Mali recorded a trade deficit of 227.41 CFA Franc Billion in the fourth quarter of 2020. source: Institut National de la Statistique, Mali

Balance of Trade in Mali averaged -131.76 CFA Franc Billion from 2001 until 2020, reaching an all time high of 34.36 CFA Franc Billion in the first quarter of 2016 and a record low of -356.64 CFA Franc Billion in the fourth quarter of 2017. This page provides the latest reported value for - Mali Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mali Balance of Trade - values, historical data and charts - was last updated on July of 2021.

Balance of Trade in Mali is expected to be -272.58 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Mali to stand at -262.37 in 12 months time. In the long-term, the Mali Balance of Trade is projected to trend around -264.29 CFA Franc Billion in 2022 and -262.37 CFA Franc Billion in 2023, according to our econometric models.

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Mali Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-227.41 -154.24 34.36 -356.64 2001 - 2020 CFA Franc Billion Quarterly

Mali Trade Last Previous Highest Lowest Unit
Balance of Trade -227.41 -154.24 34.36 -356.64 CFA Franc Billion [+]
Current Account -364.90 -357.50 -47.94 -704.30 XOF Billion [+]
Current Account to GDP -1.70 -4.20 0.51 -15.96 percent of GDP [+]
Imports 719.97 700.49 823.65 116.00 CFA Franc Billion [+]
Exports 492.57 546.24 605.16 69.40 CFA Franc Billion [+]
Terrorism Index 7.05 6.65 7.05 0.00 [+]

Mali Balance of Trade
Mali’s systemic trade deficit is mainly due to its import dependency. Furthermore, Mali’s exports are vulnerable to price fluctuations and weather conditions. Mali exports mostly gold (72 percent of total exports) and cotton (10 percent). Mali is a net importer of oil and capital equipment. Main trading partners are: Senegal, Ivory Coast and Burkina Faso.