2023
Exports
$49.3BWorld Rnk 22 / 224
Flag Rnk 1 / 21
2023
PRODUCT COMPLEXITY IN Mineral Products
0.38Rnk 423 / 1025
2023
Imports
$10.8BWorld Rnk 49 / 226
Flag Rnk 1 / 21
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $49.3B in Mineral Products, making it the 22nd largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 1st most exported product in Oman. The main destination of Mineral Products exports from Oman are: China ($28.9B), South Africa ($2.47B), Japan ($2.42B), Chinese Taipei ($2.3B), and India ($1.94B).

The fastest growing export markets for Mineral Products of Oman between 2022 and 2023 were Croatia ($559M), Indonesia ($533M), and Germany ($458M).

Imports In 2023, Oman imported $10.8B in Mineral Products, becoming the 49th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 1st most imported product in Oman. Oman imports Mineral Products primarily from: Saudi Arabia ($3.01B), Kuwait ($1.61B), Qatar ($1.21B), Brazil ($988M), and United Arab Emirates ($931M).

The fastest growing import markets in Mineral Products for Oman between 2022 and 2023 were Kuwait ($1.4B), Greece ($145M), and Malta ($91M).

COMPANIES In 2024, leading companies such as Emser Tile (1) were at the forefront of shipping Mineral Products from Oman to the United States.

Latest Trends

Dec 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 Mineral Products. 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)$49.3B
IMPORTS (2023)$10.8B
NET TRADE (2023)$38.5B

In 2023, Oman exported $49.3B in Mineral Products. The main destinations of Oman exports on Mineral Products were China ($28.9B), South Africa ($2.47B), Japan ($2.42B), Chinese Taipei ($2.3B), and India ($1.94B).

In 2023, Oman imported $10.8B in Mineral Products, mainly from Saudi Arabia ($3.01B), Kuwait ($1.61B), Qatar ($1.21B), Brazil ($988M), and United Arab Emirates ($931M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Croatia$559M (55.9M%)
Indonesia$533M (887%)
Germany$458M (4.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Oman WERE (2022 - 2023):
South Korea-$4.93B (-96.5%)
China-$4.91B (-14.5%)
India-$3.88B (-66.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Mineral Products were:
In 2023, Oman's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.81B
TOP IMPORT POTENTIALUnited Arab Emirates+ $282M

Mineral Products’s highest export potential is India. With an export gap of $2.81B.   Mineral Products’s highest import potential is United Arab Emirates with an import gap of $282M.

See methodology.

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