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Pricing

2022
Flag → Flag
Exports $66.8MRnk 98 / 215
2022
Flag → Flag
Top Product $10.9MAircraft Launch Gear
2022
Flag → Flag
Exports $102MRnk 51 / 171
2022
Flag → Flag
Top Product $24.1MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Canada-Oman Trade: In 2022, Canada exported $66.8M to Oman. The main products that Canada exported to Oman were Aircraft Launch Gear ($10.9M), Liquid Pumps ($7.01M), and Packaged Medicaments ($4.47M). Over the past 5 years the exports of Canada to Oman have decreased at an annualized rate of 0.17%, from $67.4M in 2017 to $66.8M in 2022.

In 2020, Canada exported services to Oman worth $7.46M, with Computer and information services ($6.71M) and Royalties and license fees ($746k) being the largest in terms of value.

Oman-Canada Trade: In 2022, Oman exported $102M to Canada. The main products that Oman exported to Canada were Nitrogenous Fertilizers ($24.1M), Raw Plastic Sheeting ($22.5M), and Semi-Finished Iron ($21.5M). Over the past 5 years the exports of Oman to Canada have increased at an annualized rate of 36.9%,  from $21.3M in 2017 to $102M in 2022.

In 2022, Oman did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$9.59M and imported C$5.09M from Oman, resulting in a positive trade balance of C$4.5M. Between August 2023 and August 2024 the exports of Canada have increased by C$2.58M (36.7%) from C$7.01M to C$9.59M, while imports increased by C$1.79M (54%) from C$3.3M to C$5.09M.

Trade In August 2024, the top exports of Canada to Oman were Machinery Having Individual Functions (C$755k), Excavation Machinery (C$749k), Stone Processing Machines (C$600k), Liquid Pumps (C$490k), and Valves (C$478k). In August 2024 the top imports of Canada from Oman were Raw Plastic Sheeting (C$2.92M), Polyacetals (C$1.7M), Nitrogenous Fertilizers (C$1.5M), Iron Structures (C$1.12M), and Baked Goods (C$345k).

Origins In August 2024 the exports of Canada were mainly from Alberta (C$3.42M), Ontario (C$2.84M), Saskatchewan (C$1.85M), Manitoba (C$864k), and Quebec (C$332k), while imports destinations were mainly Quebec (C$3.32M), Manitoba (C$869k), Ontario (C$398k), British Columbia (C$293k), and Alberta (C$207k).

Growth In August 2024, the increase in Canada's year-by-year exports to Oman was explained primarily by an increase in product exports in Excavation Machinery (C$680k or 997%), Machinery Having Individual Functions (C$534k or 242%), and Iron Pipe Fittings (C$154k or 165%). In August 2024, the increase in Canada's year-by-year imports  from Oman was explained primarily by an increase in product imports  in Raw Plastic Sheeting (C$1.59M or 119%), Iron Structures (C$781k or 229%), and Baked Goods (C$265k or 330%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$2.58M(36.7%)
IMPORT GROWTH (August 2023 - August 2024)C$1.79M(54%)
MAIN EXPORTER (August 2024)AlbertaC$3.42M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Oman and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $66.8M to Oman. The main products exported from Canada to Oman were Aircraft Launch Gear ($10.9M), Liquid Pumps ($7.01M), and Packaged Medicaments ($4.47M). During the last 5 years the exports of Canada to Oman have decreased at an annualized rate of 0.17%, from $67.4M in 2017 to $66.8M in 2022.

In 2017, Oman exported $102M to Canada. The main products exported from Oman to Canada were Nitrogenous Fertilizers ($24.1M), Raw Plastic Sheeting ($22.5M), and Semi-Finished Iron ($21.5M). During the last 5 years the exports of Oman to Canada have increased at an annualized rate of 36.9%, from $21.3M in 2022 to $102M in 2017.

Exports from Canada (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Canada than Oman included United States ($438B), United Kingdom ($12.9B), and Japan ($14.3B).

In 2022, countries that imported more from Oman than Canada included China ($30.4B), India ($8.15B), and Saudi Arabia ($2.4B).

Difference in imports from Oman (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Oman

Flow
Scale

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

During 2022, Canada had a large net trade with Oman in the exports of Machines ($30.4M), Transportation ($13.8M), and Chemical Products ($8.91M).

During 2017, Oman had a large net trade with Canada in the exports of Plastics and Rubbers ($40.2M), Metals ($31.3M), and Chemical Products ($25.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Oman+$5.86MCars
Top Product Potential Oman Canada+$13.6MNitrogenous Fertilizers

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

Product Space of Canada (Flag) and Oman (Flag) (2022)

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