Ghana-Mali Bilateral Trade Analysis 2023
Complete trade statistics: $182.37M total volume •Ghana surplus: $148.35M
Ghana → Mali
$165.36M
Exports (2023)
Mali → Ghana
$17.01M
Imports (2023)
Trade Balance
$148.35M
Surplus for Ghana
Total Trade
$182.37M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ghana and Mali. Green line shows exports from Ghana, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ghana-Mali commercial relationship and competitive positioning in global markets.
Ghana → Mali Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ghana's export portfolio to Mali demonstrates strategic specialization, with iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling representing a key competitive advantage in this bilateral market.
Mali → Ghana Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ghana's import pattern from Mali reveals significant dependencyin waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ghana demonstrates competitive strength in exportingiron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling to Mali, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $182.37M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ghana-Mali Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $182.37 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ghana maintains a surplus of $148.35 million
- Export Focus: Ghana's primary exports include iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), welded, of square or rectangular cross-section, n.e.c. in chapter 73, iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness exceeding 10mm
- Import Dependencies: Key imports from Mali include waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators, oil seeds and oleaginous fruits: n.e.c. in heading no. 1207, whether or not broken, aluminium: waste and scrap
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $182.37M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Ghana leveraging its comparative advantages in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Ghana's specialization in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rollingcomplements Mali's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $182.37M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $182.37M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $182.37 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling and waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ghana's trade surplus of $148.35 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Ghana and Mali represents a total trade volume of $182.37 million in 2023. This partnership demonstrates a favorable trade balance for Ghana, with exports exceeding importsby $148.35 million.
Export Strengths
Ghana's exports to Mali total $165.36 million, with competitive advantages in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, representing $26.95M or16.3% of bilateral exports.
Import Dependencies
Imports from Mali amount to $17.01 million, highlighting economic interdependence in waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators, with Waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators comprising63.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Ghana's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Ghana and Mali in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023