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Pricing

2022
Exports $3.63MWorld Rnk 61 / 200
Flag Rnk 244 / 1042
2022
Destination $827k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $827kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $15.5MWorld Rnk 71 / 220
Flag Rnk 316 / 1175
2022
Origin $850k Spain
2021 - 2022
FASTEST GROWING ORIGIN $850kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $3.63M in Navigation Equipment, making it the 61st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 244th most exported product in Oman. The main destination of Navigation Equipment exports from Oman are: United Kingdom ($2.55M), United Arab Emirates ($839k), Switzerland ($112k), Iran ($25.6k), and Sweden ($21.3k).

The fastest growing export markets for Navigation Equipment of Oman between 2021 and 2022 were United Arab Emirates ($827k), United Kingdom ($551k), and Sweden ($21.3k).

Imports In 2022, Oman imported $15.5M in Navigation Equipment, becoming the 71st largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 316th most imported product in Oman. Oman imports Navigation Equipment primarily from: Spain ($9.95M), United Arab Emirates ($2M), United States ($526k), China ($426k), and Turkey ($356k).

The fastest growing import markets in Navigation Equipment for Oman between 2021 and 2022 were United Arab Emirates ($850k), Turkey ($185k), and Luxembourg ($170k).

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 Navigation Equipment. 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)$3.63M
IMPORTS (2022)$15.5M
NET TRADE (2022)-$11.9M

In 2022, Oman exported $3.63M in Navigation Equipment. The main destinations of Oman exports on Navigation Equipment were United Kingdom ($2.55M), United Arab Emirates ($839k), Switzerland ($112k), Iran ($25.6k), and Sweden ($21.3k).

In 2022, Oman imported $15.5M in Navigation Equipment, mainly from Spain ($9.95M), United Arab Emirates ($2M), United States ($526k), China ($426k), and Turkey ($356k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Oman WERE (2021 - 2022):
United Arab Emirates$827k (6.85k%)
United Kingdom$551k (27.5%)
Sweden$21.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Oman WERE (2021 - 2022):
Yemen-$214k (-99.4%)
Switzerland-$119k (-51.6%)
Germany-$7.35k (-25.7%)
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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 Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Oman's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $377k
TOP IMPORT POTENTIALChina+ $758k

Navigation Equipment’s highest export potential is United Arab Emirates. With an export gap of $377k.   Navigation Equipment’s highest import potential is China with an import gap of $758k.

See methodology.

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