2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195

About

Oman-Georgia Trade: In 2023, Oman exported $3.48M to Georgia. The main products that Oman exported to Georgia were Refined Petroleum ($2.47M), Polyacetals ($584k), and Propylene Polymers ($183k). Over the past 5 years the exports of Oman to Georgia have increased at an annualized rate of 7.43%, from $2.43M in 2018 to $3.48M in 2023.

In 2023, Oman did not export any services to Georgia.

Georgia-Oman Trade: In 2023, Georgia exported $499k to Oman. The main products that Georgia exported to Oman were Industrial Fatty Acids, Oils and Alcohols ($175k), Interchangeable Tool Parts ($86.5k), and Special Pharmaceuticals ($67.9k). Over the past 5 years the exports of Georgia to Oman have increased at an annualized rate of 47%,  from $72.8k in 2018 to $499k in 2023.

In 2023, Georgia did not export any services to Oman.

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $3.48M to Georgia. The main products exported from Oman to Georgia were Refined Petroleum ($2.47M), Polyacetals ($584k), and Propylene Polymers ($183k). During the last 5 years the exports of Oman to Georgia have increased at an annualized rate of 7.43%, from $2.43M in 2018 to $3.48M in 2023.

In 2018, Georgia exported $499k to Oman. The main products exported from Georgia to Oman were Industrial Fatty Acids, Oils and Alcohols ($175k), Interchangeable Tool Parts ($86.5k), and Special Pharmaceuticals ($67.9k). During the last 5 years the exports of Georgia to Oman have increased at an annualized rate of 47%, from $72.8k in 2023 to $499k in 2018.

Exports from Oman (Flag) to Georgia (Flag) (2023)

Exports from Georgia (Flag) to Oman (Flag) (2023)

Latest Data

Trade between Oman (Flag) and Georgia (Flag)

Oman Exports

Georgia Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Georgia
Top Destination
Azerbaijan$828M

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

In 2023, countries that imported more from Oman than Georgia included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Georgia than Oman included Azerbaijan ($828M), Armenia ($712M), and Russia ($657M).

Difference in imports from Georgia (Flag) and Oman (Flag) (2023)

Comparative Advantage Oman - Georgia

Flow
Scale

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

During 2023, Oman had a large net trade with Georgia in the exports of Mineral Products ($2.47M), Plastics and Rubbers ($768k), and Stone And Glass ($90k).

During 2018, Georgia had a large net trade with Oman in the exports of Chemical Products ($243k), Metals ($89.2k), and Mineral Products ($59.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Oman (Flag) and Georgia (Flag) (2023)

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