2022
Exports
$92.9MWorld Rnk 72 / 217
Flag Rnk 46 / 1042
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$462MWorld Rnk 74 / 224
Flag Rnk 9 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $92.9M in Packaged Medicaments, making it the 72nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 46th most exported product in Oman. The main destination of Packaged Medicaments exports from Oman are: United Arab Emirates ($30.5M), Saudi Arabia ($13.7M), Qatar ($9.47M), United Kingdom ($9.3M), and Kuwait ($4.49M).

The fastest growing export markets for Packaged Medicaments of Oman between 2021 and 2022 were United Arab Emirates ($2.05M), Turkey ($1.92M), and Malta ($1.82M).

Imports In 2022, Oman imported $462M in Packaged Medicaments, becoming the 74th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 9th most imported product in Oman. Oman imports Packaged Medicaments primarily from: United Arab Emirates ($114M), Qatar ($79.6M), Switzerland ($33.5M), Saudi Arabia ($32.4M), and Germany ($29.1M).

The fastest growing import markets in Packaged Medicaments for Oman between 2021 and 2022 were France ($9M), Germany ($6.92M), and Saudi Arabia ($5.15M).

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 Packaged Medicaments. 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)$92.9M
IMPORTS (2022)$462M
NET TRADE (2022)-$369M

In 2022, Oman exported $92.9M in Packaged Medicaments. The main destinations of Oman exports on Packaged Medicaments were United Arab Emirates ($30.5M), Saudi Arabia ($13.7M), Qatar ($9.47M), United Kingdom ($9.3M), and Kuwait ($4.49M).

In 2022, Oman imported $462M in Packaged Medicaments, mainly from United Arab Emirates ($114M), Qatar ($79.6M), Switzerland ($33.5M), Saudi Arabia ($32.4M), and Germany ($29.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United Arab Emirates$2.05M (7.21%)
Turkey$1.92M (777%)
Malta$1.82M (589%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Oman WERE (2021 - 2022):
Yemen-$16.4M (-94.1%)
Saudi Arabia-$13M (-48.7%)
Qatar-$4.62M (-32.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Packaged Medicaments were:
In 2022, Oman's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $8.89M
TOP IMPORT POTENTIALIndia+ $28.2M

Packaged Medicaments’s highest export potential is Saudi Arabia. With an export gap of $8.89M.   Packaged Medicaments’s highest import potential is India with an import gap of $28.2M.

See methodology.

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