2022
Exports
$4.33MWorld Rnk 51 / 179
Flag Rnk 229 / 1042
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$12.3MWorld Rnk 54 / 211
Flag Rnk 351 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $4.33M in Compasses, making it the 51st largest exporter of Compasses in the world. At the same year, Compasses was the 229th most exported product in Oman. The main destination of Compasses exports from Oman are: United Kingdom ($3.59M), Switzerland ($307k), France ($182k), United States ($150k), and Iran ($59.3k).

The fastest growing export markets for Compasses of Oman between 2021 and 2022 were United Kingdom ($985k), United States ($150k), and Iran ($52.6k).

Imports In 2022, Oman imported $12.3M in Compasses, becoming the 54th largest importer of Compasses in the world. At the same year, Compasses was the 351st most imported product in Oman. Oman imports Compasses primarily from: United Kingdom ($4.57M), United Arab Emirates ($4.01M), Qatar ($891k), Turkey ($693k), and Netherlands ($685k).

The fastest growing import markets in Compasses for Oman between 2021 and 2022 were United Kingdom ($1.96M), Turkey ($255k), and Greece ($197k).

Latest Trends

Nov 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 Compasses. 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)$4.33M
IMPORTS (2022)$12.3M
NET TRADE (2022)-$8.02M

In 2022, Oman exported $4.33M in Compasses. The main destinations of Oman exports on Compasses were United Kingdom ($3.59M), Switzerland ($307k), France ($182k), United States ($150k), and Iran ($59.3k).

In 2022, Oman imported $12.3M in Compasses, mainly from United Kingdom ($4.57M), United Arab Emirates ($4.01M), Qatar ($891k), Turkey ($693k), and Netherlands ($685k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United Kingdom$985k (37.8%)
United States$150k (1%)
Iran$52.6k (780%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Oman WERE (2021 - 2022):
Switzerland-$553k (-64.3%)
France-$455k (-71.4%)
Qatar-$188k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $277k
TOP IMPORT POTENTIALGermany+ $277k

Compasses’s highest export potential is United States. With an export gap of $277k.   Compasses’s highest import potential is Germany with an import gap of $277k.

See methodology.

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