2022
Exports
$1.35MWorld Rnk 66 / 195
Flag Rnk 355 / 1042
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$18.6MWorld Rnk 69 / 224
Flag Rnk 293 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $1.35M in Lubricating Products, making it the 66th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 355th most exported product in Oman. The main destination of Lubricating Products exports from Oman are: United Arab Emirates ($518k), Jordan ($272k), Kuwait ($166k), Iran ($137k), and Qatar ($73.2k).

The fastest growing export markets for Lubricating Products of Oman between 2021 and 2022 were Jordan ($171k), Iran ($86.1k), and Kuwait ($52.4k).

Imports In 2022, Oman imported $18.6M in Lubricating Products, becoming the 69th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 293rd most imported product in Oman. Oman imports Lubricating Products primarily from: United Arab Emirates ($8.81M), United Kingdom ($2.11M), United States ($1.15M), India ($920k), and Germany ($918k).

The fastest growing import markets in Lubricating Products for Oman between 2021 and 2022 were United Kingdom ($1.15M), United States ($602k), and India ($425k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.35M
IMPORTS (2022)$18.6M
NET TRADE (2022)-$17.3M

In 2022, Oman exported $1.35M in Lubricating Products. The main destinations of Oman exports on Lubricating Products were United Arab Emirates ($518k), Jordan ($272k), Kuwait ($166k), Iran ($137k), and Qatar ($73.2k).

In 2022, Oman imported $18.6M in Lubricating Products, mainly from United Arab Emirates ($8.81M), United Kingdom ($2.11M), United States ($1.15M), India ($920k), and Germany ($918k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Jordan$171k (167%)
Iran$86.1k (170%)
Kuwait$52.4k (46%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Oman WERE (2021 - 2022):
Saudi Arabia-$781k (-99.2%)
Yemen-$110k (-97.2%)
South Africa-$83.1k (-75.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Oman's main exporting competitors in Lubricating Products were:
In 2022, Oman's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $173k
TOP IMPORT POTENTIALGermany+ $749k

Lubricating Products’s highest export potential is United Arab Emirates. With an export gap of $173k.   Lubricating Products’s highest import potential is Germany with an import gap of $749k.

See methodology.

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