Refined Petroleum in Oman

EXPORTS (2018): $2.8B, World Rnk 39 / 198
Flag Rnk 3 / 993

TOP DESTINATION (2018): $859M, South Africa

FASTEST GROWING MARKET (2017 - 2018): $271M, South Africa

IMPORTS (2018): $1.92B, World Rnk 70 / 221
Flag Rnk 2 / 1156

TOP ORIGIN (2018): $404M, India

FASTEST GROWING ORIGIN (2017 - 2018): $229M, Chinese Taipei

ECONOMIC COMPLEXITY of Oman (2018): -0.046, Rnk 68 / 137

Overview: This page contains the latest trade data of Refined Petroleum in Oman.

Exports: In 2018, Oman exported $2.8B in Refined Petroleum, making it the 39th 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 ($859M), Pakistan ($365M), Qatar ($231M), Yemen ($210M), and Netherlands ($172M).

The fastest growing export markets for Refined Petroleum of Oman between 2017 and 2018 were South Africa ($271M), Qatar ($213M), and Netherlands ($157M).

Imports: In 2018, Oman imported $1.92B in Refined Petroleum, becoming the 70th 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: India ($404M), Qatar ($243M), Chinese Taipei ($229M), Iraq ($203M), and United Arab Emirates ($197M).

The fastest growing import markets in Refined Petroleum for Oman between 2017 and 2018 were Chinese Taipei ($229M), China ($130M), and Netherlands ($72.9M).

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 (2018): $2.8B

IMPORTS (2018): $1.92B

NET TRADE (2018): $871M

In 2018, Oman exported $2.8B in Refined Petroleum. The main destinations of Oman exports on Refined Petroleum were South Africa ($859M), Pakistan ($365M), Qatar ($231M), Yemen ($210M), and Netherlands ($172M).

In 2018, Oman imported $1.92B in Refined Petroleum, mainly from India ($404M), Qatar ($243M), Chinese Taipei ($229M), Iraq ($203M), and United Arab Emirates ($197M).

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IN 2018, Oman HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • South Africa, $857M ($859M - $1.88M)
  • Pakistan, $354M ($365M - $11.5M)
  • Yemen, $210M ($210M - $0)

IN 2018, Oman HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • India, -$332M ($72.3M - $404M)
  • Chinese Taipei, -$202M ($27.5M - $229M)
  • United Arab Emirates, -$145M ($52M - $197M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Oman WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Oman WERE (2017 - 2018):

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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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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Oman. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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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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