Oman (OMN) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Oman-Japan Trade: In 2023, Oman exported $2.49B to Japan. The main products that Oman exported to Japan were Petroleum Gas ($1.4B), Crude Petroleum ($935M), and Refined Petroleum ($61.5M). Over the past 5 years the exports of Oman to Japan have decreased at an annualized rate of 3.2%, from $2.92B in 2018 to $2.49B in 2023.

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

Japan-Oman Trade: In 2023, Japan exported $1.28B to Oman. The main products that Japan exported to Oman were Cars ($647M), Iron Pipes ($212M), and Motor vehicles; parts and accessories (8701 to 8705) ($104M). Over the past 5 years the exports of Japan to Oman have increased at an annualized rate of 25.1%, from $419M in 2018 to $1.28B in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $2.49B to Japan. The main products exported from Oman to Japan were Petroleum Gas ($1.4B), Crude Petroleum ($935M), and Refined Petroleum ($61.5M). During the last 5 years the exports of Oman to Japan have decreased at an annualized rate of 3.2%, from $2.92B in 2018 to $2.49B in 2023.

In 2018, Japan exported $1.28B to Oman. The main products exported from Japan to Oman were Cars ($647M), Iron Pipes ($212M), and Motor vehicles; parts and accessories (8701 to 8705) ($104M). During the last 5 years the exports of Japan to Oman have increased at an annualized rate of 25.1%, from $419M in 2023 to $1.28B in 2018.

Exports from Oman () to Japan () (2023)

Exports from Japan () to Oman () (2023)

Latest Data

Trade between Oman () and Japan ()

Oman Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Oman than Japan included Madagascar ($647M), South Africa ($2.57B), and Iran ($554M).

In 2023, countries that imported more from Japan than Oman included United States ($143B), China ($138B), and South Korea ($42.7B).

Difference in imports from Japan () and Oman () (2023)

Comparative Advantage Oman - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Japan in the exports of Mineral Products ($2.42B), Foodstuffs ($28.1M), and Metals ($25.1M).

During 2018, Japan had a large net trade with Oman in the exports of Transportation ($863M), Metals ($226M), and Machines ($118M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Japan+$726MCrude Petroleum

Top Product Potential Japan Oman+$9.53MMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Japan () (2023)

Exports from Japan () to Oman () (2023)

Latest Data

Trade between Oman () and Japan ()

Oman Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Oman () (2023)

Comparative Advantage Oman - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Japan () (2023)

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