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Pricing

2022
Flag → Flag
Exports $7.51kRnk 163 / 171
2022
Flag → Flag
Top Product $3.36kCrustaceans
2022
Flag → Flag
Exports $282kRnk 97 / 160
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Oman-Iceland Trade: In 2022, Oman exported $7.51k to Iceland. The main products that Oman exported to Iceland were Crustaceans ($3.36k), Motor vehicles; parts and accessories (8701 to 8705) ($1.5k), and Electric Batteries ($1.49k). Over the past 5 years the exports of Oman to Iceland have decreased at an annualized rate of 17.4%, from $19.5k in 2017 to $7.51k in 2022.

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

Iceland-Oman Trade: In 2022, Iceland exported $282k to Oman. The main products that Iceland exported to Oman were N/A. Over the past 5 years the exports of Iceland to Oman have increased at an annualized rate of 53.6%,  from $33k in 2017 to $282k in 2022.

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

Comparison In N/A,  Oman ranked 50 in total exports ($76.4B). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $7.51k to Iceland. The main products exported from Oman to Iceland were Crustaceans ($3.36k), Motor vehicles; parts and accessories (8701 to 8705) ($1.5k), and Electric Batteries ($1.49k). During the last 5 years the exports of Oman to Iceland have decreased at an annualized rate of 17.4%, from $19.5k in 2017 to $7.51k in 2022.

In 2017, Iceland exported $282k to Oman. There were not main exports from Iceland to Oman in 2017. During the last 5 years the exports of Iceland to Oman have increased at an annualized rate of 53.6%, from $33k in 2022 to $282k in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Iceland (Flag)

Oman Exports

Comparative Advantage Oman - Iceland

Flow
Scale

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

During 2022, Oman had a large net trade with Iceland in the exports of Animal Products ($3.36k), Machines ($1.67k), and Transportation ($1.5k).

During 2017, Iceland had a large net trade with Oman in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
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Top Product Potential Oman Iceland+N/AN/A
Top Product Potential Iceland Oman+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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