2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 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

Ireland-Oman Trade: In 2023, Ireland exported $82.7M to Oman. The main products that Ireland exported to Oman were Scented Mixtures ($28.8M), Gas Turbines ($19.4M), and Malt Extract ($14.7M). Over the past 5 years the exports of Ireland to Oman have increased at an annualized rate of 5.19%, from $64.2M in 2018 to $82.7M in 2023.

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

Oman-Ireland Trade: In 2023, Oman exported $5.34M to Ireland. The main products that Oman exported to Ireland were Raw Plastic Sheeting ($4.01M), Excavation Machinery ($194k), and Iron Nails ($149k). Over the past 5 years the exports of Oman to Ireland have increased at an annualized rate of 0.86%,  from $5.12M in 2018 to $5.34M in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). 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, Ireland exported $82.7M to Oman. The main products exported from Ireland to Oman were Scented Mixtures ($28.8M), Gas Turbines ($19.4M), and Malt Extract ($14.7M). During the last 5 years the exports of Ireland to Oman have increased at an annualized rate of 5.19%, from $64.2M in 2018 to $82.7M in 2023.

In 2018, Oman exported $5.34M to Ireland. The main products exported from Oman to Ireland were Raw Plastic Sheeting ($4.01M), Excavation Machinery ($194k), and Iron Nails ($149k). During the last 5 years the exports of Oman to Ireland have increased at an annualized rate of 0.86%, from $5.12M in 2023 to $5.34M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Ireland than Oman included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - Oman

Flow
Scale

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

During 2023, Ireland had a large net trade with Oman in the exports of Chemical Products ($37.6M), Machines ($21.2M), and Foodstuffs ($17M).

During 2018, Oman had a large net trade with Ireland in the exports of Plastics and Rubbers ($4.02M), Machines ($565k), and Metals ($367k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Oman+$8.32MPackaged Medicaments
Top Product Potential Oman Ireland+$2.05MRaw Plastic Sheeting

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with