Oman (OMN) and Peru (PER) Trade | The Observatory of Economic Complexity

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Oman-Peru Trade: In 2022, Oman exported $9.28M to Peru. The main products that Oman exported to Peru were Raw Plastic Sheeting ($3.65M), Non-Retail Pure Cotton Yarn ($2.25M), and Propylene Polymers ($1.91M). Over the past 5 years the exports of Oman to Peru have increased at an annualized rate of 43%, from $1.55M in 2017 to $9.28M in 2022.

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

Peru-Oman Trade: In 2022, Peru exported $280k to Oman. The main products that Peru exported to Oman were Buckwheat ($114k), Other Oily Seeds ($91.8k), and Coconuts, Brazil Nuts, and Cashews ($25.3k). Over the past 5 years the exports of Peru to Oman have decreased at an annualized rate of 54.6%, from $14.5M in 2017 to $280k in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $9.28M to Peru. The main products exported from Oman to Peru were Raw Plastic Sheeting ($3.65M), Non-Retail Pure Cotton Yarn ($2.25M), and Propylene Polymers ($1.91M). During the last 5 years the exports of Oman to Peru have increased at an annualized rate of 43%, from $1.55M in 2017 to $9.28M in 2022.

In 2017, Peru exported $280k to Oman. The main products exported from Peru to Oman were Buckwheat ($114k), Other Oily Seeds ($91.8k), and Coconuts, Brazil Nuts, and Cashews ($25.3k). During the last 5 years the exports of Peru to Oman have decreased at an annualized rate of 54.6%, from $14.5M in 2022 to $280k in 2017.

Exports from Oman () to Peru () (2022)

Exports from Peru () to Oman () (2022)

Latest Data

Trade between Oman () and Peru ()

Oman Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Oman than Peru included China ($30.4B), India ($8.15B), and United Arab Emirates ($3.13B).

In 2022, countries that imported more from Peru than Oman included United States ($8.69B), Canada ($2.69B), and Switzerland ($2.08B).

Difference in imports from Peru () and Oman () (2022)

Comparative Advantage Oman - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Peru in the exports of Plastics and Rubbers ($6.72M), Textiles ($2.25M), and Stone And Glass ($278k).

During 2017, Peru had a large net trade with Oman in the exports of Vegetable Products ($232k), Chemical Products ($36.5k), and Foodstuffs ($5.94k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Peru+$1.7MEthylene Polymers

Top Product Potential Peru Oman+$90.6kPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Peru () (2022)

Exports from Peru () to Oman () (2022)

Latest Data

Trade between Oman () and Peru ()

Oman Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Oman () (2022)

Comparative Advantage Oman - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Peru () (2022)

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