2023
Exports
$1.42MWorld Rnk 102 / 222
Flag Rnk 336 / 1051
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$23MWorld Rnk 90 / 224
Flag Rnk 234 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $1.42M in Integrated Circuits, making it the 102nd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 336th most exported product in Oman. The main destination of Integrated Circuits exports from Oman are: Djibouti ($814k), Iran ($491k), United Arab Emirates ($27.9k), Maldives ($22.4k), and Bahrain ($17.8k).

The fastest growing export markets for Integrated Circuits of Oman between 2022 and 2023 were Iran ($390k), Djibouti ($124k), and Maldives ($22.4k).

Imports In 2023, Oman imported $23M in Integrated Circuits, becoming the 90th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 234th most imported product in Oman. Oman imports Integrated Circuits primarily from: United Kingdom ($7.53M), United Arab Emirates ($6.13M), Qatar ($2.23M), Finland ($1.34M), and China ($1.24M).

The fastest growing import markets in Integrated Circuits for Oman between 2022 and 2023 were United Kingdom ($7M), Qatar ($1.32M), and Luxembourg ($575k).

Latest Trends

Jan 2025

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 Integrated Circuits. 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 (2023)$1.42M
IMPORTS (2023)$23M
NET TRADE (2023)-$21.6M

In 2023, Oman exported $1.42M in Integrated Circuits. The main destinations of Oman exports on Integrated Circuits were Djibouti ($814k), Iran ($491k), United Arab Emirates ($27.9k), Maldives ($22.4k), and Bahrain ($17.8k).

In 2023, Oman imported $23M in Integrated Circuits, mainly from United Kingdom ($7.53M), United Arab Emirates ($6.13M), Qatar ($2.23M), Finland ($1.34M), and China ($1.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Iran$390k (383%)
Djibouti$124k (18%)
Maldives$22.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Oman WERE (2022 - 2023):
India-$36.2M (-100%)
United Kingdom-$779k (-100%)
United States-$160k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Integrated Circuits were:
In 2023, Oman's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.69M
TOP IMPORT POTENTIALUnited Arab Emirates+ $773k

Integrated Circuits’s highest export potential is India. With an export gap of $7.69M.   Integrated Circuits’s highest import potential is United Arab Emirates with an import gap of $773k.

See methodology.

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