2022
Exports | Imports
$56.6M | $85MWorld Rnk 21 / 178
Flag Rnk 60 / 1042
World Rnk 28 / 208
Flag Rnk 86 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.15Rnk 68 / 124
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.42Rnk 404 / 1025

About

Exports In 2022, Oman exported $56.6M in Precious Metal Watches, making it the 21st largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 60th most exported product in Oman. The main destination of Precious Metal Watches exports from Oman are: Hong Kong ($47.9M), Switzerland ($7.61M), United Arab Emirates ($431k), Malaysia ($245k), and Iran ($194k).

The fastest growing export markets for Precious Metal Watches of Oman between 2021 and 2022 were Switzerland ($6.1M), Turkey ($144k), and United States ($42.1k).

Imports In 2022, Oman imported $85M in Precious Metal Watches, becoming the 28th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 86th most imported product in Oman. Oman imports Precious Metal Watches primarily from: United Arab Emirates ($42.8M), Switzerland ($40M), France ($630k), Netherlands ($455k), and Ireland ($185k).

The fastest growing import markets in Precious Metal Watches for Oman between 2021 and 2022 were Netherlands ($450k), Turkey ($156k), and Ireland ($144k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Precious Metal Watches from Oman to the United States.

Latest Trends

Feb 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 Precious Metal Watches. 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)$56.6M
IMPORTS (2022)$85M
NET TRADE (2022)-$28.4M

In 2022, Oman exported $56.6M in Precious Metal Watches. The main destinations of Oman exports on Precious Metal Watches were Hong Kong ($47.9M), Switzerland ($7.61M), United Arab Emirates ($431k), Malaysia ($245k), and Iran ($194k).

In 2022, Oman imported $85M in Precious Metal Watches, mainly from United Arab Emirates ($42.8M), Switzerland ($40M), France ($630k), Netherlands ($455k), and Ireland ($185k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Switzerland$6.1M (404%)
Turkey$144k (1%)
United States$42.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Oman WERE (2021 - 2022):
Hong Kong-$2.93M (-5.76%)
Iran-$1.75M (-90.1%)
United Arab Emirates-$1.25M (-74.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Precious Metal Watches were:
In 2022, Oman's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

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