2022
Exports
$29.5MWorld Rnk 52 / 223
Flag Rnk 98 / 1042
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$76.8MWorld Rnk 61 / 224
Flag Rnk 95 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $29.5M in Engine Parts, making it the 52nd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 98th most exported product in Oman. The main destination of Engine Parts exports from Oman are: United Arab Emirates ($15M), United States ($3.21M), Singapore ($2.15M), Hong Kong ($1.61M), and Yemen ($1.47M).

The fastest growing export markets for Engine Parts of Oman between 2021 and 2022 were United Arab Emirates ($3.08M), United States ($2.67M), and Singapore ($908k).

Imports In 2022, Oman imported $76.8M in Engine Parts, becoming the 61st largest importer of Engine Parts in the world. At the same year, Engine Parts was the 95th most imported product in Oman. Oman imports Engine Parts primarily from: United Arab Emirates ($36.2M), Japan ($16.7M), Germany ($3.69M), South Korea ($3.12M), and Netherlands ($2.46M).

The fastest growing import markets in Engine Parts for Oman between 2021 and 2022 were United Arab Emirates ($5.47M), South Korea ($2.17M), and Germany ($1.48M).

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 Engine Parts. 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)$29.5M
IMPORTS (2022)$76.8M
NET TRADE (2022)-$47.3M

In 2022, Oman exported $29.5M in Engine Parts. The main destinations of Oman exports on Engine Parts were United Arab Emirates ($15M), United States ($3.21M), Singapore ($2.15M), Hong Kong ($1.61M), and Yemen ($1.47M).

In 2022, Oman imported $76.8M in Engine Parts, mainly from United Arab Emirates ($36.2M), Japan ($16.7M), Germany ($3.69M), South Korea ($3.12M), and Netherlands ($2.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United Arab Emirates$3.08M (25.7%)
United States$2.67M (500%)
Singapore$908k (73.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Oman WERE (2021 - 2022):
Sri Lanka-$1.16M (-99.6%)
Qatar-$787k (-94.1%)
Australia-$228k (-41%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Oman's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.31M
TOP IMPORT POTENTIALGermany+ $3.71M

Engine Parts’s highest export potential is United States. With an export gap of $4.31M.   Engine Parts’s highest import potential is Germany with an import gap of $3.71M.

See methodology.

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