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2022
Exports $97.6MWorld Rnk 77 / 223
Flag Rnk 28 / 96
2022
Destination $1.92M United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $1.92MTurkey
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $706MWorld Rnk 77 / 226
Flag Rnk 12 / 96
2022
Origin $12.9M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $12.9MGermany
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $97.6M in Pharmaceutical products, making it the 77th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 28th most exported product in Oman. The main destination of Pharmaceutical products exports from Oman are: United Arab Emirates ($30.6M), Saudi Arabia ($13.7M), Qatar ($10.5M), United Kingdom ($9.6M), and Kuwait ($4.49M).

The fastest growing export markets for Pharmaceutical products of Oman between 2021 and 2022 were Turkey ($1.92M), United Arab Emirates ($1.9M), and Malta ($1.82M).

Imports In 2022, Oman imported $706M in Pharmaceutical products, becoming the 77th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 12th most imported product in Oman. Oman imports Pharmaceutical products primarily from: United Arab Emirates ($166M), Qatar ($128M), Switzerland ($70.7M), Germany ($47.9M), and Saudi Arabia ($39.8M).

The fastest growing import markets in Pharmaceutical products for Oman between 2021 and 2022 were Germany ($12.9M), Netherlands ($8.46M), and France ($8.41M).

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 Pharmaceutical 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 (2022)$97.6M
IMPORTS (2022)$706M
NET TRADE (2022)-$608M

In 2022, Oman exported $97.6M in Pharmaceutical products. The main destinations of Oman exports on Pharmaceutical products were United Arab Emirates ($30.6M), Saudi Arabia ($13.7M), Qatar ($10.5M), United Kingdom ($9.6M), and Kuwait ($4.49M).

In 2022, Oman imported $706M in Pharmaceutical products, mainly from United Arab Emirates ($166M), Qatar ($128M), Switzerland ($70.7M), Germany ($47.9M), and Saudi Arabia ($39.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Turkey$1.92M (777%)
United Arab Emirates$1.9M (6.61%)
Malta$1.82M (580%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Oman WERE (2021 - 2022):
Yemen-$17M (-91.2%)
Saudi Arabia-$13.2M (-49.1%)
Qatar-$4.39M (-29.5%)
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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 Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Oman's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $8.9M
TOP IMPORT POTENTIALGermany+ $37.3M

Pharmaceutical products’s highest export potential is Saudi Arabia. With an export gap of $8.9M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $37.3M.

See methodology.

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