2023
Exports
$10.9MWorld Rnk 104 / 195
Flag Rnk 150 / 1051
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$5.23MWorld Rnk 57 / 140
Flag Rnk 503 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $10.9M in Scrap Copper, making it the 104th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 150th most exported product in Oman. The main destination of Scrap Copper exports from Oman are: United Arab Emirates ($5.63M), Belgium ($2.1M), Spain ($1.31M), Saudi Arabia ($727k), and India ($591k).

The fastest growing export markets for Scrap Copper of Oman between 2022 and 2023 were United Arab Emirates ($3.01M), Belgium ($882k), and Spain ($477k).

Imports In 2023, Oman imported $5.23M in Scrap Copper, becoming the 57th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 503rd most imported product in Oman. Oman imports Scrap Copper primarily from: United Arab Emirates ($5.07M), Costa Rica ($145k), and United States ($19.2k).

The fastest growing import markets in Scrap Copper for Oman between 2022 and 2023 were United Arab Emirates ($5.07M) and Costa Rica ($145k).

Latest Trends

Dec 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 Scrap Copper. 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 (2023)$10.9M
IMPORTS (2023)$5.23M
NET TRADE (2023)$5.67M

In 2023, Oman exported $10.9M in Scrap Copper. The main destinations of Oman exports on Scrap Copper were United Arab Emirates ($5.63M), Belgium ($2.1M), Spain ($1.31M), Saudi Arabia ($727k), and India ($591k).

In 2023, Oman imported $5.23M in Scrap Copper, mainly from United Arab Emirates ($5.07M), Costa Rica ($145k), and United States ($19.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Belgium$882k (72.1%)
Spain$477k (57.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Oman WERE (2022 - 2023):
China-$1.2M (-92.6%)
Japan-$489k (-100%)
Germany-$189k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Scrap Copper were:
In 2023, Oman's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.97M
TOP IMPORT POTENTIALUnited States+ $41.3k

Scrap Copper’s highest export potential is China. With an export gap of $1.97M.   Scrap Copper’s highest import potential is United States with an import gap of $41.3k.

See methodology.

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