2022
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GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 GDP
$115BCURRENT US$
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GDP GROWTH
31.2%CURRENT US$
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GDP PC 
$30,436CURRENT US$
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GDP PC GROWTH
26.5%CURRENT US$
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GDP PC
$25,057CURRENT US$
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GDP PC GROWTH
1.35%CURRENT US$
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About

Saudi Arabia-Oman In 2022, Saudi Arabia exported $4.31B to Oman. The main products that Saudi Arabia exported to Oman are Refined Petroleum ($2.68B), Ethers ($233M), and Cyclic Alcohols ($180M). During the last 27 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 11.9%, from $208M in 1995 to $4.31B in 2022.

In 2022, Saudi Arabia did not export any services to Oman.

Oman-Saudi Arabia In 2022, Oman exported $2.4B to Saudi Arabia. The main products that Oman exported to Saudi Arabia were Iron Ore ($757M), Semi-Finished Iron ($673M), and Cars ($80M). During the last 27 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 12.9%, from $90.9M in 1995 to $2.4B in 2022.

In 2022, Oman did not export any services to Saudi Arabia.

Comparison In 2022,  Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $4.31B to Oman. The main products exported from Saudi Arabia to Oman were Refined Petroleum ($2.68B), Ethers ($233M), and Cyclic Alcohols ($180M). During the last 27 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 11.9%, from $208M in 1995 to $4.31B in 2022.

In 2022, Oman exported $2.4B to Saudi Arabia. The main products exported from Oman to Saudi Arabia were Iron Ore ($757M), Semi-Finished Iron ($673M), and Cars ($80M). During the last 27 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 12.9%, from $90.9M in 1995 to $2.4B in 2022.

Exports from Saudi Arabia (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Oman (Flag)

Saudi Arabia Exports

Oman Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Oman
Top Destination
China$30.4B

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

In 2021, countries that imported more from Saudi Arabia than Oman were India ($46.2B), China ($68B), and Japan ($36.5B).

In 2021, countries that imported more from Oman than Saudi Arabia were Qatar ($1.09B), Iran ($539M), and Mauritius ($544M).

Difference in imports from Oman (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Oman

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Oman in the exports of Mineral Products ($2.7B), Chemical Products ($746M), and Foodstuffs ($179M).

During 2022, Oman had a large net trade with Saudi Arabia in the exports of Mineral Products ($832M), Metals ($814M), and Transportation ($114M).

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 Saudi Arabia has comparative advantage over Oman. Similarly, the more yellow a dot/product is, the more Oman has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Oman (Flag) (2022)

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