What is Mali's export sector?

Mali’s export sector is driven by its agricultural base, especially its production of gold, cotton, and livestock. The country also benefits from its mineral resources and increasing fruit exports.

How much money does Mali export to the United States?

Exports from Mali to the United States are trending upward but remain a small share of Mali’s total exports, decreasing slightly to $5 million in 2023 from $5.4 million in 2022. India, Turkey, and the United Arab Emirates have also made noticeable inroads into Mali’s economy.

How much gold does Mali export?

Mali’s export economy depends primarily on gold mining, which represented 80 percent of exports in 2023. Gold exports have surged in recent years, with industrial production reaching approximately 65 tons, in addition to about five tons of small-scale production.

Does Mali have a good economic outlook?

Despite the many short- and medium-term challenges to growth, trade, and investment in Mali, the country’s long-term economic outlook may be more promising thanks to its sizeable natural resource deposits, agricultural potential, and energy opportunities, particularly in the renewables sector.

How much money did Mali export in 2023?

Exports to Mali were $91.2 million in 2023, up three percent from 2022, and up over 65 percent from 2011. Exports from Mali to the United States are trending upward but remain a small share of Mali’s total exports, decreasing slightly to $5 million in 2023 from $5.4 million in 2022.

Which sectors are underserved by financing flows in Mali?

Financing flows disproportionately favor large, established businesses over micro, small, and medium enterprises (MSMEs), and key sectors like agriculture remain underserved. Mali’s export economy depends primarily on gold mining, which represented 80 percent of exports in 2023.