2022
Exports
$23MWorld Rnk 40 / 155
Flag Rnk 111 / 1042
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$11.8MWorld Rnk 116 / 219
Flag Rnk 362 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $23M in Margarine, making it the 40th largest exporter of Margarine in the world. At the same year, Margarine was the 111th most exported product in Oman. The main destination of Margarine exports from Oman are: Yemen ($11.8M), Saudi Arabia ($5.84M), Qatar ($1.75M), Jordan ($1.67M), and United Arab Emirates ($759k).

The fastest growing export markets for Margarine of Oman between 2021 and 2022 were Yemen ($3.89M), Jordan ($1.67M), and Qatar ($1.23M).

Imports In 2022, Oman imported $11.8M in Margarine, becoming the 116th largest importer of Margarine in the world. At the same year, Margarine was the 362nd most imported product in Oman. Oman imports Margarine primarily from: United Arab Emirates ($4.26M), Indonesia ($3.39M), Malaysia ($2.83M), Singapore ($503k), and United States ($112k).

The fastest growing import markets in Margarine for Oman between 2021 and 2022 were Indonesia ($2.59M), Malaysia ($1.42M), and United Arab Emirates ($547k).

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 Margarine. 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)$23M
IMPORTS (2022)$11.8M
NET TRADE (2022)$11.2M

In 2022, Oman exported $23M in Margarine. The main destinations of Oman exports on Margarine were Yemen ($11.8M), Saudi Arabia ($5.84M), Qatar ($1.75M), Jordan ($1.67M), and United Arab Emirates ($759k).

In 2022, Oman imported $11.8M in Margarine, mainly from United Arab Emirates ($4.26M), Indonesia ($3.39M), Malaysia ($2.83M), Singapore ($503k), and United States ($112k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Yemen$3.89M (48.9%)
Jordan$1.67M (1%)
Qatar$1.23M (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Oman WERE (2021 - 2022):
Saudi Arabia-$362k (-5.83%)
Iran-$136k (-100%)
Bahrain-$95.2k (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Margarine were:
In 2022, Oman's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $532k
TOP IMPORT POTENTIALIndonesia+ $1.09M

Margarine’s highest export potential is United Arab Emirates. With an export gap of $532k.   Margarine’s highest import potential is Indonesia with an import gap of $1.09M.

See methodology.

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