2023
Exports
$235MWorld Rnk 52 / 210
Flag Rnk 28 / 1051
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$2.33BWorld Rnk 54 / 225
Flag Rnk 2 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $235M in Cars, making it the 52nd largest exporter of Cars in the world. At the same year, Cars was the 28th most exported product in Oman. The main destination of Cars exports from Oman are: Saudi Arabia ($97.3M), United Arab Emirates ($95.7M), Djibouti ($9.06M), Iran ($8.94M), and Luxembourg ($3.56M).

The fastest growing export markets for Cars of Oman between 2022 and 2023 were United Arab Emirates ($57.6M), Saudi Arabia ($17.3M), and Luxembourg ($3.56M).

Imports In 2023, Oman imported $2.33B in Cars, becoming the 54th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Oman. Oman imports Cars primarily from: Japan ($647M), United States ($515M), United Arab Emirates ($336M), China ($169M), and Germany ($110M).

The fastest growing import markets in Cars for Oman between 2022 and 2023 were United States ($277M), United Arab Emirates ($50.3M), and China ($36.3M).

Latest Trends

Dec 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 Cars. 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 (2023)$235M
IMPORTS (2023)$2.33B
NET TRADE (2023)-$2.1B

In 2023, Oman exported $235M in Cars. The main destinations of Oman exports on Cars were Saudi Arabia ($97.3M), United Arab Emirates ($95.7M), Djibouti ($9.06M), Iran ($8.94M), and Luxembourg ($3.56M).

In 2023, Oman imported $2.33B in Cars, mainly from Japan ($647M), United States ($515M), United Arab Emirates ($336M), China ($169M), and Germany ($110M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Saudi Arabia$17.3M (21.6%)
Luxembourg$3.56M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Oman WERE (2022 - 2023):
Netherlands-$6.12M (-92.6%)
Germany-$5.32M (-93.1%)
Qatar-$3.44M (-60.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Oman's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $41.4M
TOP IMPORT POTENTIALChina+ $82.1M

Cars’s highest export potential is Saudi Arabia. With an export gap of $41.4M.   Cars’s highest import potential is China with an import gap of $82.1M.

See methodology.

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