2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 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

Kazakhstan-Oman Trade: In 2022, Kazakhstan exported $590k to Oman. The main products that Kazakhstan exported to Oman were Excavation Machinery ($143k), Liquid Pumps ($136k), and Sheep and Goat Meat ($125k). Over the past 5 years the exports of Kazakhstan to Oman have decreased at an annualized rate of 7.68%, from $880k in 2017 to $590k in 2022.

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

Oman-Kazakhstan Trade: In 2022, Oman exported $4.66M to Kazakhstan. The main products that Oman exported to Kazakhstan were Other Iron Products ($1.04M), Other Heating Machinery ($714k), and Packaged Medicaments ($673k). Over the past 5 years the exports of Oman to Kazakhstan have increased at an annualized rate of 80.7%,  from $242k in 2017 to $4.66M in 2022.

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

Comparison: In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $590k to Oman. The main products exported from Kazakhstan to Oman were Excavation Machinery ($143k), Liquid Pumps ($136k), and Sheep and Goat Meat ($125k). During the last 5 years the exports of Kazakhstan to Oman have decreased at an annualized rate of 7.68%, from $880k in 2017 to $590k in 2022.

In 2017, Oman exported $4.66M to Kazakhstan. The main products exported from Oman to Kazakhstan were Other Iron Products ($1.04M), Other Heating Machinery ($714k), and Packaged Medicaments ($673k). During the last 5 years the exports of Oman to Kazakhstan have increased at an annualized rate of 80.7%, from $242k in 2022 to $4.66M in 2017.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Oman (Flag)

Kazakhstan Exports

Oman Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Kazakhstan than Oman included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

In 2022, countries that imported more from Oman than Kazakhstan included China ($30.4B), India ($8.15B), and Chinese Taipei ($2.69B).

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

Comparative Advantage Kazakhstan - Oman

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Oman in the exports of Machines ($419k), Animal Products ($142k), and Instruments ($15k).

During 2017, Oman had a large net trade with Kazakhstan in the exports of Metals ($2.13M), Machines ($1.45M), and Chemical Products ($785k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Oman+$207kLiquid Pumps
Top Product Potential Oman Kazakhstan+$924kPackaged Medicaments

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

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

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