Ghana (GHA) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Ghana-Oman Trade: In 2022, Ghana exported $54.6k to Oman. The main products that Ghana exported to Oman were Excavation Machinery ($47.5k), Iron Gas Containers ($7.07k), and Letter Stock ($5). Over the past 5 years the exports of Ghana to Oman have decreased at an annualized rate of 27.2%, from $268k in 2017 to $54.6k in 2022.

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

Oman-Ghana Trade: In 2022, Oman exported $15.3M to Ghana. The main products that Oman exported to Ghana were Non-fillet Frozen Fish ($5.52M), Concentrated Milk ($3.72M), and Ethylene Polymers ($3.11M). Over the past 5 years the exports of Oman to Ghana have increased at an annualized rate of 42.6%, from $2.6M in 2017 to $15.3M in 2022.

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

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). 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, Ghana exported $54.6k to Oman. The main products exported from Ghana to Oman were Excavation Machinery ($47.5k), Iron Gas Containers ($7.07k), and Letter Stock ($5). During the last 5 years the exports of Ghana to Oman have decreased at an annualized rate of 27.2%, from $268k in 2017 to $54.6k in 2022.

In 2017, Oman exported $15.3M to Ghana. The main products exported from Oman to Ghana were Non-fillet Frozen Fish ($5.52M), Concentrated Milk ($3.72M), and Ethylene Polymers ($3.11M). During the last 5 years the exports of Oman to Ghana have increased at an annualized rate of 42.6%, from $2.6M in 2022 to $15.3M in 2017.

Exports from Ghana () to Oman () (2022)

Exports from Oman () to Ghana () (2022)

Latest Data

Trade between Ghana () and Oman ()

Ghana Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Ghana than Oman included Switzerland ($3.37B), United Arab Emirates ($4.72B), and United Kingdom ($691M).

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

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

Comparative Advantage Ghana - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Oman in the exports of Machines ($47.5k), Metals ($7.07k), and Paper Goods ($5).

During 2017, Oman had a large net trade with Ghana in the exports of Animal Products ($9.44M), Plastics and Rubbers ($5.39M), and Instruments ($186k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Oman+$63.8kExcavation Machinery

Top Product Potential Oman Ghana+$1.41MEthylene Polymers

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Oman () (2022)

Exports from Oman () to Ghana () (2022)

Latest Data

Trade between Ghana () and Oman ()

Ghana Exports

Oman Exports

Market Competitiveness

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

Comparative Advantage Ghana - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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