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2022
Flag → Flag
Exports $437MRnk 68 / 224
2022
Flag → Flag
Top Product $76.1MGas Turbines
2022
Flag → Flag
Exports $259MRnk 30 / 171
2022
Flag → Flag
Top Product $119MSpark-Ignition Engines
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

United Kingdom-Oman Trade: In 2022, United Kingdom exported $437M to Oman. The main products that United Kingdom exported to Oman were Gas Turbines ($76.1M), Cars ($45.7M), and Packaged Medicaments ($20.9M). Over the past 5 years the exports of United Kingdom to Oman have decreased at an annualized rate of 27.7%, from $2.21B in 2017 to $437M in 2022.

In 2022, United Kingdom did not export any services to Oman.

Oman-United Kingdom Trade: In 2022, Oman exported $259M to United Kingdom. The main products that Oman exported to United Kingdom were Spark-Ignition Engines ($119M), Raw Plastic Sheeting ($19M), and Refined Petroleum ($16.4M). Over the past 5 years the exports of Oman to United Kingdom have increased at an annualized rate of 15.4%,  from $126M in 2017 to $259M in 2022.

In 2022, Oman did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). 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, United Kingdom exported £29.2M and imported £22.1M from Oman, resulting in a positive trade balance of £7.08M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-1.32M (-4.32%) from £30.5M to £29.2M, while imports increased by £9.96M (82.2%) from £12.1M to £22.1M.

Trade In August 2024, the top exports of United Kingdom to Oman were Gas Turbines (£21.9M), Air Pumps (£1.84M), Cars (£1.71M), Insulated Wire (£1.59M), and Gas and Liquid Flow Measuring Instruments (£1.22M). In August 2024 the top imports of United Kingdom from Oman were Gas Turbines (£14.8M), Packaged Medicaments (£1.42M), Motor vehicles; parts and accessories (8701... (£902k), Compasses (£716k), and Broadcasting Equipment (£552k).

Origins In August 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£11.5M), Manchester Airport (£5.35M), Southampton (£3.25M), London Gateway (£2.48M), and East Midlands Airport (£1.4M), while imports destinations were mainly Prestwick Airport (£14.4M), London Heathrow Airport (£4.25M), Felixstowe (£1.55M), Birmingham Airport (£687k), and Southampton (£322k).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Oman was explained primarily by an decrease in product exports in Gas Turbines (£-6.63M or -23.2%), Packaged Medicaments (£-1.43M or -68.6%), and Electrical Ignitions (£-1.03M or -92.9%). In August 2024, the increase in United Kingdom's year-by-year imports  from Oman was explained primarily by an increase in product imports  in Packaged Medicaments (£1.06M or 290%), Compasses (£560k or 359%), and Broadcasting Equipment (£535k or 3.04k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-1.32M(-4.32%)
IMPORT GROWTH (August 2023 - August 2024)£9.96M(82.2%)
MAIN EXPORTER (August 2024)London Heathrow Airport£11.5M

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

To check Oman and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Oman and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $437M to Oman. The main products exported from United Kingdom to Oman were Gas Turbines ($76.1M), Cars ($45.7M), and Packaged Medicaments ($20.9M). During the last 5 years the exports of United Kingdom to Oman have decreased at an annualized rate of 27.7%, from $2.21B in 2017 to $437M in 2022.

In 2017, Oman exported $259M to United Kingdom. The main products exported from Oman to United Kingdom were Spark-Ignition Engines ($119M), Raw Plastic Sheeting ($19M), and Refined Petroleum ($16.4M). During the last 5 years the exports of Oman to United Kingdom have increased at an annualized rate of 15.4%, from $126M in 2022 to $259M in 2017.

Exports from United Kingdom (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from United Kingdom than Oman included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Oman than United Kingdom included India ($8.15B), Chinese Taipei ($2.69B), and Iran ($539M).

Difference in imports from Oman (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Oman

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Oman in the exports of Machines ($216M), Transportation ($61.8M), and Chemical Products ($41.3M).

During 2017, Oman had a large net trade with United Kingdom in the exports of Machines ($146M), Plastics and Rubbers ($28.1M), and Transportation ($20.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Oman+$32.8MCars
Top Product Potential Oman United Kingdom+$49.7MRefined 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 Kingdom and Oman. This means that a dot/product with the flag of United Kingdom 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 Kingdom.

Product Space of United Kingdom (Flag) and Oman (Flag) (2022)

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