Oman (OMN) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Oman-Angola Trade: In 2022, Oman exported $6.07M to Angola. The main products that Oman exported to Angola were Bitumen and asphalt ($2.11M), Ethylene Polymers ($1.86M), and Propylene Polymers ($939k). Over the past 5 years the exports of Oman to Angola have decreased at an annualized rate of 21.9%, from $20.9M in 2017 to $6.07M in 2022.

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

Angola-Oman Trade: In 2022, Angola exported $18k to Oman. The main products that Angola exported to Oman were Transmissions ($18k). Over the past 5 years the exports of Angola to Oman have decreased at an annualized rate of 37.7%, from $192k in 2017 to $18k in 2022.

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

Comparison: In 2022, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $6.07M to Angola. The main products exported from Oman to Angola were Bitumen and asphalt ($2.11M), Ethylene Polymers ($1.86M), and Propylene Polymers ($939k). During the last 5 years the exports of Oman to Angola have decreased at an annualized rate of 21.9%, from $20.9M in 2017 to $6.07M in 2022.

In 2017, Angola exported $18k to Oman. The main products exported from Angola to Oman were Transmissions ($18k). During the last 5 years the exports of Angola to Oman have decreased at an annualized rate of 37.7%, from $192k in 2022 to $18k in 2017.

Exports from Oman () to Angola () (2022)

Exports from Angola () to Oman () (2022)

Latest Data

Trade between Oman () and Angola ()

Oman Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Angola
Top DestinationChina$21.8B

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

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

In 2022, countries that imported more from Angola than Oman included Netherlands ($3.91B), France ($3.8B), and Spain ($1.99B).

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

Comparative Advantage Oman - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Angola in the exports of Plastics and Rubbers ($2.95M), Mineral Products ($2.19M), and Animal Products ($522k).

During 2017, Angola had a large net trade with Oman in the exports of Machines ($18k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Angola+$855kEthylene Polymers

Top Product Potential Angola Oman+$5.28kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Angola () (2022)

Exports from Angola () to Oman () (2022)

Latest Data

Trade between Oman () and Angola ()

Oman Exports

Angola Exports

Market Competitiveness

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

Comparative Advantage Oman - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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