2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

United Arab Emirates-Oman Trade: In 2022, United Arab Emirates exported $10.6B to Oman. The main products that United Arab Emirates exported to Oman were Refined Petroleum ($810M), Gold ($721M), and Broadcasting Equipment ($448M). Over the past 5 years the exports of United Arab Emirates to Oman have increased at an annualized rate of 60.8%, from $989M in 2017 to $10.6B in 2022.

In 2022, United Arab Emirates did not export any services to Oman.

Oman-United Arab Emirates Trade: In 2022, Oman exported $2.37B to United Arab Emirates. The main products that Oman exported to United Arab Emirates were Iron Ore ($371M), Refined Petroleum ($226M), and Raw Iron Bars ($182M). Over the past 5 years the exports of Oman to United Arab Emirates have increased at an annualized rate of 31.7%,  from $599M in 2017 to $2.37B in 2022.

In 2022, Oman did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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
Value

In 2022, United Arab Emirates exported $10.6B to Oman. The main products exported from United Arab Emirates to Oman were Refined Petroleum ($810M), Gold ($721M), and Broadcasting Equipment ($448M). During the last 5 years the exports of United Arab Emirates to Oman have increased at an annualized rate of 60.8%, from $989M in 2017 to $10.6B in 2022.

In 2017, Oman exported $2.37B to United Arab Emirates. The main products exported from Oman to United Arab Emirates were Iron Ore ($371M), Refined Petroleum ($226M), and Raw Iron Bars ($182M). During the last 22 years the exports of Oman to United Arab Emirates have increased at an annualized rate of 31.7%, from $599M in 1995 to $2.37B in 2017.

Exports from United Arab Emirates (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Oman (Flag)

United Arab Emirates Exports

Oman Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Oman
Top Destination
China$30.4B

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 2022, countries that imported more from United Arab Emirates than Oman included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Oman than United Arab Emirates included Madagascar ($337M).

Difference in imports from Oman (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Oman

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with Oman in the exports of Machines ($2.24B), Metals ($1.54B), and Mineral Products ($962M).

During 2017, Oman had a large net trade with United Arab Emirates in the exports of Mineral Products ($691M), Metals ($641M), and Transportation ($444M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Oman+$301MRefined Petroleum
Top Product Potential Oman United Arab Emirates+$160MRefined Petroleum

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

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

Product Space of United Arab Emirates (Flag) and Oman (Flag) (2022)

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