Mali Trade, Exports and Imports
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Trade represented 65% of the Republic of Mali’s GDP between 2005 and 2007, according to the World Trade Organization. Gold, livestock and agriculture represent 80% of the country’s exports. Trade in Mali has suffered as it is a landlocked nation and neighboring country of Cote d’Ivoire has seen continued unrest. Exports and imports have been propelled by the existence of a railway line to Senegal. Mali is in the process of constructing a road network to connect it to adjacent nations.[br]
Trade represented 65% of the Republic of Mali’s GDP between 2005 and 2007, according to the World Trade Organization. Gold, livestock and agriculture represent 80% of the country’s exports. Trade in Mali has suffered as it is a landlocked nation and neighboring country of Cote d’Ivoire has seen continued unrest. Exports and imports have been propelled by the existence of a railway line to Senegal. Mali is in the process of constructing a road network to connect it to adjacent nations.[br]
In 2008;
Merchandise
Exports crossed over $1.6 billion
Imports surpassed $2.5 billion
Commercial Services
Exports stood at $359 million
Imports was $774 million
Mali Trade: Major Exports and Imports
According to the International Trade Centre, the leading export categories for the Republic of Mali in 2008 were:
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Pearls, precious stones, metals, coins, etc. (representing 74.9% of total exports)
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Cotton (representing 10.7% of total exports)
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Live animals (representing 5.9% of total exports)
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Boilers, machinery, nuclear reactors, etc. (representing 1.5% of total exports)
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Mineral fuels, oils, distillation products, etc. (representing 1.5% of total exports)
According to the International Trade Centre, the leading import categories for the Republic of Mali in 2008 were:
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Mineral fuels, oils, distillations products, etc. (representing 21.4% of total imports)
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Boilers, machinery, nuclear reactors, etc. (representing 11.8% of total imports)
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Vehicles other than railway (representing 6.7% of total imports)
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Electrical and electronic equipment (representing 6.6% of total imports)
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Salt, sulphur, earth, stone, plaster, lime, and cement (representing 6% of total imports)
Mali Trade: Major Partners for Exports and Imports
Following are the three main countries to which Mali exports merchandise:
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China (representing 26.7% of exports)
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Thailand (representing 10.7% of exports)
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Denmark (representing 6.4% of exports)[br]
Following are the three main countries from where Mali imports merchandise:
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Senegal (representing 13.1% of imports)
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France (representing 11.4% of imports)
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Cote d’Ivoire (representing 11.2% of imports)