2019 Exports | Imports: $5.42B | $51M, World Rnk 15 / 152
Rnk 2 / 871 | World Rnk 100 / 219 Rnk 109 / 1155
2019 Destination | Origin: $2.19B | $49.4M, South Korea | Qatar
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.08B | $49.4M, China | Qatar
2019 ECONOMIC COMPLEXITY of Oman: -0.17, Rnk 83 / 157
2019 PRODUCT COMPLEXITY IN Petroleum Gas: -2.48, Rnk 1023 / 1029
Exports: In 2019, Oman exported $5.42B in Petroleum Gas, making it the 15th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Oman. The main destination of Petroleum Gas exports from Oman are: South Korea ($2.19B), China ($1.33B), Japan ($1.18B), India ($412M), and Pakistan ($158M).
The fastest growing export markets for Petroleum Gas of Oman between 2018 and 2019 were China ($1.08B), Pakistan ($106M), and Thailand ($33.7M).
Imports: In 2019, Oman imported $51M in Petroleum Gas, becoming the 100th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 109th most imported product in Oman. Oman imports Petroleum Gas primarily from: Qatar ($49.4M), United Arab Emirates ($589k), South Korea ($567k), Netherlands ($347k), and Bulgaria ($67.4k).
The fastest growing import markets in Petroleum Gas for Oman between 2018 and 2019 were Qatar ($49.4M), Netherlands ($281k), and South Korea ($277k).
Tariffs: In 2018, the average tariff for Oman in Petroleum Gas was 4.48%. The countries with the highest import tariffs for Petroleum Gas were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).
EXPORTS (2019): $5.42B
IMPORTS (2019): $51M
NET TRADE (2019): $5.37B
In 2019, Oman exported $5.42B in Petroleum Gas. The main destinations of Oman exports on Petroleum Gas were South Korea ($2.19B), China ($1.33B), Japan ($1.18B), India ($412M), and Pakistan ($158M).
In 2019, Oman imported $51M in Petroleum Gas, mainly from Qatar ($49.4M), United Arab Emirates ($589k), South Korea ($567k), Netherlands ($347k), and Bulgaria ($67.4k).
IN 2019, Oman HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:
IN 2019, Oman HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:: Qatar , -$49.3M ($68.8k - $49.4M)
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Oman WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Oman WERE (2018 - 2019):
In 2018, Oman's main exporting competitors in Petroleum Gas were:
In 2018, Oman's main importing competitors in Petroleum Gas were:
In 2018, the average tariff for Oman in Petroleum Gas was 4.48%.
The countries with the highest tariffs for Petroleum Gas in Oman were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).
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