Albania (ALB) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Albania-Oman Trade: In 2022, Albania exported $280k to Oman. The main products that Albania exported to Oman were Iron Cloth ($255k), Seats ($21.5k), and Self-adhesive Plastics ($3.75k). Over the past 5 years the exports of Albania to Oman have increased at an annualized rate of 16.5%, from $131k in 2017 to $280k in 2022.

In 2022, Albania did not export any services to Oman.

Oman-Albania Trade: In 2022, Oman exported $11.9M to Albania. The main products that Oman exported to Albania were Raw Aluminium ($10.1M), Polyacetals ($1.7M), and Cars ($50.4k). Over the past 5 years the exports of Oman to Albania have increased at an annualized rate of 83.1%, from $173k in 2017 to $11.9M in 2022.

In 2022, Oman did not export any services to Albania.

Comparison: In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Albania exported $280k to Oman. The main products exported from Albania to Oman were Iron Cloth ($255k), Seats ($21.5k), and Self-adhesive Plastics ($3.75k). During the last 5 years the exports of Albania to Oman have increased at an annualized rate of 16.5%, from $131k in 2017 to $280k in 2022.

In 2017, Oman exported $11.9M to Albania. The main products exported from Oman to Albania were Raw Aluminium ($10.1M), Polyacetals ($1.7M), and Cars ($50.4k). During the last 5 years the exports of Oman to Albania have increased at an annualized rate of 83.1%, from $173k in 2022 to $11.9M in 2017.

Exports from Albania () to Oman () (2022)

Exports from Oman () to Albania () (2022)

Latest Data

Trade between Albania () and Oman ()

Albania Exports

Date

Sep 2012

Aug 2012

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.75B

Oman
Top DestinationChina$30.4B

This map shows whether countries import more from Albania or Oman. Each country is colored based on the difference in imports they receive from Albania and Oman or the difference in the growth in imports.

In 2022, countries that imported more from Albania than Oman included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

In 2022, countries that imported more from Oman than Albania included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman () and Albania () (2022)

Comparative Advantage Albania - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Albania and Oman by product, considering products traded by both, Albania and Oman.

During 2022, Albania had a large net trade with Oman in the exports of Metals ($255k), Miscellaneous ($21.5k), and Plastics and Rubbers ($3.75k).

During 2017, Oman had a large net trade with Albania in the exports of Metals ($10.1M), Plastics and Rubbers ($1.7M), and Transportation ($50.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Oman+$46.1kSeats

Top Product Potential Oman Albania+$212kPolyacetals

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Albania and Oman. This means that a dot/product with the flag of Albania indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Albania.

About

Historical Data

Bilateral Trade by Products

Exports from Albania () to Oman () (2022)

Exports from Oman () to Albania () (2022)

Latest Data

Trade between Albania () and Oman ()

Albania Exports

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Albania () (2022)

Comparative Advantage Albania - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Oman () (2022)

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