2022
Exports
$259MWorld Rnk 57 / 222
Flag Rnk 24 / 1042
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$173MWorld Rnk 79 / 225
Flag Rnk 42 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $259M in Insulated Wire, making it the 57th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 24th most exported product in Oman. The main destination of Insulated Wire exports from Oman are: United Arab Emirates ($106M), Qatar ($48.4M), Kuwait ($15.2M), Bahrain ($14.8M), and Saudi Arabia ($12.5M).

The fastest growing export markets for Insulated Wire of Oman between 2021 and 2022 were Egypt ($4.51M), Spain ($4.32M), and Iraq ($3.82M).

Imports In 2022, Oman imported $173M in Insulated Wire, becoming the 79th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 42nd most imported product in Oman. Oman imports Insulated Wire primarily from: United Arab Emirates ($63M), India ($29.2M), China ($16.8M), United States ($16.3M), and South Korea ($13M).

The fastest growing import markets in Insulated Wire for Oman between 2021 and 2022 were South Korea ($6.53M), China ($4.45M), and India ($3.9M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Insulated Wire. 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)$259M
IMPORTS (2022)$173M
NET TRADE (2022)$85.8M

In 2022, Oman exported $259M in Insulated Wire. The main destinations of Oman exports on Insulated Wire were United Arab Emirates ($106M), Qatar ($48.4M), Kuwait ($15.2M), Bahrain ($14.8M), and Saudi Arabia ($12.5M).

In 2022, Oman imported $173M in Insulated Wire, mainly from United Arab Emirates ($63M), India ($29.2M), China ($16.8M), United States ($16.3M), and South Korea ($13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Egypt$4.51M (731%)
Spain$4.32M (99.9%)
Iraq$3.82M (51.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Oman WERE (2021 - 2022):
Kuwait-$5.83M (-27.7%)
Saudi Arabia-$5.51M (-30.5%)
Bahrain-$4.66M (-24%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $7.97M
TOP IMPORT POTENTIALChina+ $16.5M

Insulated Wire’s highest export potential is Saudi Arabia. With an export gap of $7.97M.   Insulated Wire’s highest import potential is China with an import gap of $16.5M.

See methodology.

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