2023
Exports
$24.1MWorld Rnk 108 / 223
Flag Rnk 17 / 21
2023
PRODUCT COMPLEXITY IN Wood Products
0.31Rnk 454 / 1025
2023
Imports
$220MWorld Rnk 69 / 226
Flag Rnk 17 / 21
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $24.1M in Wood Products, making it the 108th largest exporter of Wood Products in the world. At the same year, Wood Products was the 17th most exported product in Oman. The main destination of Wood Products exports from Oman are: Somalia ($9.2M), United Arab Emirates ($5.99M), Iran ($2.38M), Yemen ($2.1M), and Djibouti ($1.31M).

The fastest growing export markets for Wood Products of Oman between 2022 and 2023 were Yemen ($1.44M), Djibouti ($1.31M), and United Arab Emirates ($1.23M).

Imports In 2023, Oman imported $220M in Wood Products, becoming the 69th largest importer of Wood Products in the world. At the same year, Wood Products was the 17th most imported product in Oman. Oman imports Wood Products primarily from: United Arab Emirates ($78.7M), China ($38.8M), Malaysia ($20.8M), Germany ($8.14M), and India ($5.85M).

The fastest growing import markets in Wood Products for Oman between 2022 and 2023 were Sweden ($2.75M), Finland ($1.99M), and Austria ($1.85M).

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 Wood Products. 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)$24.1M
IMPORTS (2023)$220M
NET TRADE (2023)-$196M

In 2023, Oman exported $24.1M in Wood Products. The main destinations of Oman exports on Wood Products were Somalia ($9.2M), United Arab Emirates ($5.99M), Iran ($2.38M), Yemen ($2.1M), and Djibouti ($1.31M).

In 2023, Oman imported $220M in Wood Products, mainly from United Arab Emirates ($78.7M), China ($38.8M), Malaysia ($20.8M), Germany ($8.14M), and India ($5.85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Yemen$1.44M (218%)
Djibouti$1.31M (19.3k%)
United Arab Emirates$1.23M (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Oman WERE (2022 - 2023):
Somalia-$1.01M (-9.86%)
Qatar-$334k (-63.5%)
Belgium-$230k (-99.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Wood Products were:
China $15.6B
Canada $13.6B
Germany $10.8B
In 2023, Oman's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $990k
TOP IMPORT POTENTIALChina+ $5.7M

Wood Products’s highest export potential is United Arab Emirates. With an export gap of $990k.   Wood Products’s highest import potential is China with an import gap of $5.7M.

See methodology.

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