2022
Exports
$4.24BWorld Rnk 35 / 214
Flag Rnk 3 / 1042
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$7.87BWorld Rnk 36 / 225
Flag Rnk 1 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $4.24B in Refined Petroleum, making it the 35th 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 ($782M), Mauritius ($481M), Madagascar ($321M), Maldives ($240M), and Kenya ($237M).

The fastest growing export markets for Refined Petroleum of Oman between 2021 and 2022 were Mauritius ($477M), Netherlands ($142M), and Pakistan ($132M).

Imports In 2022, Oman imported $7.87B in Refined Petroleum, becoming the 36th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Oman. Oman imports Refined Petroleum primarily from: Saudi Arabia ($2.68B), India ($1.86B), Qatar ($1.14B), United Arab Emirates ($810M), and Russia ($313M).

The fastest growing import markets in Refined Petroleum for Oman between 2021 and 2022 were Saudi Arabia ($2.4B), India ($1.36B), and Russia ($310M).

Latest Trends

Apr 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 Refined Petroleum. 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)$4.24B
IMPORTS (2022)$7.87B
NET TRADE (2022)-$3.64B

In 2022, Oman exported $4.24B in Refined Petroleum. The main destinations of Oman exports on Refined Petroleum were South Africa ($782M), Mauritius ($481M), Madagascar ($321M), Maldives ($240M), and Kenya ($237M).

In 2022, Oman imported $7.87B in Refined Petroleum, mainly from Saudi Arabia ($2.68B), India ($1.86B), Qatar ($1.14B), United Arab Emirates ($810M), and Russia ($313M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Mauritius$477M (12.4k%)
Netherlands$142M (322%)
Pakistan$132M (331%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Oman WERE (2021 - 2022):
South Africa-$783M (-50%)
France-$89.8M (-68.1%)
Japan-$77.1M (-88.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Refined Petroleum were:
In 2022, Oman's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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