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2023
Flag → Flag
Exports $10.1BRnk 11 / 216
2023
Flag → Flag
Top Product $769MRefined Petroleum
2023
Flag → Flag
Exports $3.49BRnk 4 / 171
2023
Flag → Flag
Top Product $506MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$21,550CURRENT US$
Rnk 62 / 196
2013-2023
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GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

United Arab Emirates-Oman Trade: In 2023, United Arab Emirates exported $10.1B to Oman. The main products that United Arab Emirates exported to Oman were Refined Petroleum ($769M), Gold ($676M), and Broadcasting Equipment ($582M). Over the past 5 years the exports of United Arab Emirates to Oman have decreased at an annualized rate of 3.11%, from $11.9B in 2018 to $10.1B in 2023.

In 2023, United Arab Emirates did not export any services to Oman.

Oman-United Arab Emirates Trade: In 2023, Oman exported $3.49B to United Arab Emirates. The main products that Oman exported to United Arab Emirates were Refined Petroleum ($506M), Raw Iron Bars ($334M), and Iron Ore ($270M). Over the past 5 years the exports of Oman to United Arab Emirates have increased at an annualized rate of 5.14%,  from $2.72B in 2018 to $3.49B in 2023.

In 2023, Oman did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $10.1B to Oman. The main products exported from United Arab Emirates to Oman were Refined Petroleum ($769M), Gold ($676M), and Broadcasting Equipment ($582M). During the last 5 years the exports of United Arab Emirates to Oman have decreased at an annualized rate of 3.11%, from $11.9B in 2018 to $10.1B in 2023.

In 2018, Oman exported $3.49B to United Arab Emirates. The main products exported from Oman to United Arab Emirates were Refined Petroleum ($506M), Raw Iron Bars ($334M), and Iron Ore ($270M). During the last 5 years the exports of Oman to United Arab Emirates have increased at an annualized rate of 5.14%, from $2.72B in 2023 to $3.49B in 2018.

Exports from United Arab Emirates (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Oman (Flag)

United Arab Emirates Exports

Oman Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Oman
Top DestinationChina$30.2B

This map shows whether countries import more from United Arab Emirates or Oman. Each country is colored based on the difference in imports they receive from United Arab Emirates and Oman or the difference in the growth in imports.

In 2023, countries that imported more from United Arab Emirates than Oman included Japan ($37.4B), India ($38.2B), and Iraq ($22.6B).

In 2023, countries that imported more from Oman than United Arab Emirates included Croatia ($562M), Madagascar ($647M), and Slovakia ($103M).

Difference in imports from Oman (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Oman

Flow
Scale

This chart compares trade between United Arab Emirates and Oman by product, considering products traded by both, United Arab Emirates and Oman.

During 2023, United Arab Emirates had a large net trade with Oman in the exports of Machines ($2.17B), Metals ($1.36B), and Mineral Products ($931M).

During 2018, Oman had a large net trade with United Arab Emirates in the exports of Mineral Products ($871M), Metals ($803M), and Transportation ($315M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Oman+$301MRefined Petroleum
Top Product Potential Oman United Arab Emirates+$160MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Oman. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Oman (Flag) (2023)

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