2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 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

Brazil-Oman Trade: In 2022, Brazil exported $1.05B to Oman. The main products that Brazil exported to Oman were Iron Ore ($840M), Poultry Meat ($148M), and Corn ($18M). Over the past 5 years the exports of Brazil to Oman have increased at an annualized rate of 8.33%, from $703M in 2017 to $1.05B in 2022.

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

Oman-Brazil Trade: In 2022, Oman exported $738M to Brazil. The main products that Oman exported to Brazil were Nitrogenous Fertilizers ($596M), Refined Petroleum ($30.2M), and Coal Tar Oil ($28.7M). Over the past 5 years the exports of Oman to Brazil have increased at an annualized rate of 26.9%,  from $224M in 2017 to $738M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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, Brazil exported $1.05B to Oman. The main products exported from Brazil to Oman were Iron Ore ($840M), Poultry Meat ($148M), and Corn ($18M). During the last 5 years the exports of Brazil to Oman have increased at an annualized rate of 8.33%, from $703M in 2017 to $1.05B in 2022.

In 2017, Oman exported $738M to Brazil. The main products exported from Oman to Brazil were Nitrogenous Fertilizers ($596M), Refined Petroleum ($30.2M), and Coal Tar Oil ($28.7M). During the last 5 years the exports of Oman to Brazil have increased at an annualized rate of 26.9%, from $224M in 2022 to $738M in 2017.

Exports from Brazil (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Brazil than Oman included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Oman than Brazil included India ($8.15B), Qatar ($1.09B), and Chinese Taipei ($2.69B).

Difference in imports from Oman (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Oman

Flow
Scale

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

During 2022, Brazil had a large net trade with Oman in the exports of Mineral Products ($841M), Animal Products ($154M), and Vegetable Products ($18.8M).

During 2017, Oman had a large net trade with Brazil in the exports of Chemical Products ($609M), Mineral Products ($60M), and Plastics and Rubbers ($44.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Oman+$6.1MCorn
Top Product Potential Oman Brazil+$93.5MRefined 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 Brazil and Oman. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Oman (Flag) (2022)

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