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Mali

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

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Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
8.9
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.05
0.01
0.05

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

Based on the latest available information, here's an update on tariffs related to Mali as of Sunday, April 20, 2025: Mali's General Tariff Structure: Mali is a member of the West African Economic and Monetary Union (WAEMU) and applies the WAEMU Common External Tariff (TEC). This has been in effect since January 2000.   The Economic Community of West African States (ECOWAS), of which Mali is also a member, instituted its own TEC in January 2015, aiming for harmonization across the broader region. In 2019, the simple average tariff rate across all products in Mali was 11.77%, while the trade-weighted average tariff was 7.23%. The maximum tariff rate on any product was 35%. The applied weighted mean tariff rate for all products in Mali was 7.88% in 2021, a decrease from 9.24% in 2020. The Most Favored Nation (MFN) weighted average tariff rate on all products in Mali was 10.9% in 2021, a decrease from 11.7% in 2020. Recent U.S. Actions and Mali: On April 2, 2025, the U.S. announced a 10% tariff on imports from all countries, effective April 5, 2025.   Higher, "reciprocal tariffs" were also announced for countries with large trade deficits with the U.S., initially effective April 9, 2025.   However, on April 9, 2025, the U.S. implemented a 90-day pause on these country-specific reciprocal tariffs for most nations. During this 90-day pause, a universal 10% tariff applies to imports from most countries, including Mali. Therefore, as of today, April 20, 2025, the tariff rate imposed by the United States on goods imported from Mali is 10%.   There is no indication that Mali has implemented any new retaliatory tariffs specifically targeting the United States in response to these recent actions. Mali's Trade Policy Overview: Mali generally has an open economic policy that welcomes international trade and investment.   The government eliminated export tariffs in 1990, with a few exceptions like a 3% fee on cotton and gold exports.   Mali aims to simplify its customs procedures and align with international best practices. A new customs code was approved in May 2022.   Mali is actively looking to develop its exports and capitalize on various economic agreements and customs unions to enhance its economic competitiveness.   Key Points: Currently, the primary tariff affecting trade between the U.S. and Mali is the 10% universal tariff imposed by the United States.   Mali, as part of WAEMU and ECOWAS, adheres to their common external tariffs.   Mali generally promotes international trade and is working to simplify its trade procedures.   It's important to note that the global trade landscape, particularly concerning U.S. tariffs, can change rapidly. Monitoring official announcements from both the U.S. and Mali, as well as information from organizations like the WTO, is crucial for the most up-to-date information.

US Negotiation Strategy

Based on the most recent data from 2024, the top imports to the US from Mali by value are: Lac, gums, resins ($2.59 Million) Commodities not specified according to kind ($615.53 Thousand) Electrical, electronic equipment ($422.24 Thousand) Edible fruits, nuts, peel of citrus fruit, melons ($363.18 Thousand) Machinery, nuclear reactors, boilers ($311.47 Thousand) It's important to note that the overall value of imports from Mali to the US is relatively small compared to imports from major trading partners. Here's a look at which states in the US could potentially manufacture similar goods, along with some example companies: Lac, gums, resins: States: While natural gum and resin production in the US is limited compared to other regions, some companies in states like Georgia, Mississippi, and the Carolinas might process or utilize similar raw materials derived from pine trees for various industrial applications (e.g., adhesives, coatings). Example Companies: Companies like Arizona Chemical (Florida, Georgia) (now Kraton Corporation) and Eastman Chemical Company (Tennessee, Texas) produce resins and related products, though not necessarily the exact same types imported from Mali. Electrical, electronic equipment: States: California, Texas, Massachusetts, and North Carolina have significant manufacturing in the electrical and electronic equipment sectors. Example Companies: Apple (California), Texas Instruments (Texas), General Electric (various states), and Siemens (various states) manufacture a wide range of electrical and electronic equipment. Edible fruits, nuts, peel of citrus fruit, melons: States: California, Florida, Washington, and Georgia are major producers of fruits, nuts, and citrus. Example Companies: Numerous agricultural companies and cooperatives exist in these states, such as Sunkist Growers (California) for citrus and various fruit and nut growers associations.   Machinery, nuclear reactors, boilers: States: Illinois, Ohio, Michigan, and Wisconsin have strong manufacturing bases for various types of machinery. Example Companies: Caterpillar (Illinois), General Electric (various states) (for industrial machinery and power generation equipment), and John Deere (Illinois, Iowa) are major players in this sector. It's crucial to understand that while these US states and companies manufacture goods within similar broad categories, the specific types, qualities, and applications might differ significantly from the imports from Mali. Mali's exports, particularly in the "lac, gums, resins" category, might be specialized natural products with unique characteristics. The US manufacturing base is highly diversified and technologically advanced, often focusing on different scales and types of production.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

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Sources : Forbes | USDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia | International Trade Administration

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theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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