Palestine (PSE) and Oman (OMN) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Oman () (2022)

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

Latest Data

Trade between Palestine () and Oman ()

Palestine Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Oman
Top DestinationChina$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 () and Palestine () (2022)

Comparative Advantage Palestine - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Palestine () and Oman ()

Palestine Exports

Oman Exports

Market Competitiveness

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

Comparative Advantage Palestine - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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