2022
Exports
$201kWorld Rnk 93 / 194
Flag Rnk 597 / 1042
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
Imports
$1.31MWorld Rnk 71 / 217
Flag Rnk 744 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $201k in Wood Ornaments, making it the 93rd largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 597th most exported product in Oman. The main destination of Wood Ornaments exports from Oman are: Saudi Arabia ($90.2k), United Arab Emirates ($76.5k), Kuwait ($7.51k), Bahrain ($6.53k), and Yemen ($4.03k).

The fastest growing export markets for Wood Ornaments of Oman between 2021 and 2022 were Saudi Arabia ($89.4k), United Arab Emirates ($47.6k), and Kuwait ($7.51k).

Imports In 2018, Oman imported $1.31M in Wood Ornaments, becoming the 71st largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 744th most imported product in Oman. Oman imports Wood Ornaments primarily from: United Arab Emirates ($915k), China ($174k), Saudi Arabia ($38.3k), Japan ($26.5k), and Qatar ($23.2k).

The fastest growing import markets in Wood Ornaments for Oman between 2021 and 2022 were Japan ($26k), Saudi Arabia ($22.3k), and Bahrain ($16.1k).

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 Wood Ornaments. 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)$201k
IMPORTS (2022)$1.31M
NET TRADE (2022)-$1.11M

In 2022, Oman exported $201k in Wood Ornaments. The main destinations of Oman exports on Wood Ornaments were Saudi Arabia ($90.2k), United Arab Emirates ($76.5k), Kuwait ($7.51k), Bahrain ($6.53k), and Yemen ($4.03k).

In 2022, Oman imported $1.31M in Wood Ornaments, mainly from United Arab Emirates ($915k), China ($174k), Saudi Arabia ($38.3k), Japan ($26.5k), and Qatar ($23.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Saudi Arabia$89.4k (11.1k%)
Kuwait$7.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Oman WERE (2021 - 2022):
Qatar-$78.8k (-95.9%)
Yemen-$16.5k (-80.4%)
China-$910 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Oman's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $35.3k
TOP IMPORT POTENTIALChina+ $224k

Wood Ornaments’s highest export potential is Saudi Arabia. With an export gap of $35.3k.   Wood Ornaments’s highest import potential is China with an import gap of $224k.

See methodology.

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