Refined Petroleum in Oman

2019
Exports | Imports
: $2.61B | $1.25B, World Rnk 36 / 214
Flag Rnk 3 / 871 | World Rnk 87 / 225
Flag Rnk 2 / 1155

2019
Destination | Origin
: $896M | $381M, South Africa | United Arab Emirates

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $226M | $187M, India |  United Arab Emirates

2019
ECONOMIC COMPLEXITY of Oman
: -0.17, Rnk 83 / 157

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports: In 2019, Oman exported $2.61B in Refined Petroleum, making it the 36th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Oman. The main destination of Refined Petroleum exports from Oman are: South Africa ($896M), India ($302M), Pakistan ($294M), Yemen ($212M), and United Arab Emirates ($143M).

The fastest growing export markets for Refined Petroleum of Oman between 2018 and 2019 were India ($226M), United Arab Emirates ($90.9M), and South Africa ($72M).

Imports: In 2019, Oman imported $1.25B in Refined Petroleum, becoming the 87th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Oman. Oman imports Refined Petroleum primarily from: United Arab Emirates ($381M), India ($339M), Russia ($120M), United States ($93.9M), and Qatar ($79.2M).

The fastest growing import markets in Refined Petroleum for Oman between 2018 and 2019 were United Arab Emirates ($187M), United States ($92.7M), and Russia ($78.5M).

Tariffs: In 2018, the average tariff for Oman in Refined Petroleum was 4.48%. The countries with the highest import tariffs for Refined Petroleum were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2019): $2.61B

IMPORTS (2019): $1.25B

NET TRADE (2019): $1.37B

In 2019, Oman exported $2.61B in Refined Petroleum. The main destinations of Oman exports on Refined Petroleum were South Africa ($896M), India ($302M), Pakistan ($294M), Yemen ($212M), and United Arab Emirates ($143M).

In 2019, Oman imported $1.25B in Refined Petroleum, mainly from United Arab Emirates ($381M), India ($339M), Russia ($120M), United States ($93.9M), and Qatar ($79.2M).

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IN 2019, Oman HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Oman HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Oman WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Oman WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Oman's main exporting competitors in Refined Petroleum were:

In 2018, Oman's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2018, the average tariff for Oman in Refined Petroleum was 4.48%.

The countries with the highest tariffs for Refined Petroleum in Oman were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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