Nepal (NPL) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Nepal-Oman Trade: In 2022, Nepal exported $15.4k to Oman. The main products that Nepal exported to Oman were Scarves ($6.8k), Computers ($2.49k), and Ball Bearings ($1.84k). Over the past 5 years the exports of Nepal to Oman have decreased at an annualized rate of 21.6%, from $51.8k in 2017 to $15.4k in 2022.

In 2022, Nepal did not export any services to Oman.

Oman-Nepal Trade: In 2022, Oman exported $61.5M to Nepal. The main products that Oman exported to Nepal were Nitrogenous Fertilizers ($58.3M), Gypsum ($2.29M), and Plaster Articles ($307k). Over the past 5 years the exports of Oman to Nepal have increased at an annualized rate of 25.7%, from $3.15M in 2017 to $61.5M in 2022.

In 2022, Oman did not export any services to Nepal.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $15.4k to Oman. The main products exported from Nepal to Oman were Scarves ($6.8k), Computers ($2.49k), and Ball Bearings ($1.84k). During the last 5 years the exports of Nepal to Oman have decreased at an annualized rate of 21.6%, from $51.8k in 2017 to $15.4k in 2022.

In 2017, Oman exported $61.5M to Nepal. The main products exported from Oman to Nepal were Nitrogenous Fertilizers ($58.3M), Gypsum ($2.29M), and Plaster Articles ($307k). During the last 5 years the exports of Oman to Nepal have increased at an annualized rate of 25.7%, from $3.15M in 2022 to $61.5M in 2017.

Exports from Nepal () to Oman () (2022)

Exports from Oman () to Nepal () (2022)

Latest Data

Trade between Nepal () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Nepal than Oman included Bhutan ($3.99M), Austria ($3.43M), and Israel ($488k).

In 2022, countries that imported more from Oman than Nepal included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman () and Nepal () (2022)

Comparative Advantage Nepal - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Oman in the exports of Textiles ($9.15k), Machines ($4.33k), and Miscellaneous ($970).

During 2017, Oman had a large net trade with Nepal in the exports of Chemical Products ($58.4M), Mineral Products ($2.29M), and Stone And Glass ($308k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Oman+$17.6kScarves

Top Product Potential Oman Nepal+$401kPropylene Polymers

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 Nepal and Oman. This means that a dot/product with the flag of Nepal indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Nepal.

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Oman () (2022)

Exports from Oman () to Nepal () (2022)

Latest Data

Trade between Nepal () and Oman ()

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Nepal () (2022)

Comparative Advantage Nepal - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Oman () (2022)

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