2022
Exports
$248kWorld Rnk 58 / 91
Flag Rnk 565 / 1042
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2022
Imports
$40.7MWorld Rnk 23 / 169
Flag Rnk 170 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $248k in Steel Bars, making it the 58th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 565th most exported product in Oman. The main destination of Steel Bars exports from Oman are: Bahrain ($241k) and Kuwait ($7.34k).

The fastest growing export markets for Steel Bars of Oman between 2021 and 2022 were Bahrain ($241k) and Kuwait ($7.34k).

Imports In 2022, Oman imported $40.7M in Steel Bars, becoming the 23rd largest importer of Steel Bars in the world. At the same year, Steel Bars was the 170th most imported product in Oman. Oman imports Steel Bars primarily from: United Arab Emirates ($30.5M), United States ($9.63M), Saudi Arabia ($456k), Netherlands ($23.7k), and Norway ($3.31k).

The fastest growing import markets in Steel Bars for Oman between 2021 and 2022 were United States ($3.62M), Netherlands ($23.7k), and Norway ($3.31k).

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 Steel 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)$248k
IMPORTS (2022)$40.7M
NET TRADE (2022)-$40.4M

In 2022, Oman exported $248k in Steel Bars. The main destinations of Oman exports on Steel Bars were Bahrain ($241k) and Kuwait ($7.34k).

In 2022, Oman imported $40.7M in Steel Bars, mainly from United Arab Emirates ($30.5M), United States ($9.63M), Saudi Arabia ($456k), Netherlands ($23.7k), and Norway ($3.31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Bahrain$241k (1%)
Kuwait$7.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Oman WERE (2021 - 2022):
Burma-$803k (-100%)
Saudi Arabia-$33.7k (-100%)
Yemen-$302 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Steel Bars were:
In 2022, Oman's main importing competitors in Steel Bars were:

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $834
TOP IMPORT POTENTIALNetherlands+ $58.3k

Steel Bars’s highest export potential is United States. With an export gap of $834.   Steel Bars’s highest import potential is Netherlands with an import gap of $58.3k.

See methodology.

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