2022
Exports
$386kWorld Rnk 60 / 117
Flag Rnk 502 / 1042
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$3.41MWorld Rnk 75 / 189
Flag Rnk 581 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $386k in Metal Lathes, making it the 60th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 502nd most exported product in Oman. The main destination of Metal Lathes exports from Oman are: United Arab Emirates ($264k), Germany ($52.5k), Qatar ($32.8k), Somalia ($27.8k), and Iran ($9.21k).

The fastest growing export markets for Metal Lathes of Oman between 2021 and 2022 were United Arab Emirates ($253k), Qatar ($32.8k), and Somalia ($27.8k).

Imports In 2022, Oman imported $3.41M in Metal Lathes, becoming the 75th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 581st most imported product in Oman. Oman imports Metal Lathes primarily from: United Arab Emirates ($918k), India ($616k), China ($499k), Chinese Taipei ($334k), and South Korea ($291k).

The fastest growing import markets in Metal Lathes for Oman between 2021 and 2022 were India ($362k), South Korea ($267k), and United Kingdom ($216k).

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 Metal Lathes. 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)$386k
IMPORTS (2022)$3.41M
NET TRADE (2022)-$3.02M

In 2022, Oman exported $386k in Metal Lathes. The main destinations of Oman exports on Metal Lathes were United Arab Emirates ($264k), Germany ($52.5k), Qatar ($32.8k), Somalia ($27.8k), and Iran ($9.21k).

In 2022, Oman imported $3.41M in Metal Lathes, mainly from United Arab Emirates ($918k), India ($616k), China ($499k), Chinese Taipei ($334k), and South Korea ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United Arab Emirates$253k (2.34k%)
Qatar$32.8k (1%)
Somalia$27.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Oman WERE (2021 - 2022):
India-$343k (-100%)
Iran-$182k (-95.2%)
Germany-$45.1k (-46.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Metal Lathes were:
In 2022, Oman's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $58.1k
TOP IMPORT POTENTIALChina+ $296k

Metal Lathes’s highest export potential is Germany. With an export gap of $58.1k.   Metal Lathes’s highest import potential is China with an import gap of $296k.

See methodology.

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