2022
Exports
$465MWorld Rnk 45 / 222
Flag Rnk 14 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$413MWorld Rnk 68 / 226
Flag Rnk 23 / 96
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $465M in Chemical products n.e.s., making it the 45th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 14th most exported product in Oman. The main destination of Chemical products n.e.s. exports from Oman are: Iraq ($85.4M), Qatar ($78.5M), Kenya ($59.2M), Tanzania ($56.5M), and Singapore ($38M).

The fastest growing export markets for Chemical products n.e.s. of Oman between 2021 and 2022 were Iraq ($78.2M), Qatar ($73.1M), and Kenya ($59.1M).

Imports In 2022, Oman imported $413M in Chemical products n.e.s., becoming the 68th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 23rd most imported product in Oman. Oman imports Chemical products n.e.s. primarily from: United Arab Emirates ($120M), United States ($63.5M), Germany ($38.8M), Singapore ($33.2M), and India ($24.1M).

The fastest growing import markets in Chemical products n.e.s. for Oman between 2021 and 2022 were United States ($34.3M), Singapore ($25.8M), and India ($4.97M).

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 Chemical products n.e.s.. 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)$465M
IMPORTS (2022)$413M
NET TRADE (2022)$52.6M

In 2022, Oman exported $465M in Chemical products n.e.s.. The main destinations of Oman exports on Chemical products n.e.s. were Iraq ($85.4M), Qatar ($78.5M), Kenya ($59.2M), Tanzania ($56.5M), and Singapore ($38M).

In 2022, Oman imported $413M in Chemical products n.e.s., mainly from United Arab Emirates ($120M), United States ($63.5M), Germany ($38.8M), Singapore ($33.2M), and India ($24.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Iraq$78.2M (1.09k%)
Qatar$73.1M (1.36k%)
Kenya$59.1M (92.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Oman WERE (2021 - 2022):
Kuwait-$10.7M (-85.8%)
United Arab Emirates-$8.96M (-75.3%)
Saudi Arabia-$5.23M (-43.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Chemical products n.e.s. were:
In 2022, Oman's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $6.45M
TOP IMPORT POTENTIALChina+ $16.9M

Chemical products n.e.s.’s highest export potential is India. With an export gap of $6.45M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $16.9M.

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