2022
Exports
$304MWorld Rnk 22 / 120
Flag Rnk 20 / 1042
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons
0.72Rnk 268 / 1025
2022
Imports
$31.8MWorld Rnk 47 / 194
Flag Rnk 202 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $304M in Cyclic Hydrocarbons, making it the 22nd largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 20th most exported product in Oman. The main destination of Cyclic Hydrocarbons exports from Oman are: China ($88.5M), India ($85.9M), United States ($39.5M), Kuwait ($28.7M), and Netherlands ($18M).

The fastest growing export markets for Cyclic Hydrocarbons of Oman between 2021 and 2022 were United States ($21.7M), Thailand ($10.6M), and Italy ($9.72M).

Imports In 2022, Oman imported $31.8M in Cyclic Hydrocarbons, becoming the 47th largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 202nd most imported product in Oman. Oman imports Cyclic Hydrocarbons primarily from: United Arab Emirates ($18.1M), China ($13.2M), South Korea ($137k), United States ($97.7k), and Saudi Arabia ($95.4k).

The fastest growing import markets in Cyclic Hydrocarbons for Oman between 2021 and 2022 were United Arab Emirates ($14.5M), China ($13.2M), and Saudi Arabia ($95.4k).

Latest Trends

Sep 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 Cyclic Hydrocarbons. 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)$304M
IMPORTS (2022)$31.8M
NET TRADE (2022)$272M

In 2022, Oman exported $304M in Cyclic Hydrocarbons. The main destinations of Oman exports on Cyclic Hydrocarbons were China ($88.5M), India ($85.9M), United States ($39.5M), Kuwait ($28.7M), and Netherlands ($18M).

In 2022, Oman imported $31.8M in Cyclic Hydrocarbons, mainly from United Arab Emirates ($18.1M), China ($13.2M), South Korea ($137k), United States ($97.7k), and Saudi Arabia ($95.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United States$21.7M (122%)
Thailand$10.6M (1%)
Italy$9.72M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY Oman WERE (2021 - 2022):
China-$199M (-69.3%)
Kuwait-$45.3M (-61.2%)
Chinese Taipei-$32.2M (-84.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $36.5M
TOP IMPORT POTENTIALSaudi Arabia+ $464k

Cyclic Hydrocarbons’s highest export potential is China. With an export gap of $36.5M.   Cyclic Hydrocarbons’s highest import potential is Saudi Arabia with an import gap of $464k.

See methodology.

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