2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Germany-Oman Trade: In 2023, Germany exported $771M to Oman. The main products that Germany exported to Oman were Cars ($110M), Gas Turbines ($62.5M), and Planes, Helicopters, and/or Spacecraft ($48.9M). Over the past 5 years the exports of Germany to Oman have increased at an annualized rate of 0.39%, from $756M in 2018 to $771M in 2023.

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

Oman-Germany Trade: In 2023, Oman exported $572M to Germany. The main products that Oman exported to Germany were Crude Petroleum ($320M), Refined Petroleum ($149M), and Raw Aluminium ($25M). Over the past 5 years the exports of Oman to Germany have increased at an annualized rate of 54.9%,  from $64.1M in 2018 to $572M in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). 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, Germany exported $771M to Oman. The main products exported from Germany to Oman were Cars ($110M), Gas Turbines ($62.5M), and Planes, Helicopters, and/or Spacecraft ($48.9M). During the last 5 years the exports of Germany to Oman have increased at an annualized rate of 0.39%, from $756M in 2018 to $771M in 2023.

In 2018, Oman exported $572M to Germany. The main products exported from Oman to Germany were Crude Petroleum ($320M), Refined Petroleum ($149M), and Raw Aluminium ($25M). During the last 5 years the exports of Oman to Germany have increased at an annualized rate of 54.9%, from $64.1M in 2023 to $572M in 2018.

Exports from Germany (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Germany than Oman included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Oman than Germany included Madagascar ($647M), Maldives ($529M), and Yemen ($366M).

Difference in imports from Oman (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Oman

Flow
Scale

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

During 2023, Germany had a large net trade with Oman in the exports of Machines ($281M), Transportation ($205M), and Chemical Products ($64.1M).

During 2018, Oman had a large net trade with Germany in the exports of Mineral Products ($470M), Metals ($42.6M), and Chemical Products ($23.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Oman+$74.7MCars
Top Product Potential Oman Germany+$32.6MRefined 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 Germany and Oman. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Germany.

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

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