Oman (OMN) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Oman-South Africa Trade: In 2022, Oman exported $1.03B to South Africa. The main products that Oman exported to South Africa were Refined Petroleum ($782M), Nitrogenous Fertilizers ($162M), and Antiknock ($27.6M). Over the past 5 years the exports of Oman to South Africa have increased at an annualized rate of 14.3%, from $527M in 2017 to $1.03B in 2022.

In 2022, Oman did not export any services to South Africa.

South Africa-Oman Trade: In 2022, South Africa exported $51M to Oman. The main products that South Africa exported to Oman were Citrus ($8.14M), Pig Iron ($7.35M), and Apples and Pears ($6.19M). Over the past 5 years the exports of South Africa to Oman have decreased at an annualized rate of 7.91%, from $77.1M in 2017 to $51M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $1.03B to South Africa. The main products exported from Oman to South Africa were Refined Petroleum ($782M), Nitrogenous Fertilizers ($162M), and Antiknock ($27.6M). During the last 5 years the exports of Oman to South Africa have increased at an annualized rate of 14.3%, from $527M in 2017 to $1.03B in 2022.

In 2017, South Africa exported $51M to Oman. The main products exported from South Africa to Oman were Citrus ($8.14M), Pig Iron ($7.35M), and Apples and Pears ($6.19M). During the last 5 years the exports of South Africa to Oman have decreased at an annualized rate of 7.91%, from $77.1M in 2022 to $51M in 2017.

Exports from Oman () to South Africa () (2022)

Exports from South Africa () to Oman () (2022)

Latest Data

Trade between Oman () and South Africa ()

Oman Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Oman than South Africa included China ($30.4B), Saudi Arabia ($2.4B), and South Korea ($4.64B).

In 2022, countries that imported more from South Africa than Oman included Germany ($9.96B), United States ($10.9B), and Switzerland ($6.43B).

Difference in imports from South Africa () and Oman () (2022)

Comparative Advantage Oman - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with South Africa in the exports of Mineral Products ($816M), Chemical Products ($191M), and Plastics and Rubbers ($11.7M).

During 2017, South Africa had a large net trade with Oman in the exports of Vegetable Products ($17.5M), Metals ($13M), and Transportation ($5.34M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman South Africa+$5.19MEthylene Polymers

Top Product Potential South Africa Oman+$8.17MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to South Africa () (2022)

Exports from South Africa () to Oman () (2022)

Latest Data

Trade between Oman () and South Africa ()

Oman Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Oman () (2022)

Comparative Advantage Oman - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and South Africa () (2022)

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