11 million
29 · Organic chemicals$100 thousand$6 million
19 · Baked goods and cereal products$98 thousand$143 million
06 · Live plants and flowers$97 thousand$33 thousand
95 · Toys and sports gear$85 thousand$1 million
86 · Railway equipment$81 thousand$3 million
89 · Ships and boats$79 thousand$65 thousand
82 · Tools and cutlery$66 thousand$8 million
04 · Dairy, eggs and honey$59 thousand$24 million
25 · Salt, stone and cement$49 thousand$269 million
83 · Miscellaneous metal goods$46 thousand$4 million
42 · Leather goods and bags$40 thousand$2 million
96 · Other manufactured goods$35 thousand$5 million
46 · Wicker and basketware$35 thousand$8 million
57 · Carpets and rugs$15 thousand$3 million
05 · Other animal products$14 thousand$42 thousand
59 · Coated and technical textiles$12 thousand$2 million
54 · Synthetic filaments$12 thousand$7 million
91 · Watches and clocks$12 thousand$549 thousand
24 · Tobacco$12 thousand$63 million
58 · Special fabrics and lace$11 thousand$3 million
69 · Ceramics$9 thousand$22 million
60 · Knitted fabric$9 thousand$743 thousand
53 · Other plant fibers$8 thousand$289 thousand
14 · Other plant products$8 thousand$208 thousand
65 · Hats$7 thousand$814 thousand
02 · Meat and offal$5 thousand$1 million
18 · Cocoa and chocolate$5 thousand$9 million
17 · Sugar and sweets$4 thousand$17 million
43 · Fur and fur goods$3 thousand$12
37 · Photographic goods$2 thousand$1 million
16 · Prepared meat and fish$2 thousand$8 million
56 · Felt, nonwovens and rope$2 thousand$2 million
35 · Glues, starches and enzymes$2 thousand$5 million
75 · Nickel$300$11 thousand
55 · Synthetic staple fibers$244$7 million
51 · Wool$170$53 thousand
66 · Umbrellas and canes$83$37 thousand
67 · Feathers and artificial flowers$42$3 million
47 · Wood pulp$36$62 thousand
81 · Other base metals$0$30 thousand
45 · Cork$0$1 thousand
80 · Tin$0$1 thousand
79 · Zinc$0$544

Trading partners

Its main destination is Uganda (28.6% of exports) and its main source is Côte d'Ivoire (27.2% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Uganda36128.6%Air
Australia21717.2%Air
India18114.3%Sea
Nigeria1249.8%Sea
Switzerland1219.6%Air
China73.45.8%Sea
Burkina Faso24.11.9%Land
France13.71.1%Air
Central African Republic12.91%Sea
Côte d'Ivoire12.71%Land

Who it buys from

PartnerValue (USD billions)ShareMode
Côte d'Ivoire1.727.2%Land
Senegal1.321.4%Land
China116.4%Sea
France0.345.5%Sea
Austria0.182.9%Sea
Morocco0.172.8%Sea
Burkina Faso0.132.1%Land
India0.111.7%Sea
Togo0.11.7%Sea
Netherlands0.11.7%Sea

Overview 1995–2024

In 2024, Mali accounted for 0.01% of world exports, compared with 0% in 1995.

Exports and imports

Exports grew 5-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 1.3
  • Imports 6.1
  • Balance -4.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$247 million$619 million-$371 million
1996$486 million$959 million-$473 million
1997$455 million$889 million-$434 million
1998$616 million$1 billion-$404 million
1999$610 million$1 billion-$414 million
2000$618 million$1.1 billion-$446 million
2001$807 million$1.2 billion-$391 million
2002$917 million$1.1 billion-$158 million
2003$976 million$1.5 billion-$496 million
2004$1 billion$1.6 billion-$603 million
2005$1.1 billion$1.9 billion-$731 million
2006$1.7 billion$2.1 billion-$455 million
2007$1.5 billion$2.6 billion-$1.1 billion
2008$2 billion$3.6 billion-$1.6 billion
2009$194 million$2.1 billion-$1.9 billion
2010$2.1 billion$4.6 billion-$2.5 billion
2011$2.6 billion$3.8 billion-$1.2 billion
2012$4.5 billion$3.9 billion$591 million
2013$3 billion$2.9 billion$137 million
2014$3.3 billion$3.1 billion$119 million
2015$3.6 billion$3.3 billion$340 million
2016$4.7 billion$4.7 billion-$28 million
2017$2.9 billion$5.1 billion-$2.3 billion
2018$5.2 billion$5.4 billion-$172 million
2019$7.1 billion$5.6 billion$1.5 billion
2020$6.9 billion$5.9 billion$1.1 billion
2021$11.6 billion$6.8 billion$4.8 billion
2022$9.5 billion$7.5 billion$2 billion
2023$9 billion$7.6 billion$1.3 billion
2024$1.3 billion$6.1 billion-$4.9 billion

World rank

Mali fell from 146th to 150th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 146th in 1995
  • 150th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995146th
1996136th
1997141st
1998131st
1999138th
2000141st
2001135th
2002132nd
2003134th
2004137th
2005140th
2006135th
2007139th
2008141st
2009181st
2010131st
2011136th
2012120th
2013132nd
2014130th
2015121st
2016115th
2017132nd
2018120th
2019105th
2020107th
202192nd
2022108th
2023109th
2024150th

What it sells

Gems and precious metals became its top export group: from 6% to 56%

% of exports by Harmonized System chapter.

  • Other 8%
  • Fruit and nuts 2%
  • Vehicles 2%
  • Gums and plant extracts 3%
  • Ores and slag 4%
  • Oilseeds and grains 4%
  • Oil, gas and coal 10%
  • Cotton 13%
  • Gems and precious metals 56%

Source: CEPII BACI

Show the numbers
Chapter19952024
Gems and precious metals6.3%55.8%
Cotton80.9%12.6%
Oil, gas and coal0%10.1%
Oilseeds and grains0.31%3.8%
Ores and slag0%3.5%
Gums and plant extracts0.23%2.9%
Vehicles0.04%1.6%
Fruit and nuts0.6%1.5%
Other11.6%8.2%

Who it trades with

Senegal went from 0% to 18% of Mali's trade

% of total trade (exports + imports) with each partner.

  • Côte d'Ivoire 23%
  • Senegal 18%
  • China 15%
  • Uganda 5%
  • France 5%

Source: CEPII BACI

Show the numbers
Partner19952024
Côte d'Ivoire17.7%22.7%
Senegal0%17.8%
China7.1%14.6%
Uganda0%4.9%
France20.7%4.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

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Largest economic production hubs (gridded GDP, 2024)

  • Bamako$24.6 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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