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Pricing

2022
Flag → Flag
Exports $27.6MRnk 67 / 171
2022
Flag → Flag
Top Product $13MAluminium Wire
2022
Flag → Flag
Exports $35.4MRnk 84 / 196
2022
Flag → Flag
Top Product $11.9MWheat
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 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 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 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$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Oman-Romania Trade: In 2022, Oman exported $27.6M to Romania. The main products that Oman exported to Romania were Aluminium Wire ($13M), Semi-Finished Iron ($5.76M), and Insulated Wire ($2.61M). Over the past 5 years the exports of Oman to Romania have increased at an annualized rate of 27.9%, from $8.07M in 2017 to $27.6M in 2022.

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

Romania-Oman Trade: In 2022, Romania exported $35.4M to Oman. The main products that Romania exported to Oman were Wheat ($11.9M), Liquid Pumps ($5.24M), and Seed Oils ($3.89M). Over the past 5 years the exports of Romania to Oman have increased at an annualized rate of 0.81%,  from $31.1M in 2017 to $35.4M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Latest Data

Trade between Oman (Flag) and Romania (Flag)

Oman Exports

Romania Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Romania
Top DestinationGermany$18.8B

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

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

In 2022, countries that imported more from Romania than Oman included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Oman Romania+$3.75MSemi-Finished Iron
Top Product Potential Romania Oman+$3.86MWheat

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

Product Space of Oman (Flag) and Romania (Flag) (NaN)

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