Bulgaria (BGR) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Bulgaria-Oman Trade: In 2022, Bulgaria exported $14.9M to Oman. The main products that Bulgaria exported to Oman were Kraft Paper ($4.46M), Electrical Control Boards ($2.46M), and Air Pumps ($1.17M). Over the past 5 years the exports of Bulgaria to Oman have increased at an annualized rate of 2.31%, from $13.3M in 2017 to $14.9M in 2022.

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

Oman-Bulgaria Trade: In 2022, Oman exported $18.4M to Bulgaria. The main products that Oman exported to Bulgaria were Aluminium Plating ($14.4M), Polyacetals ($1.52M), and Raw Aluminium ($1.11M). Over the past 5 years the exports of Oman to Bulgaria have increased at an annualized rate of 55.1%, from $2.05M in 2017 to $18.4M in 2022.

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

Comparison: In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). 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, Bulgaria exported $14.9M to Oman. The main products exported from Bulgaria to Oman were Kraft Paper ($4.46M), Electrical Control Boards ($2.46M), and Air Pumps ($1.17M). During the last 5 years the exports of Bulgaria to Oman have increased at an annualized rate of 2.31%, from $13.3M in 2017 to $14.9M in 2022.

In 2017, Oman exported $18.4M to Bulgaria. The main products exported from Oman to Bulgaria were Aluminium Plating ($14.4M), Polyacetals ($1.52M), and Raw Aluminium ($1.11M). During the last 5 years the exports of Oman to Bulgaria have increased at an annualized rate of 55.1%, from $2.05M in 2022 to $18.4M in 2017.

Exports from Bulgaria () to Oman () (2022)

Exports from Oman () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Oman ()

Bulgaria Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Bulgaria than Oman included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

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

Comparative Advantage Bulgaria - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Oman in the exports of Machines ($5.62M), Paper Goods ($4.47M), and Chemical Products ($1.35M).

During 2017, Oman had a large net trade with Bulgaria in the exports of Metals ($15.5M), Plastics and Rubbers ($1.56M), and Machines ($532k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Oman+$825kSeed Oils

Top Product Potential Oman Bulgaria+$1.35MPolyacetals

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 Bulgaria and Oman. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Bulgaria.

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Oman () (2022)

Exports from Oman () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Oman ()

Bulgaria Exports

Oman Exports

Market Competitiveness

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

Comparative Advantage Bulgaria - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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