2022
Exports
$9.32MWorld Rnk 80 / 216
Flag Rnk 169 / 1042
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$78.3MWorld Rnk 75 / 222
Flag Rnk 93 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $9.32M in Industrial Fatty Acids, Oils and Alcohols, making it the 80th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 169th most exported product in Oman. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Oman are: India ($2.34M), New Zealand ($1.64M), France ($1.02M), Qatar ($742k), and Saudi Arabia ($677k).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Oman between 2021 and 2022 were India ($1.81M), France ($1.02M), and Saudi Arabia ($595k).

Imports In 2022, Oman imported $78.3M in Industrial Fatty Acids, Oils and Alcohols, becoming the 75th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 93rd most imported product in Oman. Oman imports Industrial Fatty Acids, Oils and Alcohols primarily from: United Arab Emirates ($33.4M), China ($9.62M), India ($9.43M), United States ($5.95M), and United Kingdom ($3.83M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Oman between 2021 and 2022 were China ($4.89M), India ($3.22M), and United States ($1.64M).

Latest Trends

Sep 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 Industrial Fatty Acids, Oils and Alcohols. 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)$9.32M
IMPORTS (2022)$78.3M
NET TRADE (2022)-$69M

In 2022, Oman exported $9.32M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Oman exports on Industrial Fatty Acids, Oils and Alcohols were India ($2.34M), New Zealand ($1.64M), France ($1.02M), Qatar ($742k), and Saudi Arabia ($677k).

In 2022, Oman imported $78.3M in Industrial Fatty Acids, Oils and Alcohols, mainly from United Arab Emirates ($33.4M), China ($9.62M), India ($9.43M), United States ($5.95M), and United Kingdom ($3.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Oman WERE (2021 - 2022):
India$1.81M (346%)
France$1.02M (50.7k%)
Saudi Arabia$595k (722%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Oman WERE (2021 - 2022):
Yemen-$1.18M (-89%)
United Arab Emirates-$1.1M (-69.4%)
Iran-$234k (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Oman's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $504k
TOP IMPORT POTENTIALIndonesia+ $778k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is India. With an export gap of $504k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $778k.

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