2022
Exports
$62.3kWorld Rnk 84 / 182
Flag Rnk 717 / 1042
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$3.36MWorld Rnk 72 / 216
Flag Rnk 584 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $62.3k in Electromagnets, making it the 84th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 717th most exported product in Oman. The main destination of Electromagnets exports from Oman are: Iran ($25.6k), United Arab Emirates ($16.2k), Germany ($11.4k), France ($4.63k), and Yemen ($3.84k).

The fastest growing export markets for Electromagnets of Oman between 2021 and 2022 were Germany ($8.53k), France ($4.63k), and China ($351).

Imports In 2022, Oman imported $3.36M in Electromagnets, becoming the 72nd largest importer of Electromagnets in the world. At the same year, Electromagnets was the 584th most imported product in Oman. Oman imports Electromagnets primarily from: United Arab Emirates ($1.93M), India ($311k), Luxembourg ($268k), Germany ($250k), and China ($107k).

The fastest growing import markets in Electromagnets for Oman between 2021 and 2022 were United Arab Emirates ($980k), Luxembourg ($228k), and Germany ($98.1k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$62.3k
IMPORTS (2022)$3.36M
NET TRADE (2022)-$3.3M

In 2022, Oman exported $62.3k in Electromagnets. The main destinations of Oman exports on Electromagnets were Iran ($25.6k), United Arab Emirates ($16.2k), Germany ($11.4k), France ($4.63k), and Yemen ($3.84k).

In 2022, Oman imported $3.36M in Electromagnets, mainly from United Arab Emirates ($1.93M), India ($311k), Luxembourg ($268k), Germany ($250k), and China ($107k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Germany$8.53k (301%)
France$4.63k (1%)
China$351 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Oman WERE (2021 - 2022):
Iran-$356k (-93.3%)
India-$34.8k (-100%)
United Arab Emirates-$2.18k (-11.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Oman's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $20.8k
TOP IMPORT POTENTIALGermany+ $188k

Electromagnets’s highest export potential is Germany. With an export gap of $20.8k.   Electromagnets’s highest import potential is Germany with an import gap of $188k.

See methodology.

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