2022
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GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC 
$25,057CURRENT US$
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2012-2022
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GDP PC GROWTH
1.35%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Oman-Japan Trade: In 2022, Oman exported $2.71B to Japan. The main products that Oman exported to Japan were Petroleum Gas ($1.61B), Crude Petroleum ($1.04B), and Gypsum ($16.5M). Over the past 5 years the exports of Oman to Japan have increased at an annualized rate of 10.3%, from $1.67B in 2017 to $2.71B in 2022.

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

Japan-Oman Trade: In 2022, Japan exported $1.21B to Oman. The main products that Japan exported to Oman were Cars ($596M), Iron Pipes ($126M), and Delivery Trucks ($117M). Over the past 5 years the exports of Japan to Oman have decreased at an annualized rate of 12%,  from $2.28B in 2017 to $1.21B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $2.71B to Japan. The main products exported from Oman to Japan were Petroleum Gas ($1.61B), Crude Petroleum ($1.04B), and Gypsum ($16.5M). During the last 5 years the exports of Oman to Japan have increased at an annualized rate of 10.3%, from $1.67B in 2017 to $2.71B in 2022.

In 2017, Japan exported $1.21B to Oman. The main products exported from Japan to Oman were Cars ($596M), Iron Pipes ($126M), and Delivery Trucks ($117M). During the last 5 years the exports of Japan to Oman have decreased at an annualized rate of 12%, from $2.28B in 2022 to $1.21B in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Japan (Flag)

Oman Exports

Japan Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Oman than Japan included Iran ($539M), Mauritius ($544M), and Madagascar ($337M).

In 2022, countries that imported more from Japan than Oman included United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Oman - Japan

Flow
Scale

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

During 2022, Oman had a large net trade with Japan in the exports of Mineral Products ($2.67B), Foodstuffs ($16.1M), and Chemical Products ($10.3M).

During 2017, Japan had a large net trade with Oman in the exports of Transportation ($839M), Machines ($148M), and Metals ($137M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Japan+$726MCrude Petroleum
Top Product Potential Japan Oman+$9.53MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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