Oman (OMN) and Russia (RUS) Trade | The Observatory of Economic Complexity

About

Oman-Russia In 2022, Oman exported $7.12M to Russia. The main products that Oman exported to Russia are Collector's Items ($3.33M), Antiques ($1.21M), and Ethylene Polymers ($1.03M). During the last 27 years the exports of Oman to Russia have increased at an annualized rate of 0.88%, from $5.62M in 1995 to $7.12M in 2022.

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

Russia-Oman In 2022, Russia exported $445M to Oman. The main products that Russia exported to Oman were Refined Petroleum ($313M), Wheat ($75.3M), and Iron Reductions ($20.9M). During the last 27 years the exports of Russia to Oman have increased at an annualized rate of 23.5%, from $1.48M in 1995 to $445M in 2022.

In 2020, Russia exported services to Oman worth $2.33M, with Transportation ($1.41M), Other business services ($537k), and Computer and information services ($212k) being the largest in terms of value.

Comparison In 2022, Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $7.12M to Russia. The main products exported from Oman to Russia were Collector's Items ($3.33M), Antiques ($1.21M), and Ethylene Polymers ($1.03M). During the last 27 years the exports of Oman to Russia have increased at an annualized rate of 0.88%, from $5.62M in 1995 to $7.12M in 2022.

In 2022, Russia exported $445M to Oman. The main products exported from Russia to Oman were Refined Petroleum ($313M), Wheat ($75.3M), and Iron Reductions ($20.9M). During the last 27 years the exports of Russia to Oman have increased at an annualized rate of 23.5%, from $1.48M in 1995 to $445M in 2022.

Exports from Oman () to Russia () (2022)

Exports from Russia () to Oman () (2022)

Latest Data

Trade between Oman () and Russia ()

Oman Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Oman than Russia were Saudi Arabia ($2.4B), Qatar ($1.09B), and Thailand ($2.02B).

In 2021, countries that imported more from Russia than Oman were China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Oman - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Russia in the exports of Arts and Antiques ($4.76M), Plastics and Rubbers ($1.12M), and Transportation ($597k).

During 2022, Russia had a large net trade with Oman in the exports of Mineral Products ($330M), Vegetable Products ($78.3M), and Metals ($24.5M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Oman worth $2.33M, with Transportation ($1.41M), Other business services ($537k), and Computer and information services ($212k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Oman () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Oman has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Oman.

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Russia () (2022)

Exports from Russia () to Oman () (2022)

Latest Data

Trade between Oman () and Russia ()

Oman Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Oman - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Oman () (2020)

Economic Complexity

Competitive Landscape

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

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