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2022
Exports $114kWorld Rnk 95 / 200
Flag Rnk 92 / 96
2022
Destination $22.4k Iran
2021 - 2022
FASTEST GROWING MARKET $22.4kYemen
2022
PRODUCT COMPLEXITY IN Musical instruments1.43Rnk 66 / 1025
2022
Imports $1.86MWorld Rnk 101 / 224
Flag Rnk 90 / 96
2022
Origin $166k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $166kChina
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $114k in Musical instruments, making it the 95th largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 92nd most exported product in Oman. The main destination of Musical instruments exports from Oman are: Iran ($38.5k), Yemen ($22.8k), Saudi Arabia ($18.5k), Italy ($16.4k), and United Arab Emirates ($5.78k).

The fastest growing export markets for Musical instruments of Oman between 2021 and 2022 were Yemen ($22.4k), Italy ($16.4k), and Iran ($15.7k).

Imports In 2022, Oman imported $1.86M in Musical instruments, becoming the 101st largest importer of Musical instruments in the world. At the same year, Musical instruments was the 90th most imported product in Oman. Oman imports Musical instruments primarily from: United Arab Emirates ($972k), China ($367k), United Kingdom ($89.5k), Italy ($61.8k), and Germany ($55.4k).

The fastest growing import markets in Musical instruments for Oman between 2021 and 2022 were China ($166k), Japan ($39.4k), and Belgium ($20.9k).

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 Musical instruments. 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)$114k
IMPORTS (2022)$1.86M
NET TRADE (2022)-$1.75M

In 2022, Oman exported $114k in Musical instruments. The main destinations of Oman exports on Musical instruments were Iran ($38.5k), Yemen ($22.8k), Saudi Arabia ($18.5k), Italy ($16.4k), and United Arab Emirates ($5.78k).

In 2022, Oman imported $1.86M in Musical instruments, mainly from United Arab Emirates ($972k), China ($367k), United Kingdom ($89.5k), Italy ($61.8k), and Germany ($55.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Yemen$22.4k (4.94k%)
Italy$16.4k (1%)
Iran$15.7k (68.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Oman WERE (2021 - 2022):
Qatar-$548k (-100%)
Saudi Arabia-$20.2k (-52.2%)
United Arab Emirates-$17.4k (-75.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Musical instruments were:
China $2.53B
Indonesia $1.08B
Germany $1.01B
In 2022, Oman's main importing competitors in Musical instruments were:
United States $1.91B
Germany $876M
China $615M

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Trade Value of Musical instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $12.5k
TOP IMPORT POTENTIALChina+ $303k

Musical instruments’s highest export potential is United Arab Emirates. With an export gap of $12.5k.   Musical instruments’s highest import potential is China with an import gap of $303k.

See methodology.

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