2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Chile-Oman Trade: In 2023, Chile exported $10.7M to Oman. The main products that Chile exported to Oman were Refined Copper ($4.13M), Sawn Wood ($3.01M), and Other Ores ($1.2M). Over the past 5 years the exports of Chile to Oman have decreased at an annualized rate of 16.3%, from $26.1M in 2018 to $10.7M in 2023.

In 2023, Chile did not export any services to Oman.

Oman-Chile In N/A, Oman did not export any products to Chile.

In 2023, Oman did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $10.7M to Oman. The main products exported from Chile to Oman were Refined Copper ($4.13M), Sawn Wood ($3.01M), and Other Ores ($1.2M). During the last 5 years the exports of Chile to Oman have decreased at an annualized rate of 16.3%, from $26.1M in 2018 to $10.7M in 2023.

Oman does not register exports to Chile. The main products exported from Oman to Chile were Fish Oil ($3.33M), Raw Plastic Sheeting ($1.71M), and Packaged Medicaments ($858k).

Exports from Chile (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Chile than Oman included United States ($15.7B), China ($38.2B), and South Korea ($6.02B).

In 2023, countries that imported more from Oman than Chile included Saudi Arabia ($3.64B), United Arab Emirates ($3.49B), and India ($4.5B).

Difference in imports from Oman (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - Oman

Flow
Scale

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

During 2023, Chile had a large net trade with Oman in the exports of Metals ($4.14M), Wood Products ($3.3M), and Vegetable Products ($1.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Oman+$500kWood Fiberboard
Top Product Potential Oman Chile+$4.32MNitrogenous Fertilizers

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

Product Space of Chile (Flag) and Oman (Flag) (2023)

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