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Pricing

2022
Flag → Flag
Exports $10.8MRnk 86 / 185
2022
Flag → Flag
Top Product $8.63MSawn Wood
2022
Flag → Flag
Exports $18.5MRnk 77 / 171
2022
Flag → Flag
Top Product $8.81MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Chile-Oman Trade: In 2022, Chile exported $10.8M to Oman. The main products that Chile exported to Oman were Sawn Wood ($8.63M), Wood Fiberboard ($1.01M), and Forage Crops ($312k). Over the past 5 years the exports of Chile to Oman have decreased at an annualized rate of 22.7%, from $39.3M in 2017 to $10.8M in 2022.

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

Oman-Chile Trade: In 2022, Oman exported $18.5M to Chile. The main products that Oman exported to Chile were Nitrogenous Fertilizers ($8.81M), Fish oil ($6.7M), and Raw Plastic Sheeting ($1.57M). Over the past 5 years the exports of Oman to Chile have increased at an annualized rate of 51.7%,  from $2.3M in 2017 to $18.5M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $770k and imported $327k from Oman, resulting in a positive trade balance of $443k. Between August 2023 and August 2024 the exports of Chile have increased by $258k (50.4%) from $512k to $770k, while imports decreased by $-248k (-43.1%) from $575k to $327k.

Trade In August 2024, the top exports of Chile to Oman were Sawn Wood ($236k). In August 2024 the top imports of Chile from Oman were Fish oil ($116k).

Origins In August 2024 the exports of Chile were mainly from Santiago ($768k) and Pudahuel ($1.73k), while imports destinations were mainly N/A.

Growth In August 2024, the increase in Chile's year-by-year exports to Oman was explained primarily by an increase in product exports in . In March 2024, the decrease in Chile's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$258k(50.4%)
IMPORT GROWTH (March 2023 - March 2024)$-248k(-43.1%)
MAIN EXPORTER (August 2024)Santiago$768k

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

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

For full datasets download visit Bulk Download page.

Explore Oman and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $10.8M to Oman. The main products exported from Chile to Oman were Sawn Wood ($8.63M), Wood Fiberboard ($1.01M), and Forage Crops ($312k). During the last 5 years the exports of Chile to Oman have decreased at an annualized rate of 22.7%, from $39.3M in 2017 to $10.8M in 2022.

In 2017, Oman exported $18.5M to Chile. The main products exported from Oman to Chile were Nitrogenous Fertilizers ($8.81M), Fish oil ($6.7M), and Raw Plastic Sheeting ($1.57M). During the last 5 years the exports of Oman to Chile have increased at an annualized rate of 51.7%, from $2.3M in 2022 to $18.5M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Chile than Oman included United States ($13.9B), China ($38.5B), and Japan ($7.43B).

In 2022, countries that imported more from Oman than Chile included India ($8.15B), United Arab Emirates ($3.13B), and Saudi Arabia ($2.4B).

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

Comparative Advantage Chile - Oman

Flow
Scale

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

During 2022, Chile had a large net trade with Oman in the exports of Wood Products ($9.64M), Vegetable Products ($555k), and Animal Products ($416k).

During 2017, Oman had a large net trade with Chile in the exports of Chemical Products ($9.08M), Animal and Vegetable Bi-Products ($6.7M), and Plastics and Rubbers ($1.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Oman+$500kWood Fiberboard
Top Product Potential Oman Chile+$4.32MNitrogenous 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 Chile and Oman. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Chile.

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

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