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2023
Flag → Flag
Exports $1.28BRnk 46 / 211
2023
Flag → Flag
Top Product $647MCars
2023
Flag → Flag
Exports $2.49BRnk 6 / 171
2023
Flag → Flag
Top Product $1.4BPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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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

Japan-Oman Trade: In 2023, Japan exported $1.28B to Oman. The main products that Japan exported to Oman were Cars ($647M), Iron Pipes ($212M), and Motor vehicles; parts and accessories (8701 to 8705) ($104M). Over the past 5 years the exports of Japan to Oman have increased at an annualized rate of 25.1%, from $419M in 2018 to $1.28B in 2023.

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

Oman-Japan Trade: In 2023, Oman exported $2.49B to Japan. The main products that Oman exported to Japan were Petroleum Gas ($1.4B), Crude Petroleum ($935M), and Refined Petroleum ($61.5M). Over the past 5 years the exports of Oman to Japan have decreased at an annualized rate of 3.2%,  from $2.92B in 2018 to $2.49B in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). 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, Japan exported ¥23.2B and imported ¥26.8B from Oman, resulting in a negative trade balance of ¥3.61B. Between November 2023 and November 2024 the exports of Japan have increased by ¥5.34B (30%) from ¥17.8B to ¥23.2B, while imports decreased by ¥-5.6B (-17.3%) from ¥32.4B to ¥26.8B.

Trade In November 2024, the top exports of Japan to Oman were Cars (¥4.22B), Iron Pipes (¥1.9B), Delivery Trucks (¥1.12B), Motor vehicles; parts and accessories (8701... (¥597M), and Buses (¥539M). In November 2024 the top imports of Japan from Oman were Petroleum Gas (¥27.1B), Crude Petroleum (¥11.1B), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (¥769M), Animal Meal and Pellets (¥350M), and Gypsum (¥181M).

Origins In November 2024 the exports of Japan were mainly from Aichi (¥16.4B), Kanagawa (¥3.05B), Wakayama (¥1.68B), Fukuoka (¥707M), and Shizuoka (¥233M), while imports destinations were mainly Osaka (¥11.4B), Hokkaido (¥4.91B), Okayama (¥4.89B), Ibaraki (¥2.98B), and Aichi (¥715M).

Growth In November 2024, the increase in Japan's year-by-year exports to Oman was explained primarily by an increase in product exports in Cars (¥761M or 22%), Buses (¥362M or 204%), and Large Construction Vehicles (¥139M or 497%). In November 2024, the decrease in Japan's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in Chromium Ore (¥-11.9M or -45.7%) and Commodities not elsewhere specified (¥-1.06M or -45.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥5.34B(30%)
IMPORT GROWTH (November 2023 - November 2024)¥-5.6B(-17.3%)
MAIN EXPORTER (November 2024)Aichi¥16.4B

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

To check Oman and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Oman and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $1.28B to Oman. The main products exported from Japan to Oman were Cars ($647M), Iron Pipes ($212M), and Motor vehicles; parts and accessories (8701 to 8705) ($104M). During the last 5 years the exports of Japan to Oman have increased at an annualized rate of 25.1%, from $419M in 2018 to $1.28B in 2023.

In 2018, Oman exported $2.49B to Japan. The main products exported from Oman to Japan were Petroleum Gas ($1.4B), Crude Petroleum ($935M), and Refined Petroleum ($61.5M). During the last 5 years the exports of Oman to Japan have decreased at an annualized rate of 3.2%, from $2.92B in 2023 to $2.49B in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Japan than Oman included United States ($143B), China ($138B), and South Korea ($42.7B).

In 2023, countries that imported more from Oman than Japan included Madagascar ($647M), South Africa ($2.57B), and Iran ($554M).

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

Comparative Advantage Japan - Oman

Flow
Scale

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

During 2023, Japan had a large net trade with Oman in the exports of Transportation ($863M), Metals ($226M), and Machines ($118M).

During 2018, Oman had a large net trade with Japan in the exports of Mineral Products ($2.42B), Foodstuffs ($28.1M), and Metals ($25.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Oman+$9.53MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Oman Japan+$726MCrude 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 Japan and Oman. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Japan.

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

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