Saudi Arabia (SAU) and Oman (OMN) Trade | OEC - The Observatory of Economic Complexity

About

Saudi Arabia-Oman In 2021, Saudi Arabia exported $1.6B to Oman. The main products that Saudi Arabia exported to Oman are Refined Petroleum ($278M), Cleaning Products ($82.1M), and Passenger and Cargo Ships ($67.7M). During the last 26 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 8.18%, from $208M in 1995 to $1.6B in 2021.

In 2021, Saudi Arabia did not export any services to Oman.

Oman-Saudi Arabia In 2021, Oman exported $2.34B to Saudi Arabia. The main products that Oman exported to Saudi Arabia were Iron Reductions ($568M), Semi-Finished Iron ($320M), and Iron Ore ($319M). During the last 26 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 13.3%, from $91.1M in 1995 to $2.34B in 2021.

In 2021, Oman did not export any services to Saudi Arabia.

Comparison In 2021, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B). That same year, Oman ranked 73 in the Economic Complexity Index (ECI -0.2), and 53 in total exports ($56.9B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Saudi Arabia exported $1.6B to Oman. The main products exported from Saudi Arabia to Oman were Refined Petroleum ($278M), Cleaning Products ($82.1M), and Passenger and Cargo Ships ($67.7M). During the last 26 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 8.18%, from $208M in 1995 to $1.6B in 2021.

In 2021, Oman exported $2.34B to Saudi Arabia. The main products exported from Oman to Saudi Arabia were Iron Reductions ($568M), Semi-Finished Iron ($320M), and Iron Ore ($319M). During the last 26 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 13.3%, from $91.1M in 1995 to $2.34B in 2021.

Latest Data

Saudi Arabia Exports

Date

Oman Exports

Date

Market Competitiveness

Color

SectionYear

Saudi Arabia
Top Destination: China, $48.7B

Oman
Top Destination: China, $23.9B

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 China ($48.7B), Japan ($24.1B), and India ($25.6B).

In 2021, countries that imported more from Oman than Saudi Arabia were Qatar ($984M), Iran ($405M), and Maldives ($273M).

Comparative Advantage Saudi Arabia - Oman

Flow

Scale

Year

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

During 2021, Saudi Arabia had a large net trade with Oman in the exports of Mineral Products ($329M), Chemical Products ($314M), and Foodstuffs ($162M).

During 2021, Oman had a large net trade with Saudi Arabia in the exports of Metals ($1.05B), Transportation ($345M), and Mineral Products ($325M).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Saudi Arabia Exports

Oman Exports

Market Competitiveness

Comparative Advantage Saudi Arabia - Oman

Economic Complexity

Competitive Landscape

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