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Pricing

2022
Flag → Flag
Exports $18.5MRnk 77 / 171
2022
Flag → Flag
Top Product $8.81MNitrogenous Fertilizers
2022
Flag → Flag
Exports $10.8MRnk 86 / 185
2022
Flag → Flag
Top Product $8.63MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Oman-Chile Trade: In 2022, Oman exported $18.5M to Chile. The main products that Oman exported to Chile were Nitrogenous Fertilizers ($8.81M), Fish oil ($6.7M), and Raw Plastic Sheeting ($1.57M). Over the past 5 years the exports of Oman to Chile have increased at an annualized rate of 51.7%, from $2.3M in 2017 to $18.5M in 2022.

In 2022, Oman did not export any services to Chile.

Chile-Oman Trade: In 2022, Chile exported $10.8M to Oman. The main products that Chile exported to Oman were Sawn Wood ($8.63M), Wood Fiberboard ($1.01M), and Forage Crops ($312k). Over the past 5 years the exports of Chile to Oman have decreased at an annualized rate of 19.3%,  from $39.3M in 2017 to $10.8M in 2022.

In 2022, Chile did not export any services to Oman.

Comparison: In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $18.5M to Chile. The main products exported from Oman to Chile were Nitrogenous Fertilizers ($8.81M), Fish oil ($6.7M), and Raw Plastic Sheeting ($1.57M). During the last 5 years the exports of Oman to Chile have increased at an annualized rate of 51.7%, from $2.3M in 2017 to $18.5M in 2022.

In 2017, Chile exported $10.8M to Oman. The main products exported from Chile to Oman were Sawn Wood ($8.63M), Wood Fiberboard ($1.01M), and Forage Crops ($312k). During the last 5 years the exports of Chile to Oman have decreased at an annualized rate of 19.3%, from $39.3M in 2022 to $10.8M in 2017.

Exports from Oman (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Chile (Flag)

Oman Exports

Chile Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Chile
Top DestinationChina$38.5B

This map shows whether countries import more from Oman or Chile. Each country is colored based on the difference in imports they receive from Oman and Chile or the difference in the growth in imports.

In 2022, countries that imported more from Oman than Chile included India ($8.15B), United Arab Emirates ($3.13B), and Saudi Arabia ($2.4B).

In 2022, countries that imported more from Chile than Oman included United States ($13.9B), China ($38.5B), and Japan ($7.43B).

Difference in imports from Chile (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Chile

Flow
Scale

This chart compares trade between Oman and Chile by product, considering products traded by both, Oman and Chile.

During 2022, Oman had a large net trade with Chile in the exports of Chemical Products ($9.08M), Animal and Vegetable Bi-Products ($6.7M), and Plastics and Rubbers ($1.93M).

During 2017, Chile had a large net trade with Oman in the exports of Wood Products ($9.64M), Vegetable Products ($555k), and Animal Products ($416k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Chile+$4.32MNitrogenous Fertilizers
Top Product Potential Chile Oman+$500kWood Fiberboard

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Oman and Chile. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and Chile (Flag) (2022)

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