Greece (GRC) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Greece-Oman Trade: In 2023, Greece exported $156M to Oman. The main products that Greece exported to Oman were Refined Petroleum ($145M), Nitrogen Heterocyclic Compounds ($1.28M), and Other Oily Seeds ($1.18M). Over the past 5 years the exports of Greece to Oman have increased at an annualized rate of 59.4%, from $15.2M in 2018 to $156M in 2023.

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

Oman-Greece Trade: In 2023, Oman exported $37.9M to Greece. The main products that Oman exported to Greece were Raw Aluminium ($14.7M), Scrap Aluminium ($5.84M), and Recreational Boats ($4.05M). Over the past 5 years the exports of Oman to Greece have increased at an annualized rate of 0.47%, from $37M in 2018 to $37.9M in 2023.

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

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Greece exported $156M to Oman. The main products exported from Greece to Oman were Refined Petroleum ($145M), Nitrogen Heterocyclic Compounds ($1.28M), and Other Oily Seeds ($1.18M). During the last 5 years the exports of Greece to Oman have increased at an annualized rate of 59.4%, from $15.2M in 2018 to $156M in 2023.

In 2018, Oman exported $37.9M to Greece. The main products exported from Oman to Greece were Raw Aluminium ($14.7M), Scrap Aluminium ($5.84M), and Recreational Boats ($4.05M). During the last 5 years the exports of Oman to Greece have increased at an annualized rate of 0.47%, from $37M in 2023 to $37.9M in 2018.

Exports from Greece () to Oman () (2023)

Exports from Oman () to Greece () (2023)

Latest Data

Trade between Greece () and Oman ()

Greece Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Greece than Oman included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

In 2023, countries that imported more from Oman than Greece included China ($30.2B), India ($4.5B), and United Arab Emirates ($3.49B).

Difference in imports from Oman () and Greece () (2023)

Comparative Advantage Greece - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Oman in the exports of Mineral Products ($145M), Chemical Products ($3.83M), and Machines ($1.74M).

During 2018, Oman had a large net trade with Greece in the exports of Metals ($20.7M), Plastics and Rubbers ($6.95M), and Transportation ($4.05M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Oman+$1.4MPackaged Medicaments

Top Product Potential Oman Greece+$38MPetroleum Gas

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

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Oman. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Oman () (2023)

Exports from Oman () to Greece () (2023)

Latest Data

Trade between Greece () and Oman ()

Greece Exports

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Greece () (2023)

Comparative Advantage Greece - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Oman () (2023)

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