HS Icon Refined Petroleum in  Flag Oman

2021
Exports | Imports
: $3.93B | $2.8B, World Rnk 33 / 218
Flag Rnk 3 / 1077 | World Rnk 56 / 226
Flag Rnk 1 / 1177

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $991M | $302M, South Africa |  United Arab Emirates

2021
ECONOMIC COMPLEXITY of Oman
: -0.2, Rnk 73 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Oman exported $3.93B in Refined Petroleum, making it the 33rd 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 ($1.58B), Maldives ($236M), Madagascar ($213M), Malaysia ($192M), and Kenya ($189M).

The fastest growing export markets for Refined Petroleum of Oman between 2020 and 2021 were South Africa ($991M), Maldives ($236M), and Madagascar ($190M).

Imports In 2021, Oman imported $2.8B in Refined Petroleum, becoming the 56th 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: Qatar ($835M), United Arab Emirates ($591M), India ($482M), Saudi Arabia ($278M), and Kuwait ($138M).

The fastest growing import markets in Refined Petroleum for Oman between 2020 and 2021 were United Arab Emirates ($302M), Qatar ($242M), and Kuwait ($123M).

Tariffs In 2018, the average tariff for Oman in Refined Petroleum was 4.77%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Mar 2023

Subnational Monthly Trade

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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

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EXPORTS (2021): $3.93B

IMPORTS (2021): $2.8B

NET TRADE (2021): $1.13B

In 2021, Oman exported $3.93B in Refined Petroleum. The main destinations of Oman exports on Refined Petroleum were South Africa ($1.58B), Maldives ($236M), Madagascar ($213M), Malaysia ($192M), and Kenya ($189M).

In 2021, Oman imported $2.8B in Refined Petroleum, mainly from Qatar ($835M), United Arab Emirates ($591M), India ($482M), Saudi Arabia ($278M), and Kuwait ($138M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Oman WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Oman WERE (2020 - 2021):

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Market Concentration

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In 2021, Oman's main exporting competitors in Refined Petroleum were:

In 2021, Oman's main importing competitors in Refined Petroleum were:

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