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

About

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.

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.

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $280k in 2022.

In 2017, 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 2022 to $9.28M in 2017.

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

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

Latest Data

Trade between Peru () and Oman ()

Peru Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Oman
Top DestinationChina$30.4B

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

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

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

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

Comparative Advantage Peru - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Oman in the exports of Vegetable Products ($232k), Chemical Products ($36.5k), and Foodstuffs ($5.94k).

During 2017, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Oman+$90.6kPackaged Medicaments

Top Product Potential Oman Peru+$1.7MEthylene Polymers

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Peru () and Oman ()

Peru Exports

Oman Exports

Market Competitiveness

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

Comparative Advantage Peru - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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