2022
Exports
$1.94MWorld Rnk 73 / 141
Flag Rnk 320 / 1042
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$295kWorld Rnk 95 / 186
Flag Rnk 916 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $1.94M in Inedible Fats and Oils, making it the 73rd largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 320th most exported product in Oman. The main destination of Inedible Fats and Oils exports from Oman are: United Arab Emirates ($1.48M), Malaysia ($356k), and Netherlands ($101k).

The fastest growing export markets for Inedible Fats and Oils of Oman between 2021 and 2022 were United Arab Emirates ($372k) and Malaysia ($356k).

Imports In 2022, Oman imported $295k in Inedible Fats and Oils, becoming the 95th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 916th most imported product in Oman. Oman imports Inedible Fats and Oils primarily from: Turkey ($208k), United Arab Emirates ($64k), Germany ($11.9k), India ($10.8k), and Spain ($580).

The fastest growing import markets in Inedible Fats and Oils for Oman between 2021 and 2022 were United Arab Emirates ($60.5k), Germany ($11.9k), and Turkey ($11.2k).

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 Inedible Fats and Oils. 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)$1.94M
IMPORTS (2022)$295k
NET TRADE (2022)$1.64M

In 2022, Oman exported $1.94M in Inedible Fats and Oils. The main destinations of Oman exports on Inedible Fats and Oils were United Arab Emirates ($1.48M), Malaysia ($356k), and Netherlands ($101k).

In 2022, Oman imported $295k in Inedible Fats and Oils, mainly from Turkey ($208k), United Arab Emirates ($64k), Germany ($11.9k), India ($10.8k), and Spain ($580).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Malaysia$356k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Oman WERE (2021 - 2022):
United Kingdom-$824k (-100%)
Netherlands-$565k (-84.8%)
Somalia-$255k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Inedible Fats and Oils were:
In 2022, Oman's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $257k
TOP IMPORT POTENTIALUnited Arab Emirates+ $32.3k

Inedible Fats and Oils’s highest export potential is Netherlands. With an export gap of $257k.   Inedible Fats and Oils’s highest import potential is United Arab Emirates with an import gap of $32.3k.

See methodology.

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