Qatar (QAT) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Qatar-Oman Trade: In 2023, Qatar exported $2.17B to Oman. The main products that Qatar exported to Oman were Refined Petroleum ($1.2B), Gas Turbines ($169M), and Broadcasting Equipment ($83.9M). Over the past 5 years the exports of Qatar to Oman have increased at an annualized rate of 13.2%, from $1.17B in 2018 to $2.17B in 2023.

In 2023, Qatar did not export any services to Oman.

Oman-Qatar Trade: In 2023, Oman exported $857M to Qatar. The main products that Oman exported to Qatar were Gravel and Crushed Stone ($173M), Crude Petroleum ($111M), and Iron Ore ($65.3M). Over the past 5 years the exports of Oman to Qatar have decreased at an annualized rate of 13.3%, from $1.75B in 2018 to $857M in 2023.

In 2023, Oman did not export any services to Qatar.

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $2.17B to Oman. The main products exported from Qatar to Oman were Refined Petroleum ($1.2B), Gas Turbines ($169M), and Broadcasting Equipment ($83.9M). During the last 5 years the exports of Qatar to Oman have increased at an annualized rate of 13.2%, from $1.17B in 2018 to $2.17B in 2023.

In 2018, Oman exported $857M to Qatar. The main products exported from Oman to Qatar were Gravel and Crushed Stone ($173M), Crude Petroleum ($111M), and Iron Ore ($65.3M). During the last 5 years the exports of Oman to Qatar have decreased at an annualized rate of 13.3%, from $1.75B in 2023 to $857M in 2018.

Exports from Qatar () to Oman () (2023)

Exports from Oman () to Qatar () (2023)

Latest Data

Trade between Qatar () and Oman ()

Qatar Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Qatar than Oman included South Korea ($12.1B), India ($12.9B), and Italy ($6.41B).

In 2023, countries that imported more from Oman than Qatar included China ($30.2B), Saudi Arabia ($3.64B), and South Africa ($2.57B).

Difference in imports from Oman () and Qatar () (2023)

Comparative Advantage Qatar - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Oman in the exports of Mineral Products ($1.21B), Machines ($463M), and Chemical Products ($196M).

During 2018, Oman had a large net trade with Qatar in the exports of Mineral Products ($433M), Machines ($87.4M), and Foodstuffs ($74.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Oman+$5.87MPetroleum Gas

Top Product Potential Oman Qatar+$7.85MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Oman () (2023)

Exports from Oman () to Qatar () (2023)

Latest Data

Trade between Qatar () and Oman ()

Qatar Exports

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Qatar () (2023)

Comparative Advantage Qatar - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Oman () (2023)

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