2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

South Africa-Oman Trade: In 2022, South Africa exported $51M to Oman. The main products that South Africa exported to Oman were Citrus ($8.14M), Pig Iron ($7.35M), and Apples and Pears ($6.19M). Over the past 5 years the exports of South Africa to Oman have decreased at an annualized rate of 7.91%, from $77.1M in 2017 to $51M in 2022.

In 2022, South Africa did not export any services to Oman.

Oman-South Africa Trade: In 2022, Oman exported $1.03B to South Africa. The main products that Oman exported to South Africa were Refined Petroleum ($782M), Nitrogenous Fertilizers ($162M), and Antiknock ($27.6M). Over the past 5 years the exports of Oman to South Africa have increased at an annualized rate of 14.3%,  from $527M in 2017 to $1.03B in 2022.

In 2022, Oman did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). 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
Value

In 2022, South Africa exported $51M to Oman. The main products exported from South Africa to Oman were Citrus ($8.14M), Pig Iron ($7.35M), and Apples and Pears ($6.19M). During the last 5 years the exports of South Africa to Oman have decreased at an annualized rate of 7.91%, from $77.1M in 2017 to $51M in 2022.

In 2017, Oman exported $1.03B to South Africa. The main products exported from Oman to South Africa were Refined Petroleum ($782M), Nitrogenous Fertilizers ($162M), and Antiknock ($27.6M). During the last 5 years the exports of Oman to South Africa have increased at an annualized rate of 14.3%, from $527M in 2022 to $1.03B in 2017.

Exports from South Africa (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from South Africa than Oman included Germany ($9.96B), United States ($10.9B), and Switzerland ($6.43B).

In 2022, countries that imported more from Oman than South Africa included China ($30.4B), Saudi Arabia ($2.4B), and South Korea ($4.64B).

Difference in imports from Oman (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Oman

Flow
Scale

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

During 2022, South Africa had a large net trade with Oman in the exports of Vegetable Products ($17.5M), Metals ($13M), and Transportation ($5.34M).

During 2017, Oman had a large net trade with South Africa in the exports of Mineral Products ($816M), Chemical Products ($191M), and Plastics and Rubbers ($11.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Oman+$8.17MCars
Top Product Potential Oman South Africa+$5.19MEthylene Polymers

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

This visualization shows the product space at the HS4 level with the flags of South Africa and Oman. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Oman (Flag) (2022)

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