Romania (ROU) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Romania-Oman Trade: In 2022, Romania exported $35.4M to Oman. The main products that Romania exported to Oman were Wheat ($11.9M), Liquid Pumps ($5.24M), and Seed Oils ($3.89M). Over the past 5 years the exports of Romania to Oman have increased at an annualized rate of 2.61%, from $31.1M in 2017 to $35.4M in 2022.

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

Oman-Romania Trade: In 2022, Oman exported $27.6M to Romania. The main products that Oman exported to Romania were Aluminium Wire ($13M), Semi-Finished Iron ($5.76M), and Insulated Wire ($2.61M). Over the past 5 years the exports of Oman to Romania have increased at an annualized rate of 27.9%, from $8.07M in 2017 to $27.6M in 2022.

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

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $35.4M to Oman. The main products exported from Romania to Oman were Wheat ($11.9M), Liquid Pumps ($5.24M), and Seed Oils ($3.89M). During the last 5 years the exports of Romania to Oman have increased at an annualized rate of 2.61%, from $31.1M in 2017 to $35.4M in 2022.

In 2017, Oman exported $27.6M to Romania. The main products exported from Oman to Romania were Aluminium Wire ($13M), Semi-Finished Iron ($5.76M), and Insulated Wire ($2.61M). During the last 5 years the exports of Oman to Romania have increased at an annualized rate of 27.9%, from $8.07M in 2022 to $27.6M in 2017.

Exports from Romania () to Oman () (2022)

Exports from Oman () to Romania () (2022)

Latest Data

Trade between Romania () and Oman ()

Romania Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Romania than Oman included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

Comparative Advantage Romania - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Oman in the exports of Vegetable Products ($12.2M), Machines ($8.21M), and Metals ($4.26M).

During 2017, Oman had a large net trade with Romania in the exports of Metals ($19.7M), Plastics and Rubbers ($3.76M), and Machines ($2.68M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Oman+$3.86MWheat

Top Product Potential Oman Romania+$3.75MSemi-Finished Iron

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Oman () (2022)

Exports from Oman () to Romania () (2022)

Latest Data

Trade between Romania () and Oman ()

Romania Exports

Oman Exports

Market Competitiveness

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

Comparative Advantage Romania - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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