India-Oman Trade: In 2023, India exported $3.23B to Oman. The main products that India exported to Oman were Refined Petroleum ($726M), Semi-Finished Iron ($233M), and Rice ($199M). Over the past 5 years the exports of India to Oman have increased at an annualized rate of 16.2%, from $1.52B in 2018 to $3.23B in 2023.
In 2023, India did not export any services to Oman.
Oman-India Trade: In 2023, Oman exported $4.5B to India. The main products that Oman exported to India were Nitrogenous Fertilizers ($843M), Petroleum Gas ($526M), and Refined Petroleum ($472M). Over the past 5 years the exports of Oman to India have increased at an annualized rate of 4.75%, from $3.57B in 2018 to $4.5B in 2023.
In 2023, Oman did not export any services to India.
Comparison: In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).