2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Oman-Germany Trade: In 2022, Oman exported $115M to Germany. The main products that Oman exported to Germany were Raw Aluminium ($33.8M), Gas Turbines ($14.4M), and Cars ($8.11M). Over the past 5 years the exports of Oman to Germany have increased at an annualized rate of 9.35%, from $73.4M in 2017 to $115M in 2022.

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

Germany-Oman Trade: In 2022, Germany exported $865M to Oman. The main products that Germany exported to Oman were Concentrated Milk ($84.6M), Cars ($77M), and Planes, Helicopters, and/or Spacecraft ($75.2M). Over the past 5 years the exports of Germany to Oman have decreased at an annualized rate of 2.98%,  from $1.01B in 2017 to $865M in 2022.

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

Comparison: In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $115M to Germany. The main products exported from Oman to Germany were Raw Aluminium ($33.8M), Gas Turbines ($14.4M), and Cars ($8.11M). During the last 5 years the exports of Oman to Germany have increased at an annualized rate of 9.35%, from $73.4M in 2017 to $115M in 2022.

In 2017, Germany exported $865M to Oman. The main products exported from Germany to Oman were Concentrated Milk ($84.6M), Cars ($77M), and Planes, Helicopters, and/or Spacecraft ($75.2M). During the last 5 years the exports of Germany to Oman have decreased at an annualized rate of 2.98%, from $1.01B in 2022 to $865M in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Germany (Flag)

Oman Exports

Germany Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Oman than Germany included Mauritius ($544M), Yemen ($411M), and Madagascar ($337M).

In 2022, countries that imported more from Germany than Oman included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Oman - Germany

Flow
Scale

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

During 2022, Oman had a large net trade with Germany in the exports of Metals ($38.9M), Machines ($19.4M), and Transportation ($17.9M).

During 2017, Germany had a large net trade with Oman in the exports of Machines ($222M), Transportation ($187M), and Chemical Products ($118M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Germany+$32.6MRefined Petroleum
Top Product Potential Germany Oman+$74.7MCars

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

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

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