Flag United Arab Emirates / Oman Flag

2019
Flag β†’ Flag  
Exports
: $10.9B, Rnk 7 / 211

2019
Flag β†’ Flag
Top Product
: $938M, Broadcasting Equipment

2019
Flag β†’ Flag
Exports
: $2.08B, Rnk 5 / 114

2019
Flag β†’ Flag
Top Product
: $401M, Raw Iron Bars

2019
Flag
Economic Complexity (ECI)
: ECI 0.31, Rnk 56 / 157

2019
Flag
Economic Complexity (ECI)
: ECI -0.19, Rnk 83 / 157

2019
Flag  
GDP
: $421B, CURRENT US$
Rnk 28 / 187

2009-2019
Flag
GDP GROWTH
: 66.1%, CURRENT US$
Rnk 68 / 187

2019
Flag
 GDP
: $76.3B, CURRENT US$
Rnk 69 / 187

2009-2019
Flag
GDP GROWTH
: 57.7%, CURRENT US$
Rnk 82 / 187

2019
Flag
GDP PC 
: $43,103, CURRENT US$
Rnk 22 / 187

2009-2019
Flag
GDP PC GROWTH
: 34.6%, CURRENT US$
Rnk 83 / 187

2019
Flag
GDP PC 
: $15,343, CURRENT US$
Rnk 58 / 187

2009-2019
Flag
GDP PC GROWTH
: -8.8%, CURRENT US$
Rnk 175 / 187

United Arab Emirates-Oman: In 2019, United Arab Emirates exported $10.9B to Oman. The main products that United Arab Emirates exported to Oman are Broadcasting Equipment ($938M), Cars ($841M), and Gold ($761M). During the last 24 years the exports of United Arab Emirates to Oman have increased at an annualized rate of 10.5%, from $990M in 1995 to $10.9B in 2019.

In 2019, United Arab Emirates did not exported services to Oman.

Oman-United Arab Emirates: In 2019, Oman exported $2.08B to United Arab Emirates . The main products that Oman exported to United Arab Emirates were Raw Iron Bars ($401M), Iron Ore ($161M), and Refined Petroleum ($143M). During the last 24 years the exports of Oman to United Arab Emirates have increased at an annualized rate of 5.34%, from $599M in 1995 to $2.08B in 2019.

In 2019, Oman did not exported services to United Arab Emirates.

Comparison: In 2019,  United Arab Emirates ranked 56 in the Economic Complexity Index (ECI 0.31), and 24 in total exports ($248B). That same year, Oman ranked 83 in the Economic Complexity Index (ECI -0.19), and 57 in total exports ($37.5B).

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2019, United Arab Emirates exported $10.9B to Oman. The main products exported from United Arab Emirates to Oman were Broadcasting Equipment ($938M), Cars ($841M), and Gold ($761M). During the last 24 years the exports of United Arab Emirates to Oman have increased at an annualized rate of 10.5%, from $990M in 1995 to $10.9B in 2019.

In 2019, Oman exported $2.08B to United Arab Emirates. The main products exported from Oman to United Arab Emirates were Raw Iron Bars ($401M), Iron Ore ($161M), and Refined Petroleum ($143M). During the last 24 years the exports of Oman to United Arab Emirates have increased at an annualized rate of 5.34%, from $599M in 1995 to $2.08B in 2019.

Market Competitiveness

#permalink to section
Measure

United Arab Emirates
Top Destination
: India, $26.8B

Oman
Top Destination
: China, $17.3B

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

In 2019, countries that imported more from United Arab Emirates than Oman were India ($26.8B), Japan ($24B), and Saudi Arabia ($17.9B).

In 2019, countries that imported more from Oman than United Arab Emirates were China ($17.3B), Qatar ($906M), and Finland ($40.4M).

Comparative Advantage United Arab Emirates - Oman

#permalink to section
Depth

This chart compares trade between United Arab Emirates and Oman by product, considering products traded by both, United Arab Emirates and Oman.

During 2019, United Arab Emirates had a large net trade with Oman in the exports of Machines ($3.14B), Transportation ($1.32B), and Metals ($1.17B).

During 2019, Oman had a large net trade with United Arab Emirates in the exports of Metals ($793M), Mineral Products ($494M), and Machines ($150M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United Arab Emirates has comparative advantage over Oman. Similarly, the more red a dot/product is, the more Oman has comparative advantage over United Arab Emirates.