2022
Exports
$50.7MWorld Rnk 108 / 176
Flag Rnk 64 / 1042
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$766MWorld Rnk 30 / 178
Flag Rnk 4 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $50.7M in Gold, making it the 108th largest exporter of Gold in the world. At the same year, Gold was the 64th most exported product in Oman. The main destination of Gold exports from Oman are: United Arab Emirates ($33.5M), India ($6.6M), United States ($5.98M), Hong Kong ($2.67M), and Bahrain ($1.04M).

The fastest growing export markets for Gold of Oman between 2021 and 2022 were United Arab Emirates ($18M), India ($6.6M), and United States ($5.98M).

Imports In 2022, Oman imported $766M in Gold, becoming the 30th largest importer of Gold in the world. At the same year, Gold was the 4th most imported product in Oman. Oman imports Gold primarily from: United Arab Emirates ($721M), United States ($42M), Turkey ($2.16M), Germany ($970k), and Yemen ($273k).

The fastest growing import markets in Gold for Oman between 2021 and 2022 were United Arab Emirates ($150M), United States ($29.3M), and Turkey ($2.16M).

Latest Trends

Aug 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 Gold. 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)$50.7M
IMPORTS (2022)$766M
NET TRADE (2022)-$716M

In 2022, Oman exported $50.7M in Gold. The main destinations of Oman exports on Gold were United Arab Emirates ($33.5M), India ($6.6M), United States ($5.98M), Hong Kong ($2.67M), and Bahrain ($1.04M).

In 2022, Oman imported $766M in Gold, mainly from United Arab Emirates ($721M), United States ($42M), Turkey ($2.16M), Germany ($970k), and Yemen ($273k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Oman WERE (2021 - 2022):
India$6.6M (1%)
United States$5.98M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Oman WERE (2021 - 2022):
Qatar-$4.12M (-100%)
Switzerland-$1.64M (-72.1%)
Hong Kong-$947k (-26.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $23.7M
TOP IMPORT POTENTIALUnited States+ $20.1M

Gold’s highest export potential is United Arab Emirates. With an export gap of $23.7M.   Gold’s highest import potential is United States with an import gap of $20.1M.

See methodology.

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