2022
Exports
$183kWorld Rnk 96 / 199
Flag Rnk 613 / 1042
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$11.9MWorld Rnk 72 / 220
Flag Rnk 361 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $183k in Metalworking Machine Parts, making it the 96th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 613th most exported product in Oman. The main destination of Metalworking Machine Parts exports from Oman are: United Arab Emirates ($79k), United States ($19.7k), Iran ($13.5k), Netherlands ($13.4k), and Palestine ($12.6k).

The fastest growing export markets for Metalworking Machine Parts of Oman between 2021 and 2022 were United Arab Emirates ($28k), Palestine ($12.6k), and Netherlands ($11.8k).

Imports In 2022, Oman imported $11.9M in Metalworking Machine Parts, becoming the 72nd largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 361st most imported product in Oman. Oman imports Metalworking Machine Parts primarily from: Italy ($3.32M), United Arab Emirates ($2.24M), China ($1.09M), Kuwait ($1.01M), and Qatar ($658k).

The fastest growing import markets in Metalworking Machine Parts for Oman between 2021 and 2022 were Kuwait ($996k), Italy ($753k), and Bahrain ($407k).

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 Metalworking Machine Parts. 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)$183k
IMPORTS (2022)$11.9M
NET TRADE (2022)-$11.7M

In 2022, Oman exported $183k in Metalworking Machine Parts. The main destinations of Oman exports on Metalworking Machine Parts were United Arab Emirates ($79k), United States ($19.7k), Iran ($13.5k), Netherlands ($13.4k), and Palestine ($12.6k).

In 2022, Oman imported $11.9M in Metalworking Machine Parts, mainly from Italy ($3.32M), United Arab Emirates ($2.24M), China ($1.09M), Kuwait ($1.01M), and Qatar ($658k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Palestine$12.6k (1%)
Netherlands$11.8k (715%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Oman WERE (2021 - 2022):
United States-$1.09M (-98.2%)
Germany-$669k (-99.4%)
Saudi Arabia-$437k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Metalworking Machine Parts were:
In 2022, Oman's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $52.5k
TOP IMPORT POTENTIALChina+ $969k

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $52.5k.   Metalworking Machine Parts’s highest import potential is China with an import gap of $969k.

See methodology.

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