2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Oman-Israel Trade: In 2013, Oman exported $7.54k to Israel. The main products that Oman exported to Israel were N/A. Over the past 9 years the exports of Oman to Israel have increased at an annualized rate of 15.9%, from $2k in 2004 to $7.54k in 2013.

In 2013, Oman did not export any services to Israel.

Israel-Oman Trade: In 2013, Israel exported $6k to Oman. The main products that Israel exported to Oman were N/A. Over the past 9 years the exports of Israel to Oman have decreased at an annualized rate of 27.6%,  from $210k in 2004 to $6k in 2013.

In 2013, Israel 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Oman exported $7.54k to Israel. There were not main exports from Oman to Israel in 2013. During the last 9 years the exports of Oman to Israel have increased at an annualized rate of 15.9%, from $2k in 2004 to $7.54k in 2013.

In 2013, Israel exported $6k to Oman. There were not main exports from Israel to Oman in 2013. During the last 5 years the exports of Israel to Oman have decreased at an annualized rate of 27.6%, from $210k in 2018 to $6k in 2013.

Exports from Oman (Flag) to Israel (Flag) (2018)

Exports from Israel (Flag) to Oman (Flag) (2018)

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Oman than Israel included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Israel than Oman included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage Oman - Israel

Flow
Scale

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

During 2013, Oman had a large net trade with Israel in the exports of .

During 2013, Israel had a large net trade with Oman in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Israel+$8.56kCrude Petroleum
Top Product Potential Israel Oman+$5.94kRefined Petroleum

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 Israel. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and Israel (Flag) (2018)

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