2022
Exports
$199kWorld Rnk 61 / 166
Flag Rnk 600 / 1042
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$2MWorld Rnk 69 / 214
Flag Rnk 677 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $199k in Soldering and Welding Machinery, making it the 61st largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 600th most exported product in Oman. The main destination of Soldering and Welding Machinery exports from Oman are: Germany ($95.6k), United Arab Emirates ($46.8k), Saudi Arabia ($39.3k), Qatar ($14.6k), and Bahrain ($853).

The fastest growing export markets for Soldering and Welding Machinery of Oman between 2021 and 2022 were Germany ($94.8k), Saudi Arabia ($38.6k), and United Arab Emirates ($8.32k).

Imports In 2022, Oman imported $2M in Soldering and Welding Machinery, becoming the 69th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 677th most imported product in Oman. Oman imports Soldering and Welding Machinery primarily from: United Arab Emirates ($838k), China ($234k), India ($220k), Italy ($175k), and United Kingdom ($125k).

The fastest growing import markets in Soldering and Welding Machinery for Oman between 2021 and 2022 were Italy ($113k), India ($85.7k), and United Kingdom ($55.8k).

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 Soldering and Welding Machinery. 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)$199k
IMPORTS (2022)$2M
NET TRADE (2022)-$1.8M

In 2022, Oman exported $199k in Soldering and Welding Machinery. The main destinations of Oman exports on Soldering and Welding Machinery were Germany ($95.6k), United Arab Emirates ($46.8k), Saudi Arabia ($39.3k), Qatar ($14.6k), and Bahrain ($853).

In 2022, Oman imported $2M in Soldering and Welding Machinery, mainly from United Arab Emirates ($838k), China ($234k), India ($220k), Italy ($175k), and United Kingdom ($125k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Germany$94.8k (11k%)
Saudi Arabia$38.6k (4.94k%)
United Arab Emirates$8.32k (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Oman WERE (2021 - 2022):
India-$40.8k (-100%)
Egypt-$36k (-100%)
Qatar-$34.6k (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Oman's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $30.6k
TOP IMPORT POTENTIALChina+ $182k

Soldering and Welding Machinery’s highest export potential is United Arab Emirates. With an export gap of $30.6k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $182k.

See methodology.

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