2022
Exports
$3.02BWorld Rnk 40 / 226
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$1.17BWorld Rnk 76 / 226
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $3.02B in Plastics & articles thereof, making it the 40th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 4th most exported product in Oman. The main destination of Plastics & articles thereof exports from Oman are: United States ($818M), India ($318M), China ($259M), United Arab Emirates ($215M), and Turkey ($131M).

The fastest growing export markets for Plastics & articles thereof of Oman between 2021 and 2022 were India ($203M), United States ($183M), and Pakistan ($47.9M).

Imports In 2022, Oman imported $1.17B in Plastics & articles thereof, becoming the 76th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 9th most imported product in Oman. Oman imports Plastics & articles thereof primarily from: United Arab Emirates ($495M), China ($169M), Saudi Arabia ($125M), United States ($64.2M), and India ($62M).

The fastest growing import markets in Plastics & articles thereof for Oman between 2021 and 2022 were United Arab Emirates ($36.6M), China ($24M), and India ($18.1M).

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 Plastics & articles thereof. 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)$3.02B
IMPORTS (2022)$1.17B
NET TRADE (2022)$1.85B

In 2022, Oman exported $3.02B in Plastics & articles thereof. The main destinations of Oman exports on Plastics & articles thereof were United States ($818M), India ($318M), China ($259M), United Arab Emirates ($215M), and Turkey ($131M).

In 2022, Oman imported $1.17B in Plastics & articles thereof, mainly from United Arab Emirates ($495M), China ($169M), Saudi Arabia ($125M), United States ($64.2M), and India ($62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Oman WERE (2021 - 2022):
India$203M (176%)
United States$183M (28.8%)
Pakistan$47.9M (90.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Oman WERE (2021 - 2022):
Yemen-$56.6M (-68.5%)
Iran-$14.7M (-89.6%)
Somalia-$10.2M (-63.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Plastics & articles thereof were:
In 2022, Oman's main importing competitors in Plastics & articles thereof were:

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $172M
TOP IMPORT POTENTIALChina+ $63.4M

Plastics & articles thereof’s highest export potential is China. With an export gap of $172M.   Plastics & articles thereof’s highest import potential is China with an import gap of $63.4M.

See methodology.

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