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2022
Exports $148kWorld Rnk 74 / 203
Flag Rnk 636 / 1042
2022
Destination $20.9k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $20.9kSomalia
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $2.34MWorld Rnk 92 / 220
Flag Rnk 653 / 1175
2022
Origin $127k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $127kGermany
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $148k in Hand Tools, making it the 74th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 636th most exported product in Oman. The main destination of Hand Tools exports from Oman are: United Arab Emirates ($36.2k), Qatar ($25.2k), Somalia ($20.9k), Netherlands ($15.7k), and United Kingdom ($15k).

The fastest growing export markets for Hand Tools of Oman between 2021 and 2022 were Somalia ($20.9k), United Arab Emirates ($19.2k), and Netherlands ($15.3k).

Imports In 2022, Oman imported $2.34M in Hand Tools, becoming the 92nd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 653rd most imported product in Oman. Oman imports Hand Tools primarily from: United Arab Emirates ($1.12M), China ($559k), Germany ($183k), Netherlands ($64.8k), and Bahrain ($63.5k).

The fastest growing import markets in Hand Tools for Oman between 2021 and 2022 were Germany ($127k), Bahrain ($61.7k), and Netherlands ($59.3k).

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 Hand Tools. 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)$148k
IMPORTS (2022)$2.34M
NET TRADE (2022)-$2.2M

In 2022, Oman exported $148k in Hand Tools. The main destinations of Oman exports on Hand Tools were United Arab Emirates ($36.2k), Qatar ($25.2k), Somalia ($20.9k), Netherlands ($15.7k), and United Kingdom ($15k).

In 2022, Oman imported $2.34M in Hand Tools, mainly from United Arab Emirates ($1.12M), China ($559k), Germany ($183k), Netherlands ($64.8k), and Bahrain ($63.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Somalia$20.9k (1%)
United Arab Emirates$19.2k (113%)
Netherlands$15.3k (4.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Oman WERE (2021 - 2022):
Qatar-$98.4k (-79.6%)
Yemen-$32.6k (-98.9%)
United Kingdom-$2.76k (-15.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Oman's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $24.2k
TOP IMPORT POTENTIALChina+ $345k

Hand Tools’s highest export potential is United Arab Emirates. With an export gap of $24.2k.   Hand Tools’s highest import potential is China with an import gap of $345k.

See methodology.

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