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Pricing

2022
Flag → Flag
Exports $437MRnk 68 / 224
2022
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Top Product $76.1MGas Turbines
2022
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Exports $259MRnk 30 / 171
2022
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Top Product $119MSpark-Ignition Engines
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI -0.15Rnk 68 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

United Kingdom-Oman In 2022, United Kingdom exported $437M to Oman. The main products that United Kingdom exported to Oman are Gas Turbines ($76.1M), Cars ($45.7M), and Packaged Medicaments ($20.9M). During the last 27 years the exports of United Kingdom to Oman have decreased at an annualized rate of 1.15%, from $598M in 1995 to $437M in 2022.

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

Oman-United Kingdom In 2022, Oman exported $259M to United Kingdom. The main products that Oman exported to United Kingdom were Spark-Ignition Engines ($119M), Raw Plastic Sheeting ($19M), and Refined Petroleum ($16.4M). During the last 27 years the exports of Oman to United Kingdom have increased at an annualized rate of 3.06%, from $115M in 1995 to $259M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £53.7M and imported £7.94M from Oman, resulting in a positive trade balance of £45.7M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £7.25M (15.6%) from £46.4M to £53.7M, while imports decreased by £-14.9M (-65.3%) from £22.8M to £7.94M.

Trade In January 2024, the top exports of United Kingdom to Oman were Gas Turbines (£21.9M), Air Pumps (£1.84M), Cars (£1.71M), Insulated Wire (£1.59M), and Gas and Liquid Flow Measuring Instruments (£1.22M). In January 2024 the top imports of United Kingdom from Oman were Gas Turbines (£14.8M), Packaged Medicaments (£1.42M), Motor vehicles; parts and accessories (8701... (£902k), Compasses (£716k), and Broadcasting Equipment (£552k).

Origins In January 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£35.8M), Southampton (£4.64M), London Gateway (£2.31M), Manchester Airport (£2.2M), and East Midlands Airport (£1.69M), while imports destinations were mainly London Heathrow Airport (£3.74M), Felixstowe (£1.55M), Middlesbrough (£937k), Bournemouth (Hurn) Airport (£828k), and London Stansted Airport (£239k).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Oman was explained primarily by an increase in product exports in Insulated Wire (£1.45M or 1.02k%), Air Conditioners (£1.16M or 7.65k%), and Air Pumps (£1.13M or 157%). In January 2024, the decrease in United Kingdom's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in Aircraft parts including unmanned craft (£-810k or -78.2%), Raw Plastic Sheeting (£-644k or -78.6%), and Motor vehicles; parts and accessories (8701... (£-320k or -26.2%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£7.25M(15.6%)
IMPORT GROWTH (January 2023 - January 2024)£-14.9M(-65.3%)
MAIN EXPORTER (January 2024)London Heathrow Airport£35.8M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Oman and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $437M to Oman. The main products exported from United Kingdom to Oman were Gas Turbines ($76.1M), Cars ($45.7M), and Packaged Medicaments ($20.9M). During the last 27 years the exports of United Kingdom to Oman have decreased at an annualized rate of 1.15%, from $598M in 1995 to $437M in 2022.

In 2022, Oman exported $259M to United Kingdom. The main products exported from Oman to United Kingdom were Spark-Ignition Engines ($119M), Raw Plastic Sheeting ($19M), and Refined Petroleum ($16.4M). During the last 27 years the exports of Oman to United Kingdom have increased at an annualized rate of 3.06%, from $115M in 1995 to $259M in 2022.

Exports from United Kingdom (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Oman
Top DestinationChina$30.4B

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

In 2021, countries that imported more from United Kingdom than Oman were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Oman than United Kingdom were India ($8.15B), Chinese Taipei ($2.69B), and Iran ($539M).

Difference in imports from Oman (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Oman

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Oman in the exports of Machines ($216M), Transportation ($61.8M), and Chemical Products ($41.3M).

During 2022, Oman had a large net trade with United Kingdom in the exports of Machines ($146M), Plastics and Rubbers ($28.1M), and Transportation ($20.1M).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Oman (Flag) (2022)

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