2022
Exports
$80kWorld Rnk 89 / 157
Flag Rnk 705 / 1042
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$6.12MWorld Rnk 75 / 215
Flag Rnk 490 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $80k in Silicone, making it the 89th largest exporter of Silicone in the world. At the same year, Silicone was the 705th most exported product in Oman. The main destination of Silicone exports from Oman are: Iraq ($37.1k), United Arab Emirates ($29.3k), Philippines ($7.19k), Thailand ($3.31k), and Germany ($1.37k).

The fastest growing export markets for Silicone of Oman between 2021 and 2022 were Iraq ($37.1k), Philippines ($7.19k), and Thailand ($3.31k).

Imports In 2022, Oman imported $6.12M in Silicone, becoming the 75th largest importer of Silicone in the world. At the same year, Silicone was the 490th most imported product in Oman. Oman imports Silicone primarily from: United Arab Emirates ($1.59M), United Kingdom ($1.57M), China ($1.41M), Netherlands ($622k), and India ($506k).

The fastest growing import markets in Silicone for Oman between 2021 and 2022 were China ($583k), India ($350k), and United Arab Emirates ($109k).

Latest Trends

Aug 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 Silicone. 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)$80k
IMPORTS (2022)$6.12M
NET TRADE (2022)-$6.04M

In 2022, Oman exported $80k in Silicone. The main destinations of Oman exports on Silicone were Iraq ($37.1k), United Arab Emirates ($29.3k), Philippines ($7.19k), Thailand ($3.31k), and Germany ($1.37k).

In 2022, Oman imported $6.12M in Silicone, mainly from United Arab Emirates ($1.59M), United Kingdom ($1.57M), China ($1.41M), Netherlands ($622k), and India ($506k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Iraq$37.1k (1%)
Philippines$7.19k (1%)
Thailand$3.31k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Oman WERE (2021 - 2022):
India-$126k (-100%)
Qatar-$25.2k (-100%)
Yemen-$17.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $26.2k
TOP IMPORT POTENTIALChina+ $842k

Silicone’s highest export potential is United Arab Emirates. With an export gap of $26.2k.   Silicone’s highest import potential is China with an import gap of $842k.

See methodology.

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