Flag Japan / Oman Flag

Exports FlagFlag  (2018): $1.54B, Rnk 39 / 207

Top Product FlagFlag (2018): $860M, Cars

Exports FlagFlag (2018): $1.31B, Rnk 8 / 162

Top Product FlagFlag (2018): $1.22B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

Economic Complexity of Flag (2018): ECI -0.046, Rnk 68 / 137

GDP Flag (2018): $4.97T, CURRENT US$
Rnk 3 / 196

GDP GROWTH Flag (2008-2018): -1.32%, CURRENT US$
Rnk 169 / 196

GDP Flag (2018): $79.3B, CURRENT US$
Rnk 68 / 196

GDP GROWTH Flag (2008-2018): 30.2%, CURRENT US$
Rnk 111 / 196

GDP PC Flag (2018): $39,290, CURRENT US$
Rnk 27 / 196

GDP PC GROWTH Flag (2008-2018): -0.13%, CURRENT US$
Rnk 146 / 196

GDP PC Flag (2018): $16,415, CURRENT US$
Rnk 57 / 196

GDP PC GROWTH Flag (2008-2018): -25.9%, CURRENT US$
Rnk 190 / 196

Japan-Oman: In 2018, Japan exported $1.54B to Oman. The main products exported from Japan to Oman were Cars ($860M), Delivery Trucks ($158M), and Vehicle Parts ($97M). During the last 23 years the exports of Japan to Oman have increased at an annualized rate of 1.7%, from $1.05B in 1995 to $1.54B in 2018.

Oman-Japan: In 2018, Oman exported $1.31B to Japan. The main products exported from Oman to Japan were Crude Petroleum ($1.22B), Gypsum ($22.7M), and Raw Aluminium ($22.7M). During the last 23 years the exports of Oman to Japan have decreased at an annualized rate of 1.54%, from $1.87B in 1995 to $1.31B in 2018.

Comparison: In 2018, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). That same year, Oman ranked 68 in the Economic Complexity Index (ECI -0.046), and 56 in total exports ($41.1B). In terms of GDP Per Capita, Japan was ranked 27 with a GDP Per Capita of $39,290, and Oman was ranked 57 with a GDP Per Capita of $16,415.

Bilateral Trade by Products

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Depth
Value

In 2018, Japan exported $1.54B to Oman. The main products exported from Japan to Oman were Cars ($860M), Delivery Trucks ($158M), and Vehicle Parts ($97M). During the last 23 years the exports of Japan to Oman have increased at an annualized rate of 1.7%, from $1.05B in 1995 to $1.54B in 2018.

In 2018, Oman exported $1.31B to Japan. The main products exported from Oman to Japan were Crude Petroleum ($1.22B), Gypsum ($22.7M), and Raw Aluminium ($22.7M). During the last 23 years the exports of Oman to Japan have decreased at an annualized rate of 1.54%, from $1.87B in 1995 to $1.31B in 2018.

Market Competitiveness

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Measure

Japan
Top Destination
: China, $139B

Oman
Top Destination
: China, $16.7B

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 2018, countries that imported more from Japan than Oman were United States ($135B), China ($139B), and South Korea ($51.5B).

In 2018, countries that imported more from Oman than Japan were Yemen ($592M), Qatar ($1.83B), and Somalia ($221M).

Comparative Advantage Japan - Oman

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Depth

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

During 2018, Japan had a large net trade with Oman in the exports of Transportation ($1.17B), Machines ($163M), and Metals ($93.1M).

During 2018, Oman had a large net trade with Japan in the exports of Mineral Products ($1.24B), Metals ($26.6M), and Chemical Products ($17.1M).

Tariff Section

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This sections shows import tariffs for products traded between Japan and Oman (using the HS6 product classification and the last year reported).

In 2018, the products from Japan that paid the highest import tariffs to enter Oman were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

In 2018, the products from Oman that paid the highest import tariffs to enter Japan were Swine carcasses and half carcasses, fresh or chilled (100%) and Swine hams, shoulders & cuts bone in, fresh or chille (100%).

Explore Tariff Data

*The tariffs present between Japan and Oman are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Japan and Oman. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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