2022
Exports
$27.7MWorld Rnk 72 / 208
Flag Rnk 100 / 1042
2022
PRODUCT COMPLEXITY IN Iron Structures
0.5Rnk 363 / 1025
2022
Imports
$207MWorld Rnk 62 / 224
Flag Rnk 34 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $27.7M in Iron Structures, making it the 72nd largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 100th most exported product in Oman. The main destination of Iron Structures exports from Oman are: Saudi Arabia ($6.12M), Qatar ($5.75M), United Arab Emirates ($5.31M), Canada ($2.63M), and India ($1.3M).

The fastest growing export markets for Iron Structures of Oman between 2021 and 2022 were Saudi Arabia ($2.76M), Canada ($1.96M), and Qatar ($1.33M).

Imports In 2018, Oman imported $207M in Iron Structures, becoming the 62nd largest importer of Iron Structures in the world. At the same year, Iron Structures was the 34th most imported product in Oman. Oman imports Iron Structures primarily from: United Arab Emirates ($116M), Saudi Arabia ($23.9M), India ($22.6M), China ($13M), and Turkey ($9.97M).

The fastest growing import markets in Iron Structures for Oman between 2021 and 2022 were United Arab Emirates ($7M), Bahrain ($1.81M), and Italy ($1.8M).

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 Iron Structures. 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)$27.7M
IMPORTS (2022)$207M
NET TRADE (2022)-$180M

In 2022, Oman exported $27.7M in Iron Structures. The main destinations of Oman exports on Iron Structures were Saudi Arabia ($6.12M), Qatar ($5.75M), United Arab Emirates ($5.31M), Canada ($2.63M), and India ($1.3M).

In 2022, Oman imported $207M in Iron Structures, mainly from United Arab Emirates ($116M), Saudi Arabia ($23.9M), India ($22.6M), China ($13M), and Turkey ($9.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Saudi Arabia$2.76M (82.4%)
Canada$1.96M (293%)
Qatar$1.33M (30%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Oman WERE (2021 - 2022):
Yemen-$4.68M (-97.1%)
Algeria-$4.35M (-100%)
India-$1.67M (-56.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Iron Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, Oman's main importing competitors in Iron Structures were:

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $2.74M
TOP IMPORT POTENTIALChina+ $11.2M

Iron Structures’s highest export potential is Saudi Arabia. With an export gap of $2.74M.   Iron Structures’s highest import potential is China with an import gap of $11.2M.

See methodology.

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