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Pricing

2022
Flag → Flag
Exports $1.09BRnk 78 / 219
2022
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Top Product $292MCars
2022
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Exports $2.71BRnk 5 / 171
2022
Flag → Flag
Top Product $503MNitrogenous Fertilizers
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI -0.15Rnk 68 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 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

United States-Oman In 2022, United States exported $1.09B to Oman. The main products that United States exported to Oman are Cars ($292M), Petroleum Coke ($75.2M), and Reaction and Catalytic Products ($52.6M). During the last 27 years the exports of United States to Oman have increased at an annualized rate of 4.47%, from $336M in 1995 to $1.09B in 2022.

In 2017, United States exported services to Oman worth $483M, with Financial services ($151M), Travel ($134M), and Other business services ($52M) being the largest in terms of value.

Oman-United States In 2022, Oman exported $2.71B to United States. The main products that Oman exported to United States were Nitrogenous Fertilizers ($503M), Aluminium Plating ($450M), and Raw Plastic Sheeting ($410M). During the last 27 years the exports of Oman to United States have increased at an annualized rate of 7.78%, from $359M in 1995 to $2.71B in 2022.

In 2022, Oman did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (1.01k), DEKALB FARMERS MARKET INCO N (316), and VOLKSWAGEN GROUP OF AMERICA (246) were at the forefront of exporting goods from Oman to the United States. Conversely, ROBERT BOSCH SRL (1.16k), FRUTAS TROPICALES IBARRA SPR DE RL (314), and EFTEC AG (246) were notable for importing Oman products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $116M and imported $85.2M from Oman, resulting in a positive trade balance of $30.3M. Between January 2023 and January 2024 the exports of United States have decreased by $-2.08M (-1.77%) from $118M to $116M, while imports decreased by $-27.2M (-24.2%) from $112M to $85.2M.

Trade In January 2024, the top exports of United States to Oman were Cars ($40.6M), Gold ($8.38M), Other Construction Vehicles ($6.61M), Commodities not elsewhere specified ($5.22M), and Ethylene Polymers ($4.07M). In January 2024 the top imports of United States from Oman were Raw Plastic Sheeting ($23.5M), Aluminium Plating ($20.7M), Polyacetals ($17.8M), Cyclic Hydrocarbons ($12.4M), and Jewellery ($10.9M).

Origins In January 2024 the exports of United States were mainly from Texas ($28.1M), Florida ($19.8M), New York ($15.6M), California ($8.18M), and Georgia ($5.16M), while imports destinations were mainly New York ($15.3M), Texas ($15.3M), Missouri ($8.28M), Connecticut ($6.35M), and Georgia ($5.24M).

Growth In January 2024, the decrease in United States's year-by-year exports to Oman was explained primarily by an decrease in product exports in Delivery Trucks ($-2.91M or -76.4%), Vaccines, blood, antisera, toxins and cultures ($-1.84M or -60.3%), and Poultry Meat ($-782k or -66.1%). In January 2024, the decrease in United States's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in Iron Nails ($-12.1M or -95.2%), Other Small Iron Pipes ($-10.9M or -86%), and Raw Plastic Sheeting ($-9.24M or -28.2%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$-2.08M(-1.77%)
IMPORT GROWTH (January 2023 - January 2024)$-27.2M(-24.2%)
MAIN EXPORTER (January 2024)Texas$28.1M

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

To check Oman and United States 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, United States exported $1.09B to Oman. The main products exported from United States to Oman were Cars ($292M), Petroleum Coke ($75.2M), and Reaction and Catalytic Products ($52.6M). During the last 27 years the exports of United States to Oman have increased at an annualized rate of 4.47%, from $336M in 1995 to $1.09B in 2022.

In 2022, Oman exported $2.71B to United States. The main products exported from Oman to United States were Nitrogenous Fertilizers ($503M), Aluminium Plating ($450M), and Raw Plastic Sheeting ($410M). During the last 27 years the exports of Oman to United States have increased at an annualized rate of 7.78%, from $359M in 1995 to $2.71B in 2022.

Exports from United States (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Oman
Top DestinationChina$30.4B

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

In 2021, countries that imported more from United States than Oman were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Oman than United States were Iran ($539M), Mauritius ($544M), and Madagascar ($337M).

Difference in imports from Oman (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Oman

Flow
Scale

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

During 2022, United States had a large net trade with Oman in the exports of Transportation ($374M), Machines ($166M), and Mineral Products ($122M).

During 2022, Oman had a large net trade with United States in the exports of Metals ($869M), Plastics and Rubbers ($818M), and Chemical Products ($556M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Oman worth $483M, with Financial services ($151M), Travel ($134M), and Other business services ($52M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Oman (Flag) (2017)

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

Product Space of United States (Flag) and Oman (Flag) (2022)

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