Flag Oman / Sweden Flag

2021
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Exports
: $2.55M, Rnk 113 / 171

2021
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Top Product
: $534k, Aluminium Wire

2021
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Exports
: $147M, Rnk 67 / 219

2021
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Top Product
: $73.5M, Concentrated Milk

2021
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Economic Complexity (ECI)
: ECI -0.2, Rnk 73 / 131

2021
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Economic Complexity (ECI)
: ECI 1.54, Rnk 8 / 131

2021
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GDP
: $85.9B, CURRENT US$
Rnk 64 / 182

2011-2021
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 128 / 182

2021
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 GDP
: $627B, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP GROWTH
: 9.29%, CURRENT US$
Rnk 133 / 182

2021
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GDP PC 
: $16,439, CURRENT US$
Rnk 52 / 182

2011-2021
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GDP PC GROWTH
: -31%, CURRENT US$
Rnk 171 / 182

2021
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GDP PC
: $60,239, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP PC GROWTH
: -0.85%, CURRENT US$
Rnk 130 / 182

Oman-Sweden In 2021, Oman exported $2.55M to Sweden. The main products that Oman exported to Sweden are Aluminium Wire ($534k), Other Furniture ($281k), and Knit Sweaters ($262k). During the last 26 years the exports of Oman to Sweden have increased at an annualized rate of 4.85%, from $745k in 1995 to $2.55M in 2021.

In 2021, Oman did not export any services to Sweden.

Sweden-Oman In 2021, Sweden exported $147M to Oman. The main products that Sweden exported to Oman were Concentrated Milk ($73.5M), Tractors ($19.2M), and Malt Extract ($9.64M). During the last 26 years the exports of Sweden to Oman have increased at an annualized rate of 5.12%, from $40.2M in 1995 to $147M in 2021.

In 2021, Sweden did not export any services to Oman.

Comparison In 2021,  Oman ranked 73 in the Economic Complexity Index (ECI -0.2), and 53 in total exports ($56.9B). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Oman exported $2.55M to Sweden. The main products exported from Oman to Sweden were Aluminium Wire ($534k), Other Furniture ($281k), and Knit Sweaters ($262k). During the last 26 years the exports of Oman to Sweden have increased at an annualized rate of 4.85%, from $745k in 1995 to $2.55M in 2021.

In 2021, Sweden exported $147M to Oman. The main products exported from Sweden to Oman were Concentrated Milk ($73.5M), Tractors ($19.2M), and Malt Extract ($9.64M). During the last 26 years the exports of Sweden to Oman have increased at an annualized rate of 5.12%, from $40.2M in 1995 to $147M in 2021.

Sweden Exports

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Market Competitiveness

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Color

Oman
Top Destination
: China, $23.9B

Sweden
Top Destination
: Germany, $19.1B

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

In 2021, countries that imported more from Oman than Sweden were China ($23.9B), India ($5.18B), and United Arab Emirates ($3.9B).

In 2021, countries that imported more from Sweden than Oman were Germany ($19.1B), Norway ($17.4B), and Denmark ($14.5B).

Comparative Advantage Oman - Sweden

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Flow
Scale

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

During 2021, Oman had a large net trade with Sweden in the exports of Textiles ($796k), Metals ($596k), and Machines ($361k).

During 2021, Sweden had a large net trade with Oman in the exports of Animal Products ($73.5M), Machines ($29.9M), and Transportation ($20.4M).

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 Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Oman.