2022
Exports
$27MWorld Rnk 45 / 126
Flag Rnk 101 / 1042
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$19.5MWorld Rnk 91 / 210
Flag Rnk 282 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $27M in Hot-Rolled Iron Bars, making it the 45th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 101st most exported product in Oman. The main destination of Hot-Rolled Iron Bars exports from Oman are: Mauritius ($10.3M), Singapore ($10M), Burma ($6.5M), Yemen ($75.5k), and United Arab Emirates ($26.8k).

The fastest growing export markets for Hot-Rolled Iron Bars of Oman between 2021 and 2022 were Mauritius ($2.76M), Bahrain ($18.2k), and Estonia ($13.2k).

Imports In 2022, Oman imported $19.5M in Hot-Rolled Iron Bars, becoming the 91st largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 282nd most imported product in Oman. Oman imports Hot-Rolled Iron Bars primarily from: United Arab Emirates ($14.4M), Iraq ($4.24M), Iran ($678k), India ($109k), and Saudi Arabia ($92k).

The fastest growing import markets in Hot-Rolled Iron Bars for Oman between 2021 and 2022 were United Arab Emirates ($4.24M) and Saudi Arabia ($89.6k).

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 Hot-Rolled Iron Bars. 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)$27M
IMPORTS (2022)$19.5M
NET TRADE (2022)$7.46M

In 2022, Oman exported $27M in Hot-Rolled Iron Bars. The main destinations of Oman exports on Hot-Rolled Iron Bars were Mauritius ($10.3M), Singapore ($10M), Burma ($6.5M), Yemen ($75.5k), and United Arab Emirates ($26.8k).

In 2022, Oman imported $19.5M in Hot-Rolled Iron Bars, mainly from United Arab Emirates ($14.4M), Iraq ($4.24M), Iran ($678k), India ($109k), and Saudi Arabia ($92k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Mauritius$2.76M (36.7%)
Bahrain$18.2k (1%)
Estonia$13.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Oman WERE (2021 - 2022):
Burma-$40.7M (-86.2%)
Singapore-$26.3M (-72.4%)
Lebanon-$1.78M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Oman's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $81.2k
TOP IMPORT POTENTIALIndia+ $265k

Hot-Rolled Iron Bars’s highest export potential is United Arab Emirates. With an export gap of $81.2k.   Hot-Rolled Iron Bars’s highest import potential is India with an import gap of $265k.

See methodology.

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