2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Palestine-Oman Trade: In 2022, Palestine exported $4.47M to Oman. The main products that Palestine exported to Oman were Refined Petroleum ($2.03M), Dairy Machinery ($1.04M), and Washing and Bottling Machines ($796k). Over the past 5 years the exports of Palestine to Oman have increased at an annualized rate of 33.2%, from $1.07M in 2017 to $4.47M in 2022.

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

Oman-Palestine Trade: In 2022, Oman exported $10.1M to Palestine. The main products that Oman exported to Palestine were Concentrated Milk ($4.18M), Building Stone ($2.83M), and Ethylene Polymers ($2.11M). Over the past 5 years the exports of Oman to Palestine have increased at an annualized rate of 7.65%,  from $6.97M in 2017 to $10.1M in 2022.

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Palestine exported $4.47M to Oman. The main products exported from Palestine to Oman were Refined Petroleum ($2.03M), Dairy Machinery ($1.04M), and Washing and Bottling Machines ($796k). During the last 5 years the exports of Palestine to Oman have increased at an annualized rate of 33.2%, from $1.07M in 2017 to $4.47M in 2022.

In 2017, Oman exported $10.1M to Palestine. The main products exported from Oman to Palestine were Concentrated Milk ($4.18M), Building Stone ($2.83M), and Ethylene Polymers ($2.11M). During the last 5 years the exports of Oman to Palestine have increased at an annualized rate of 7.65%, from $6.97M in 2022 to $10.1M in 2017.

Exports from Palestine (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Palestine (Flag) (2022)

Latest Data

Trade between Palestine (Flag) and Oman (Flag)

Palestine Exports

Oman Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Palestine than Oman included Israel ($1.3B), Jordan ($159M), and Bermuda ($9.32k).

In 2022, countries that imported more from Oman than Palestine included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman (Flag) and Palestine (Flag) (2022)

Comparative Advantage Palestine - Oman

Flow
Scale

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

During 2022, Palestine had a large net trade with Oman in the exports of Mineral Products ($2.03M), Machines ($1.84M), and Animal and Vegetable Bi-Products ($472k).

During 2017, Oman had a large net trade with Palestine in the exports of Animal Products ($4.2M), Stone And Glass ($2.85M), and Plastics and Rubbers ($2.24M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Palestine and Oman. This means that a dot/product with the flag of Palestine indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Palestine.

Product Space of Palestine (Flag) and Oman (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with