Mali
AfricaTrade in Mali
Mali was the world’s 128th largest exporter of goods and 145th largest exporter of commercial services in 2022. Export values were $5.05 billion and $371 million USD respectively. Mali’s top export category was Agricultural products, followed by Manufactures, and Fuels and mining products. In 2022, Mali’s main export destination markets for goods and services trade were to South Africa, Switzerland and Bangladesh, with trade representing 68.83 per cent of GDP. In terms of imports, Mali is the world’s 136th largest importer of goods and 122nd largest importer of commercial services. Import values were $6.46 billion and $2.21 billion USD respectively in 2022. Mali’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were Senegal, China and Cote d’Ivoire. Mali is part of 2 different Regional Trade Agreements, including Economic Community of West African States (ECOWAS) and West African Economic and Monetary Union (WAEMU). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Republic of Mali |
Abbreviation |
ML |
Capital |
Bamako |
WTO Membership Date |
31 May 1995 |
Legal System |
civil law system based on the French civil law model and influenced by customary law; judicial review of legislative acts in the Constitutional Court |
Language |
French |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
West African CFA franc |
Exchange Rate |
Google Finance Currencies |
GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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Trade Information Portal |
https://tradeportal.ml/ |
Last Reviewed: June, 2024
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