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Pricing

2022
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Exports $445MRnk 63 / 138
2022
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Top Product $313MRefined Petroleum
2022
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Exports $7.12MRnk 96 / 171
2022
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Top Product $3.33MCollector's Items
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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Economic Complexity (ECI) ECI -0.15Rnk 68 / 124
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Russia-Oman In 2022, Russia exported $445M to Oman. The main products that Russia exported to Oman are Refined Petroleum ($313M), Wheat ($75.3M), and Iron Reductions ($20.9M). During the last 27 years the exports of Russia to Oman have increased at an annualized rate of 23.5%, from $1.48M in 1995 to $445M in 2022.

In 2020, Russia exported services to Oman worth $2.33M, with Transportation ($1.41M), Other business services ($537k), and Computer and information services ($212k) being the largest in terms of value.

Oman-Russia In 2022, Oman exported $7.12M to Russia. The main products that Oman exported to Russia were Collector's Items ($3.33M), Antiques ($1.21M), and Ethylene Polymers ($1.03M). During the last 27 years the exports of Oman to Russia have increased at an annualized rate of 0.88%, from $5.62M in 1995 to $7.12M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $15.3M and imported $705k from Oman, resulting in a positive trade balance of $14.6M. Between January 2021 and January 2022 the exports of Russia have increased by $13.7M (898%) from $1.53M to $15.3M, while imports increased by $644k (1.06k%) from $60.8k to $705k.

Trade In January 2022, the top exports of Russia to Oman were Organo-Sulfur Compounds ($660k), Electric Motors ($201k), Electric Motor Parts ($163k), Thermostats ($95.7k), and Machinery Having Individual Functions ($55.5k). In January 2022 the top imports of Russia from Oman were Building Stone ($60.8k).

Origins In January 2022 the exports of Russia were mainly from REPUBLIC OF SAKHA (YAKUTIA) ($6.35M), VOLGOGRAD REGION ($4.35M), ROSTOV REGION ($1.14M), TYUMEN REGION ($835k), and VLADIMIR REGION ($809k), while imports destinations were mainly ST. PETERSBURG ($700k) and MOSCOW REGION ($5.1k).

Growth In January 2022, the increase in Russia's year-by-year exports to Oman was explained primarily by an increase in product exports in Electric Motors ($182k or 956%), Thermostats ($95.3k or 20.5k%), and Insulated Wire ($51.5k or 1.91k%). In January 2022, the increase in Russia's year-by-year imports  from Oman was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2021 - January 2022)$13.7M(898%)
IMPORT GROWTH (January 2021 - January 2022)$644k(1.06k%)
MAIN EXPORTER (January 2022)REPUBLIC OF SAKHA (YAKUTIA)$6.35M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Oman and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $445M to Oman. The main products exported from Russia to Oman were Refined Petroleum ($313M), Wheat ($75.3M), and Iron Reductions ($20.9M). During the last 27 years the exports of Russia to Oman have increased at an annualized rate of 23.5%, from $1.48M in 1995 to $445M in 2022.

In 2022, Oman exported $7.12M to Russia. The main products exported from Oman to Russia were Collector's Items ($3.33M), Antiques ($1.21M), and Ethylene Polymers ($1.03M). During the last 27 years the exports of Oman to Russia have increased at an annualized rate of 0.88%, from $5.62M in 1995 to $7.12M in 2022.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Oman
Top DestinationChina$30.4B

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

In 2021, countries that imported more from Russia than Oman were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Oman than Russia were Saudi Arabia ($2.4B), Qatar ($1.09B), and Thailand ($2.02B).

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

Comparative Advantage Russia - Oman

Flow
Scale

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

During 2022, Russia had a large net trade with Oman in the exports of Mineral Products ($330M), Vegetable Products ($78.3M), and Metals ($24.5M).

During 2022, Oman had a large net trade with Russia in the exports of Arts and Antiques ($4.76M), Plastics and Rubbers ($1.12M), and Transportation ($597k).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Oman worth $2.33M, with Transportation ($1.41M), Other business services ($537k), and Computer and information services ($212k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Oman (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Oman. Similarly, the more yellow a dot/product is, the more Oman has comparative advantage over Russia.

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

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