2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 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

Israel-Oman Trade: In 2018, Israel exported $6k to Oman. The main products that Israel exported to Oman were N/A. Over the past 9 years the exports of Israel to Oman have decreased at an annualized rate of 36.8%, from $371k in 2009 to $6k in 2018.

In 2018, Israel did not export any services to Oman.

Oman-Israel Trade: In 2018, Oman exported $8k to Israel. The main products that Oman exported to Israel were N/A. Over the past 9 years the exports of Oman to Israel have increased at an annualized rate of 8.52%,  from $3k in 2009 to $8k in 2018.

In 2018, Oman did not export any services to Israel.

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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
Value

In 2018, Israel exported $6k to Oman. There were not main exports from Israel to Oman in 2018. During the last 9 years the exports of Israel to Oman have decreased at an annualized rate of 36.8%, from $371k in 2009 to $6k in 2018.

In 2008, Oman exported $8k to Israel. There were not main exports from Oman to Israel in 2008. During the last 5 years the exports of Oman to Israel have increased at an annualized rate of 8.52%, from $3k in 2013 to $8k in 2008.

Exports from Israel (Flag) to Oman (Flag) (2018)

Exports from Oman (Flag) to Israel (Flag) (2018)

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Israel than Oman included United States ($20.3B), Ireland ($4.22B), and Hong Kong ($2.46B).

In 2023, countries that imported more from Oman than Israel included China ($30.2B), Saudi Arabia ($3.64B), and United Arab Emirates ($3.49B).

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

Comparative Advantage Israel - Oman

Flow
Scale

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

During 2018, Israel had a large net trade with Oman in the exports of .

During 2008, Oman had a large net trade with Israel in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Oman+$5.94kRefined Petroleum
Top Product Potential Oman Israel+$8.56kCrude 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 Israel and Oman. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Israel.

Product Space of Israel (Flag) and Oman (Flag) (2018)

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