Flag Oman / Russia Flag

2020
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Exports
: $1.84M, Rnk 78 / 119

2020
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Top Product
: $544k, Raw Plastic Sheeting

2020
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Exports
: $209M, Rnk 84 / 187

2020
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Top Product
: $88.7M, Wheat

2020
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Economic Complexity (ECI)
: ECI -0.27, Rnk 73 / 127

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $74B, CURRENT US$
Rnk 70 / 204

2010-2020
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GDP GROWTH
: 13.8%, CURRENT US$
Rnk 135 / 204

2020
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 GDP
: $1.49T, CURRENT US$
Rnk 11 / 204

2010-2020
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GDP GROWTH
: -2.4%, CURRENT US$
Rnk 168 / 204

2020
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GDP PC 
: $14,485, CURRENT US$
Rnk 65 / 204

2010-2020
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GDP PC GROWTH
: -32.2%, CURRENT US$
Rnk 191 / 204

2020
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GDP PC
: $10,162, CURRENT US$
Rnk 78 / 204

2010-2020
Flag
GDP PC GROWTH
: -4.81%, CURRENT US$
Rnk 157 / 204

Oman-Russia In 2020, Oman exported $1.84M to Russia. The main products that Oman exported to Russia are Raw Plastic Sheeting ($544k), Building Stone ($466k), and Perfumes ($293k). During the last 25 years the exports of Oman to Russia have decreased at an annualized rate of 4.37%, from $5.62M in 1995 to $1.84M in 2020.

In 2020, Oman did not export any services to Russia.

Russia-Oman In 2020, Russia exported $209M to Oman. The main products that Russia exported to Oman were Wheat ($88.7M), Refined Petroleum ($40.4M), and Iron Reductions ($25.7M). During the last 25 years the exports of Russia to Oman have increased at an annualized rate of 21.9%, from $1.47M in 1995 to $209M in 2020.

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 2020,  Oman ranked 73 in the Economic Complexity Index (ECI -0.27), and 62 in total exports ($30.6B). That same year, Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Oman exported $1.84M to Russia. The main products exported from Oman to Russia were Raw Plastic Sheeting ($544k), Building Stone ($466k), and Perfumes ($293k). During the last 25 years the exports of Oman to Russia have decreased at an annualized rate of 4.37%, from $5.62M in 1995 to $1.84M in 2020.

In 2020, Russia exported $209M to Oman. The main products exported from Russia to Oman were Wheat ($88.7M), Refined Petroleum ($40.4M), and Iron Reductions ($25.7M). During the last 25 years the exports of Russia to Oman have increased at an annualized rate of 21.9%, from $1.47M in 1995 to $209M in 2020.

Russia Exports

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Market Competitiveness

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Measure

Oman
Top Destination
: China, $13.8B

Russia
Top Destination
: China, $49.3B

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 2019, countries that imported more from Oman than Russia were Qatar ($563M), South Africa ($665M), and Madagascar ($45.8M).

In 2019, countries that imported more from Russia than Oman were China ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B).

Comparative Advantage Oman - Russia

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Flow

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

During 2020, Oman had a large net trade with Russia in the exports of Plastics and Rubbers ($787k), Stone And Glass ($466k), and Chemical Products ($293k).

During 2020, Russia had a large net trade with Oman in the exports of Vegetable Products ($98.8M), Mineral Products ($51M), and Metals ($36.1M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.