2022
Exports
$241MWorld Rnk 2 / 171
Flag Rnk 26 / 1042
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$7.83MWorld Rnk 84 / 220
Flag Rnk 443 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $241M in Iron Nails, making it the 2nd largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 26th most exported product in Oman. The main destination of Iron Nails exports from Oman are: United States ($233M), Canada ($2.62M), United Kingdom ($1.56M), United Arab Emirates ($1.13M), and Netherlands ($591k).

The fastest growing export markets for Iron Nails of Oman between 2021 and 2022 were United States ($82.5M), Canada ($920k), and Netherlands ($288k).

Imports In 2022, Oman imported $7.83M in Iron Nails, becoming the 84th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 443rd most imported product in Oman. Oman imports Iron Nails primarily from: China ($5.42M), Chinese Taipei ($1.17M), United Arab Emirates ($824k), Malaysia ($104k), and India ($76.3k).

The fastest growing import markets in Iron Nails for Oman between 2021 and 2022 were China ($1.13M), Malaysia ($67.4k), and Sri Lanka ($49.1k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Nails. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$241M
IMPORTS (2022)$7.83M
NET TRADE (2022)$233M

In 2022, Oman exported $241M in Iron Nails. The main destinations of Oman exports on Iron Nails were United States ($233M), Canada ($2.62M), United Kingdom ($1.56M), United Arab Emirates ($1.13M), and Netherlands ($591k).

In 2022, Oman imported $7.83M in Iron Nails, mainly from China ($5.42M), Chinese Taipei ($1.17M), United Arab Emirates ($824k), Malaysia ($104k), and India ($76.3k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United States$82.5M (54.7%)
Canada$920k (54.1%)
Netherlands$288k (95.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Oman WERE (2021 - 2022):
United Kingdom-$491k (-23.9%)
Somalia-$324k (-41.6%)
Mexico-$310k (-96.4%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Iron Nails were:
In 2022, Oman's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.21M
TOP IMPORT POTENTIALChina+ $561k

Iron Nails’s highest export potential is United Arab Emirates. With an export gap of $1.21M.   Iron Nails’s highest import potential is China with an import gap of $561k.

See methodology.

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