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Pricing

2022
Exports $8.6kWorld Rnk 97 / 166
Flag Rnk 879 / 1042
2022
Destination $5.44k Yemen
2021 - 2022
FASTEST GROWING MARKET $5.44kYemen
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts1.19Rnk 106 / 1025
2022
Imports $322kWorld Rnk 92 / 204
Flag Rnk 909 / 1175
2022
Origin $10.2k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $10.2kUnited States
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $8.6k in Musical Instrument Parts, making it the 97th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 879th most exported product in Oman. The main destination of Musical Instrument Parts exports from Oman are: Yemen ($5.44k), Saudi Arabia ($2.76k), United Arab Emirates ($294), and Iran ($109).

The fastest growing export markets for Musical Instrument Parts of Oman between 2021 and 2022 were Yemen ($5.44k) and United Arab Emirates ($294).

Imports In 2022, Oman imported $322k in Musical Instrument Parts, becoming the 92nd largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 909th most imported product in Oman. Oman imports Musical Instrument Parts primarily from: United Arab Emirates ($124k), United Kingdom ($45.7k), Italy ($43.2k), China ($33.4k), and United States ($30.5k).

The fastest growing import markets in Musical Instrument Parts for Oman between 2021 and 2022 were United States ($10.2k), China ($8.43k), and Pakistan ($6.58k).

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 Musical Instrument Parts. 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)$8.6k
IMPORTS (2022)$322k
NET TRADE (2022)-$314k

In 2022, Oman exported $8.6k in Musical Instrument Parts. The main destinations of Oman exports on Musical Instrument Parts were Yemen ($5.44k), Saudi Arabia ($2.76k), United Arab Emirates ($294), and Iran ($109).

In 2022, Oman imported $322k in Musical Instrument Parts, mainly from United Arab Emirates ($124k), United Kingdom ($45.7k), Italy ($43.2k), China ($33.4k), and United States ($30.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Yemen$5.44k (1%)
United Arab Emirates$294 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Oman WERE (2021 - 2022):
Qatar-$26.8k (-100%)
Saudi Arabia-$18k (-86.7%)
Iran-$601 (-84.6%)
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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 Musical Instrument Parts were:
China $367M
United States $290M
Germany $217M
In 2022, Oman's main importing competitors in Musical Instrument Parts were:
United States $309M
Germany $168M
China $160M

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $1.55k
TOP IMPORT POTENTIALChina+ $50.8k

Musical Instrument Parts’s highest export potential is Saudi Arabia. With an export gap of $1.55k.   Musical Instrument Parts’s highest import potential is China with an import gap of $50.8k.

See methodology.

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