2022
Exports
$1.44MWorld Rnk 84 / 214
Flag Rnk 350 / 1042
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$30.8MWorld Rnk 68 / 223
Flag Rnk 208 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $1.44M in Thermostats, making it the 84th largest exporter of Thermostats in the world. At the same year, Thermostats was the 350th most exported product in Oman. The main destination of Thermostats exports from Oman are: United Arab Emirates ($576k), Egypt ($225k), Brazil ($135k), United States ($125k), and United Kingdom ($122k).

The fastest growing export markets for Thermostats of Oman between 2021 and 2022 were Egypt ($225k), Brazil ($135k), and United Kingdom ($104k).

Imports In 2022, Oman imported $30.8M in Thermostats, becoming the 68th largest importer of Thermostats in the world. At the same year, Thermostats was the 208th most imported product in Oman. Oman imports Thermostats primarily from: United Arab Emirates ($15.1M), Japan ($3.13M), United Kingdom ($1.9M), Italy ($1.6M), and Qatar ($1.54M).

The fastest growing import markets in Thermostats for Oman between 2021 and 2022 were Norway ($442k), Italy ($440k), and United Kingdom ($427k).

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 Thermostats. 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)$1.44M
IMPORTS (2022)$30.8M
NET TRADE (2022)-$29.4M

In 2022, Oman exported $1.44M in Thermostats. The main destinations of Oman exports on Thermostats were United Arab Emirates ($576k), Egypt ($225k), Brazil ($135k), United States ($125k), and United Kingdom ($122k).

In 2022, Oman imported $30.8M in Thermostats, mainly from United Arab Emirates ($15.1M), Japan ($3.13M), United Kingdom ($1.9M), Italy ($1.6M), and Qatar ($1.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Egypt$225k (1%)
Brazil$135k (1%)
United Kingdom$104k (579%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Oman WERE (2021 - 2022):
United Arab Emirates-$94.5k (-14.1%)
Burkina Faso-$94.4k (-91.9%)
Qatar-$92.7k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Oman's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $363k
TOP IMPORT POTENTIALChina+ $1.47M

Thermostats’s highest export potential is United States. With an export gap of $363k.   Thermostats’s highest import potential is China with an import gap of $1.47M.

See methodology.

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