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2023
Flag → Flag
Exports $411MRnk 69 / 223
2023
Flag → Flag
Top Product $62.8MGas Turbines
2023
Flag → Flag
Exports $257MRnk 27 / 171
2023
Flag → Flag
Top Product $125MSpark-Ignition Engines
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$21,550CURRENT US$
Rnk 62 / 196
2013-2023
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GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

United Kingdom-Oman Trade: In 2023, United Kingdom exported $411M to Oman. The main products that United Kingdom exported to Oman were Gas Turbines ($62.8M), Cars ($42.1M), and Air Pumps ($17.1M). Over the past 5 years the exports of United Kingdom to Oman have decreased at an annualized rate of 18%, from $1.11B in 2018 to $411M in 2023.

In 2023, United Kingdom did not export any services to Oman.

Oman-United Kingdom Trade: In 2023, Oman exported $257M to United Kingdom. The main products that Oman exported to United Kingdom were Spark-Ignition Engines ($125M), Gas Turbines ($20.6M), and Raw Plastic Sheeting ($17.3M). Over the past 5 years the exports of Oman to United Kingdom have increased at an annualized rate of 3.8%,  from $214M in 2018 to $257M in 2023.

In 2023, Oman did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £30.6M and imported £40.8M from Oman, resulting in a negative trade balance of £10.1M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-9.35M (-23.4%) from £40M to £30.6M, while imports increased by £17.1M (72.4%) from £23.6M to £40.8M.

Trade In November 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 November 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 November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£12.9M), London Gateway (£5.15M), Southampton (£4.64M), Manchester Airport (£2.96M), and East Midlands Airport (£1.79M), while imports destinations were mainly Southampton (£24.2M), Milford (£10.6M), London Heathrow Airport (£2.49M), Birmingham Airport (£1.28M), and Felixstowe (£1.23M).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Oman was explained primarily by an decrease in product exports in Gas Turbines (£-6.63M or -23.2%), Packaged Medicaments (£-1.43M or -68.6%), and Electrical Ignitions (£-1.03M or -92.9%). In November 2024, the increase in United Kingdom's year-by-year imports  from Oman was explained primarily by an increase in product imports  in Packaged Medicaments (£1.06M or 290%), Compasses (£560k or 359%), and Broadcasting Equipment (£535k or 3.04k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-9.35M(-23.4%)
IMPORT GROWTH (November 2023 - November 2024)£17.1M(72.4%)
MAIN EXPORTER (November 2024)London Heathrow Airport£12.9M

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.

Explore Oman and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $411M to Oman. The main products exported from United Kingdom to Oman were Gas Turbines ($62.8M), Cars ($42.1M), and Air Pumps ($17.1M). During the last 5 years the exports of United Kingdom to Oman have decreased at an annualized rate of 18%, from $1.11B in 2018 to $411M in 2023.

In 2018, Oman exported $257M to United Kingdom. The main products exported from Oman to United Kingdom were Spark-Ignition Engines ($125M), Gas Turbines ($20.6M), and Raw Plastic Sheeting ($17.3M). During the last 5 years the exports of Oman to United Kingdom have increased at an annualized rate of 3.8%, from $214M in 2023 to $257M in 2018.

Exports from United Kingdom (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Oman
Top DestinationChina$30.2B

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 2023, countries that imported more from United Kingdom than Oman included United States ($59.7B), Germany ($34.6B), and Netherlands ($29.8B).

In 2023, countries that imported more from Oman than United Kingdom included South Africa ($2.57B), Indonesia ($1.86B), and Madagascar ($647M).

Difference in imports from Oman (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Oman in the exports of Machines ($212M), Transportation ($51.3M), and Instruments ($34.5M).

During 2018, Oman had a large net trade with United Kingdom in the exports of Machines ($167M), Plastics and Rubbers ($24M), and Metals ($17.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Oman+$32.8MCars
Top Product Potential Oman United Kingdom+$49.7MRefined 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 Kingdom and Oman. This means that a dot/product with the flag of United Kingdom 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 Kingdom.

Product Space of United Kingdom (Flag) and Oman (Flag) (2023)

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