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Pricing

2023
Flag → Flag
Exports $117MRnk 59 / 168
2023
Flag → Flag
Top Product $43.9MSoybean Meal
2023
Flag → Flag
Exports $16.1MRnk 86 / 171
2023
Flag → Flag
Top Product $12MNitrogenous Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132

About

Argentina-Oman Trade: In 2023, Argentina exported $117M to Oman. The main products that Argentina exported to Oman were Soybean Meal ($43.9M), Corn ($38.4M), and Seed Oils ($14.7M). Over the past 5 years the exports of Argentina to Oman have increased at an annualized rate of 14.9%, from $58.6M in 2018 to $117M in 2023.

In 2023, Argentina did not export any services to Oman.

Oman-Argentina Trade: In 2023, Oman exported $16.1M to Argentina. The main products that Oman exported to Argentina were Nitrogenous Fertilizers ($12M), Polyacetals ($2.56M), and Butter ($651k). Over the past 5 years the exports of Oman to Argentina have decreased at an annualized rate of 7.72%,  from $153M in 2018 to $16.1M in 2023.

In 2023, Oman did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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, Argentina exported $117M to Oman. The main products exported from Argentina to Oman were Soybean Meal ($43.9M), Corn ($38.4M), and Seed Oils ($14.7M). During the last 5 years the exports of Argentina to Oman have increased at an annualized rate of 14.9%, from $58.6M in 2018 to $117M in 2023.

In 2018, Oman exported $16.1M to Argentina. The main products exported from Oman to Argentina were Nitrogenous Fertilizers ($12M), Polyacetals ($2.56M), and Butter ($651k). During the last 5 years the exports of Oman to Argentina have decreased at an annualized rate of 7.72%, from $153M in 2023 to $16.1M in 2018.

Latest Data

Argentina Exports

Oman Exports

Comparative Advantage Argentina - Oman

Flow
Scale

This chart compares trade between Argentina and Oman by product, considering products traded by both, Argentina and Oman.

During 2023, Argentina had a large net trade with Oman in the exports of Foodstuffs ($47.2M), Vegetable Products ($40.1M), and Animal and Vegetable Bi-Products ($22.2M).

During 2018, Oman had a large net trade with Argentina in the exports of Chemical Products ($12M), Plastics and Rubbers ($2.81M), and Animal Products ($651k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Oman+$4.57MWheat
Top Product Potential Oman Argentina+$2.47MPolyacetals

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 Argentina and Oman. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Oman (Flag) (2023)

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