2022
Exports
$380kWorld Rnk 61 / 156
Flag Rnk 503 / 1042
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$2MWorld Rnk 84 / 210
Flag Rnk 676 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $380k in Drilling Machines, making it the 61st largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 503rd most exported product in Oman. The main destination of Drilling Machines exports from Oman are: China ($242k), Italy ($53k), United Arab Emirates ($52.9k), Belgium ($18.8k), and Sweden ($4.98k).

The fastest growing export markets for Drilling Machines of Oman between 2021 and 2022 were China ($242k), Belgium ($18.8k), and Sweden ($4.98k).

Imports In 2022, Oman imported $2M in Drilling Machines, becoming the 84th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 676th most imported product in Oman. Oman imports Drilling Machines primarily from: United Arab Emirates ($618k), Germany ($363k), United Kingdom ($328k), China ($111k), and India ($97.5k).

The fastest growing import markets in Drilling Machines for Oman between 2021 and 2022 were Germany ($214k), United Arab Emirates ($89.5k), and Jordan ($56.3k).

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 Drilling Machines. 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)$380k
IMPORTS (2022)$2M
NET TRADE (2022)-$1.62M

In 2022, Oman exported $380k in Drilling Machines. The main destinations of Oman exports on Drilling Machines were China ($242k), Italy ($53k), United Arab Emirates ($52.9k), Belgium ($18.8k), and Sweden ($4.98k).

In 2022, Oman imported $2M in Drilling Machines, mainly from United Arab Emirates ($618k), Germany ($363k), United Kingdom ($328k), China ($111k), and India ($97.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Oman WERE (2021 - 2022):
China$242k (1%)
Belgium$18.8k (1%)
Sweden$4.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Oman WERE (2021 - 2022):
Germany-$353k (-100%)
Italy-$257k (-82.9%)
United Arab Emirates-$134k (-71.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Drilling Machines were:
In 2022, Oman's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $91.6k
TOP IMPORT POTENTIALGermany+ $128k

Drilling Machines’s highest export potential is China. With an export gap of $91.6k.   Drilling Machines’s highest import potential is Germany with an import gap of $128k.

See methodology.

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