2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
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GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Oman-Brazil Trade: In 2022, Oman exported $738M to Brazil. The main products that Oman exported to Brazil were Nitrogenous Fertilizers ($596M), Refined Petroleum ($30.2M), and Coal Tar Oil ($28.7M). Over the past 5 years the exports of Oman to Brazil have increased at an annualized rate of 26.9%, from $224M in 2017 to $738M in 2022.

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

Brazil-Oman Trade: In 2022, Brazil exported $1.05B to Oman. The main products that Brazil exported to Oman were Iron Ore ($840M), Poultry Meat ($148M), and Corn ($18M). Over the past 5 years the exports of Brazil to Oman have increased at an annualized rate of 8.33%,  from $703M in 2017 to $1.05B in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $738M to Brazil. The main products exported from Oman to Brazil were Nitrogenous Fertilizers ($596M), Refined Petroleum ($30.2M), and Coal Tar Oil ($28.7M). During the last 5 years the exports of Oman to Brazil have increased at an annualized rate of 26.9%, from $224M in 2017 to $738M in 2022.

In 2017, Brazil exported $1.05B to Oman. The main products exported from Brazil to Oman were Iron Ore ($840M), Poultry Meat ($148M), and Corn ($18M). During the last 5 years the exports of Brazil to Oman have increased at an annualized rate of 8.33%, from $703M in 2022 to $1.05B in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Brazil (Flag)

Oman Exports

Brazil Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from Oman than Brazil included India ($8.15B), Qatar ($1.09B), and Chinese Taipei ($2.69B).

In 2022, countries that imported more from Brazil than Oman included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Oman - Brazil

Flow
Scale

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

During 2022, Oman had a large net trade with Brazil in the exports of Chemical Products ($609M), Mineral Products ($60M), and Plastics and Rubbers ($44.2M).

During 2017, Brazil had a large net trade with Oman in the exports of Mineral Products ($841M), Animal Products ($154M), and Vegetable Products ($18.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Brazil+$93.5MRefined Petroleum
Top Product Potential Brazil Oman+$6.1MCorn

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

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

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