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2022
Exports $6.54kWorld Rnk 80 / 125
Flag Rnk 899 / 1042
2022
Destination $5.83k Turkey
2021 - 2022
FASTEST GROWING MARKET $5.83kTurkey
2022
Imports $379kWorld Rnk 81 / 197
Flag Rnk 895 / 1175
2022
Origin $70.8k Poland
2021 - 2022
FASTEST GROWING ORIGIN $70.8kPoland
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $6.54k in Balances, making it the 80th largest exporter of Balances in the world. At the same year, Balances was the 899th most exported product in Oman. The main destination of Balances exports from Oman are: Turkey ($5.83k), United Arab Emirates ($666), and Qatar ($47).

The fastest growing export markets for Balances of Oman between 2021 and 2022 were Turkey ($5.83k), United Arab Emirates ($648), and Qatar ($47).

Imports In 2022, Oman imported $379k in Balances, becoming the 81st largest importer of Balances in the world. At the same year, Balances was the 895th most imported product in Oman. Oman imports Balances primarily from: Poland ($99.1k), Qatar ($88.8k), United Arab Emirates ($73.2k), Germany ($29.3k), and Netherlands ($22.8k).

The fastest growing import markets in Balances for Oman between 2021 and 2022 were Poland ($70.8k), Qatar ($69.1k), and Netherlands ($13.4k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Balances. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.54k
IMPORTS (2022)$379k
NET TRADE (2022)-$372k

In 2022, Oman exported $6.54k in Balances. The main destinations of Oman exports on Balances were Turkey ($5.83k), United Arab Emirates ($666), and Qatar ($47).

In 2022, Oman imported $379k in Balances, mainly from Poland ($99.1k), Qatar ($88.8k), United Arab Emirates ($73.2k), Germany ($29.3k), and Netherlands ($22.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Turkey$5.83k (1%)
United Arab Emirates$648 (3.6k%)
Qatar$47 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Oman WERE (2021 - 2022):
Ethiopia-$7.88k (-100%)
Bahrain-$499 (-100%)
Yemen-$450 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Balances were:
China $102M
Germany $101M
Netherlands $48.4M
In 2022, Oman's main importing competitors in Balances were:
United States $51.8M
Germany $27.3M
India $26.3M

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.07k
TOP IMPORT POTENTIALGermany+ $17.2k

Balances’s highest export potential is United Arab Emirates. With an export gap of $1.07k.   Balances’s highest import potential is Germany with an import gap of $17.2k.

See methodology.

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