2022
Flag  
GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
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GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC 
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Argentina-Oman Trade: In 2022, Argentina exported $198M to Oman. The main products that Argentina exported to Oman were Soybean Meal ($57.8M), Corn ($39.6M), and Bran ($31.1M). Over the past 5 years the exports of Argentina to Oman have increased at an annualized rate of 19.9%, from $79.9M in 2017 to $198M in 2022.

In 2022, Argentina did not export any services to Oman.

Oman-Argentina Trade: In 2022, Oman exported $105M to Argentina. The main products that Oman exported to Argentina were Refined Petroleum ($79.8M), Nitrogenous Fertilizers ($18.8M), and Polyacetals ($3.89M). Over the past 5 years the exports of Oman to Argentina have increased at an annualized rate of 15.1%,  from $51.8M in 2017 to $105M in 2022.

In 2022, Oman did not export any services to Argentina.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $198M to Oman. The main products exported from Argentina to Oman were Soybean Meal ($57.8M), Corn ($39.6M), and Bran ($31.1M). During the last 5 years the exports of Argentina to Oman have increased at an annualized rate of 19.9%, from $79.9M in 2017 to $198M in 2022.

In 2017, Oman exported $105M to Argentina. The main products exported from Oman to Argentina were Refined Petroleum ($79.8M), Nitrogenous Fertilizers ($18.8M), and Polyacetals ($3.89M). During the last 5 years the exports of Oman to Argentina have increased at an annualized rate of 15.1%, from $51.8M in 2022 to $105M in 2017.

Exports from Argentina (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Oman (Flag)

Argentina Exports

Oman Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
Oman
Top Destination
China$30.4B

This map shows whether countries import more from Argentina or Oman. Each country is colored based on the difference in imports they receive from Argentina and Oman or the difference in the growth in imports.

In 2022, countries that imported more from Argentina than Oman included Brazil ($12.6B), Chile ($5.11B), and United States ($6.99B).

In 2022, countries that imported more from Oman than Argentina included China ($30.4B), India ($8.15B), and United Arab Emirates ($3.13B).

Difference in imports from Oman (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Oman

Flow
Scale

This chart compares trade between Argentina and Oman by product, considering products traded by both, Argentina and Oman.

During 2022, Argentina had a large net trade with Oman in the exports of Foodstuffs ($88.9M), Vegetable Products ($60.8M), and Animal and Vegetable Bi-Products ($36.4M).

During 2017, Oman had a large net trade with Argentina in the exports of Mineral Products ($79.8M), Chemical Products ($18.8M), and Plastics and Rubbers ($5.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Oman+$4.57MWheat
Top Product Potential Oman Argentina+$2.47MPolyacetals

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Oman. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Oman (Flag) (2022)

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