Oman (OMN) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Oman-New Zealand Trade: In 2023, Oman exported $11.4M to New Zealand. The main products that Oman exported to New Zealand were Petroleum Coke ($5.32M), Sulphur ($2.21M), and Nitrogenous Fertilizers ($1.25M). Over the past 5 years the exports of Oman to New Zealand have decreased at an annualized rate of 12.4%, from $22M in 2018 to $11.4M in 2023.

In 2023, Oman did not export any services to New Zealand.

New Zealand-Oman Trade: In 2023, New Zealand exported $38.5M to Oman. The main products that New Zealand exported to Oman were Concentrated Milk ($24M), Bovine Meat ($2.9M), and Butter ($2.09M). Over the past 5 years the exports of New Zealand to Oman have increased at an annualized rate of 2.57%, from $33M in 2018 to $38.5M in 2023.

In 2018, New Zealand exported services to Oman worth $27.6M, with Travel ($27.6M) being the largest in terms of value.

Comparison: In 2023, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $11.4M to New Zealand. The main products exported from Oman to New Zealand were Petroleum Coke ($5.32M), Sulphur ($2.21M), and Nitrogenous Fertilizers ($1.25M). During the last 5 years the exports of Oman to New Zealand have decreased at an annualized rate of 12.4%, from $22M in 2018 to $11.4M in 2023.

In 2018, New Zealand exported $38.5M to Oman. The main products exported from New Zealand to Oman were Concentrated Milk ($24M), Bovine Meat ($2.9M), and Butter ($2.09M). During the last 5 years the exports of New Zealand to Oman have increased at an annualized rate of 2.57%, from $33M in 2023 to $38.5M in 2018.

Exports from Oman () to New Zealand () (2023)

Exports from New Zealand () to Oman () (2023)

Latest Data

Trade between Oman () and New Zealand ()

Oman Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

New Zealand
Top DestinationChina$12.3B

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

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

In 2023, countries that imported more from New Zealand than Oman included Australia ($5.2B), United States ($5.42B), and South Korea ($1.37B).

Difference in imports from New Zealand () and Oman () (2023)

Comparative Advantage Oman - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with New Zealand in the exports of Mineral Products ($7.53M), Chemical Products ($1.86M), and Plastics and Rubbers ($1.14M).

During 2018, New Zealand had a large net trade with Oman in the exports of Animal Products ($32.2M), Wood Products ($1.95M), and Foodstuffs ($1.38M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman New Zealand+$2.92MNitrogenous Fertilizers

Top Product Potential New Zealand Oman+$4.62MConcentrated Milk

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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Bilateral Service Trade

Nzl Year

In 2018, New Zealand exported services to Oman worth $27.6M, with Travel ($27.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from New Zealand () to Oman () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to New Zealand () (2023)

Exports from New Zealand () to Oman () (2023)

Latest Data

Trade between Oman () and New Zealand ()

Oman Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Oman () (2023)

Comparative Advantage Oman - New Zealand

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from New Zealand () to Oman () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Oman () and New Zealand () (2023)

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