Oman (OMN) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Oman-Pakistan Trade: In 2023, Oman exported $700M to Pakistan. The main products that Oman exported to Pakistan were Refined Petroleum ($463M), Propylene Polymers ($61.3M), and Ethylene Polymers ($47.4M). Over the past 5 years the exports of Oman to Pakistan have decreased at an annualized rate of 2.54%, from $796M in 2018 to $700M in 2023.

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

Pakistan-Oman Trade: In 2023, Pakistan exported $470M to Oman. The main products that Pakistan exported to Oman were Iron Reductions ($172M), Iron Ore ($58.1M), and Semi-Finished Iron ($48.5M). Over the past 5 years the exports of Pakistan to Oman have increased at an annualized rate of 23.9%, from $161M in 2018 to $470M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $700M to Pakistan. The main products exported from Oman to Pakistan were Refined Petroleum ($463M), Propylene Polymers ($61.3M), and Ethylene Polymers ($47.4M). During the last 5 years the exports of Oman to Pakistan have decreased at an annualized rate of 2.54%, from $796M in 2018 to $700M in 2023.

In 2018, Pakistan exported $470M to Oman. The main products exported from Pakistan to Oman were Iron Reductions ($172M), Iron Ore ($58.1M), and Semi-Finished Iron ($48.5M). During the last 5 years the exports of Pakistan to Oman have increased at an annualized rate of 23.9%, from $161M in 2023 to $470M in 2018.

Exports from Oman () to Pakistan () (2023)

Exports from Pakistan () to Oman () (2023)

Latest Data

Trade between Oman () and Pakistan ()

Oman Exports

Date

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Pakistan
Top DestinationUnited States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Oman included United States ($5.18B), United Kingdom ($2.28B), and Germany ($2.43B).

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

Comparative Advantage Oman - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Pakistan in the exports of Mineral Products ($506M), Plastics and Rubbers ($110M), and Metals ($65.2M).

During 2018, Pakistan had a large net trade with Oman in the exports of Metals ($253M), Vegetable Products ($108M), and Mineral Products ($65.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Pakistan+$59.7MRefined Petroleum

Top Product Potential Pakistan Oman+$15.4MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Pakistan () (2023)

Exports from Pakistan () to Oman () (2023)

Latest Data

Trade between Oman () and Pakistan ()

Oman Exports

Pakistan Exports

Market Competitiveness

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

Comparative Advantage Oman - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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