2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 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

Iran-Oman Trade: In 2022, Iran exported $724M to Oman. The main products that Iran exported to Oman were Sheep and Goats ($112M), Semi-Finished Iron ($52.9M), and Petroleum Coke ($11.5M). Over the past 5 years the exports of Iran to Oman have increased at an annualized rate of 91%, from $28.5M in 2017 to $724M in 2022.

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

Oman-Iran Trade: In 2022, Oman exported $606M to Iran. The main products that Oman exported to Iran were Rolled Tobacco ($314M), Video Displays ($42.7M), and Large Construction Vehicles ($15M). Over the past 5 years the exports of Oman to Iran have increased at an annualized rate of 37.2%,  from $125M in 2017 to $606M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $724M to Oman. The main products exported from Iran to Oman were Sheep and Goats ($112M), Semi-Finished Iron ($52.9M), and Petroleum Coke ($11.5M). During the last 5 years the exports of Iran to Oman have increased at an annualized rate of 91%, from $28.5M in 2017 to $724M in 2022.

In 2017, Oman exported $606M to Iran. The main products exported from Oman to Iran were Rolled Tobacco ($314M), Video Displays ($42.7M), and Large Construction Vehicles ($15M). During the last 22 years the exports of Oman to Iran have increased at an annualized rate of 37.2%, from $125M in 1995 to $606M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Oman (Flag)

Oman Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Iran than Oman included Turkey ($3.17B), Kuwait ($960M), and Armenia ($557M).

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

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

Comparative Advantage Iran - Oman

Flow
Scale

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

During 2022, Iran had a large net trade with Oman in the exports of Animal Products ($122M), Metals ($58.9M), and Vegetable Products ($38.1M).

During 2017, Oman had a large net trade with Iran in the exports of Foodstuffs ($333M), Machines ($107M), and Transportation ($23.3M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iran and Oman. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Iran.

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

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