Oman (OMN) and Burundi (BDI) Trade | The Observatory of Economic Complexity

About

Oman-Burundi Trade: In 2022, Oman exported $10.8M to Burundi. The main products that Oman exported to Burundi were Phosphatic Fertilizers ($8.3M), Refined Petroleum ($2.25M), and Buses ($63.8k). Over the past 5 years the exports of Oman to Burundi have increased at an annualized rate of 170%, from $75.1k in 2017 to $10.8M in 2022.

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

Burundi-Oman Trade: In 2022, Burundi exported $4.43M to Oman. The main products that Burundi exported to Oman were Tea ($4.4M) and Bran ($35.3k). Over the past 5 years the exports of Burundi to Oman have increased at an annualized rate of 6.98%, from $3.16M in 2017 to $4.43M in 2022.

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

Comparison In 2022, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $10.8M to Burundi. The main products exported from Oman to Burundi were Phosphatic Fertilizers ($8.3M), Refined Petroleum ($2.25M), and Buses ($63.8k). During the last 5 years the exports of Oman to Burundi have increased at an annualized rate of 170%, from $75.1k in 2017 to $10.8M in 2022.

In 2017, Burundi exported $4.43M to Oman. The main products exported from Burundi to Oman were Tea ($4.4M) and Bran ($35.3k). During the last 5 years the exports of Burundi to Oman have increased at an annualized rate of 6.98%, from $3.16M in 2022 to $4.43M in 2017.

Exports from Oman () to Burundi () (2022)

Exports from Burundi () to Oman () (2022)

Latest Data

Trade between Oman () and Burundi ()

Oman Exports

Date

Burundi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Oman included Uganda ($2.86M), North Korea ($49.3k), and Andorra ($15.1k).

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

Comparative Advantage Oman - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Burundi in the exports of Chemical Products ($8.3M), Mineral Products ($2.25M), and Transportation ($106k).

During 2017, Burundi had a large net trade with Oman in the exports of Vegetable Products ($4.4M) and Foodstuffs ($35.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Burundi+$1.58MRefined Petroleum

Top Product Potential Burundi Oman+$51kBran

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Burundi () (2022)

Exports from Burundi () to Oman () (2022)

Latest Data

Trade between Oman () and Burundi ()

Oman Exports

Burundi Exports

Market Competitiveness

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

Comparative Advantage Oman - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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