2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Ireland-Oman Trade: In 2022, Ireland exported $143M to Oman. The main products that Ireland exported to Oman were Cranes ($62.1M), Scented Mixtures ($32.2M), and Gas Turbines ($20.6M). Over the past 5 years the exports of Ireland to Oman have increased at an annualized rate of 32.8%, from $34.7M in 2017 to $143M in 2022.

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

Oman-Ireland Trade: In 2022, Oman exported $19.3M to Ireland. The main products that Oman exported to Ireland were Raw Iron Bars ($10.1M), Raw Plastic Sheeting ($5.62M), and Essential Oils ($1.08M). Over the past 5 years the exports of Oman to Ireland have increased at an annualized rate of 16.2%,  from $5.81M in 2017 to $19.3M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $143M to Oman. The main products exported from Ireland to Oman were Cranes ($62.1M), Scented Mixtures ($32.2M), and Gas Turbines ($20.6M). During the last 5 years the exports of Ireland to Oman have increased at an annualized rate of 32.8%, from $34.7M in 2017 to $143M in 2022.

In 2017, Oman exported $19.3M to Ireland. The main products exported from Oman to Ireland were Raw Iron Bars ($10.1M), Raw Plastic Sheeting ($5.62M), and Essential Oils ($1.08M). During the last 5 years the exports of Oman to Ireland have increased at an annualized rate of 16.2%, from $5.81M in 2022 to $19.3M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Ireland than Oman included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Oman than Ireland included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Ireland - Oman

Flow
Scale

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

During 2022, Ireland had a large net trade with Oman in the exports of Machines ($87.7M), Chemical Products ($43.1M), and Foodstuffs ($7.49M).

During 2017, Oman had a large net trade with Ireland in the exports of Metals ($11.1M), Plastics and Rubbers ($6.6M), and Chemical Products ($1.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Oman+$8.32MPackaged Medicaments
Top Product Potential Oman Ireland+$2.05MRaw Plastic Sheeting

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 Ireland and Oman. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Ireland.

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

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