Malaysia (MYS) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Malaysia (MYS) and Oman (OMN) Trade

2022

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Exports $413MRnk 54 / 218

2022

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About

Malaysia-Oman In 2022, Malaysia exported $413M to Oman. The main products that Malaysia exported to Oman are Palm Oil ($85.3M), Refined Petroleum ($78.5M), and Polycarboxylic Acids ($67M). During the last 27 years the exports of Malaysia to Oman have increased at an annualized rate of 7.5%, from $58.6M in 1995 to $413M in 2022.

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

Oman-Malaysia In 2022, Oman exported $697M to Malaysia. The main products that Oman exported to Malaysia were Acyclic Alcohols ($159M), Refined Petroleum ($153M), and Raw Aluminium ($96.1M). During the last 27 years the exports of Oman to Malaysia have increased at an annualized rate of 17.6%, from $8.74M in 1995 to $697M in 2022.

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

Comparison In 2022, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR64.2M and imported MYR188M from Oman, resulting in a negative trade balance of MYR124M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR9.19M (16.7%) from MYR55M to MYR64.2M, while imports decreased by MYR-95.8M (-33.8%) from MYR284M to MYR188M.

Trade In September 2020, the top exports of Malaysia to Oman were Sawn Wood (MYR7.74M), Palm Oil (MYR4.6M), Rubber Apparel (MYR4.49M), Other Furniture (MYR4.01M), and Plywood (MYR3M). In September 2020 the top imports of Malaysia from Oman were Iron Ore (MYR108M), Acyclic Alcohols (MYR34.4M), Raw Aluminium (MYR27.5M), Non-fillet Frozen Fish (MYR1.77M), and Animal Food (MYR1.64M).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Oman was explained primarily by an increase in product exports in Plywood (MYR2.93M or 4.49k%), Palm Oil (MYR2.17M or 89.6%), and Other Furniture (MYR1.98M or 97.5%). In September 2020, the decrease in Malaysia's year-by-year imports from Oman was explained primarily by an decrease in product imports in Acyclic Alcohols (MYR-4.32M or -11.2%), Perfumes (MYR-18.5k or -52.5%), and Commodities not elsewhere specified (MYR-12.5k or -18.4%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR9.19M(16.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR-95.8M(-33.8%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malaysia exported $413M to Oman. The main products exported from Malaysia to Oman were Palm Oil ($85.3M), Refined Petroleum ($78.5M), and Polycarboxylic Acids ($67M). During the last 27 years the exports of Malaysia to Oman have increased at an annualized rate of 7.5%, from $58.6M in 1995 to $413M in 2022.

In 2022, Oman exported $697M to Malaysia. The main products exported from Oman to Malaysia were Acyclic Alcohols ($159M), Refined Petroleum ($153M), and Raw Aluminium ($96.1M). During the last 27 years the exports of Oman to Malaysia have increased at an annualized rate of 17.6%, from $8.74M in 1995 to $697M in 2022.

Exports from Malaysia () to Oman () (2022)

Exports from Oman () to Malaysia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malaysia
Top DestinationSingapore$53.8B

Oman
Top DestinationChina$30.4B

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

In 2021, countries that imported more from Malaysia than Oman were Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

In 2021, countries that imported more from Oman than Malaysia were Saudi Arabia ($2.4B), Qatar ($1.09B), and Mauritius ($544M).

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

Comparative Advantage Malaysia - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malaysia had a large net trade with Oman in the exports of Animal and Vegetable Bi-Products ($95.7M), Mineral Products ($81.4M), and Chemical Products ($81.1M).

During 2022, Oman had a large net trade with Malaysia in the exports of Mineral Products ($292M), Chemical Products ($198M), and Metals ($103M).

Economic Complexity

Competitive Landscape

Year

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

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

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