Oman (OMN) and Albania (ALB) Trade | The Observatory of Economic Complexity

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Oman-Albania Trade: In 2022, Oman exported $11.9M to Albania. The main products that Oman exported to Albania were Raw Aluminium ($10.1M), Polyacetals ($1.7M), and Cars ($50.4k). Over the past 5 years the exports of Oman to Albania have increased at an annualized rate of 133%, from $173k in 2017 to $11.9M in 2022.

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

Albania-Oman Trade: In 2022, Albania exported $280k to Oman. The main products that Albania exported to Oman were Iron Cloth ($255k), Seats ($21.5k), and Self-adhesive Plastics ($3.75k). Over the past 5 years the exports of Albania to Oman have increased at an annualized rate of 16.5%, from $131k in 2017 to $280k in 2022.

In 2022, Albania 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, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $11.9M to Albania. The main products exported from Oman to Albania were Raw Aluminium ($10.1M), Polyacetals ($1.7M), and Cars ($50.4k). During the last 5 years the exports of Oman to Albania have increased at an annualized rate of 133%, from $173k in 2017 to $11.9M in 2022.

In 2017, Albania exported $280k to Oman. The main products exported from Albania to Oman were Iron Cloth ($255k), Seats ($21.5k), and Self-adhesive Plastics ($3.75k). During the last 5 years the exports of Albania to Oman have increased at an annualized rate of 16.5%, from $131k in 2022 to $280k in 2017.

Exports from Oman () to Albania () (2022)

Exports from Albania () to Oman () (2022)

Latest Data

Trade between Oman () and Albania ()

Oman Exports

Date

Albania Exports

Date

Sep 2012

Aug 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Albania
Top DestinationItaly$1.75B

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

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

In 2022, countries that imported more from Albania than Oman included Italy ($1.75B), Greece ($421M), and North Macedonia ($101M).

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

Comparative Advantage Oman - Albania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Albania in the exports of Metals ($10.1M), Plastics and Rubbers ($1.7M), and Transportation ($50.4k).

During 2017, Albania had a large net trade with Oman in the exports of Metals ($255k), Miscellaneous ($21.5k), and Plastics and Rubbers ($3.75k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Albania+$212kPolyacetals

Top Product Potential Albania Oman+$46.1kSeats

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Albania () (2022)

Exports from Albania () to Oman () (2022)

Latest Data

Trade between Oman () and Albania ()

Oman Exports

Albania Exports

Market Competitiveness

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

Comparative Advantage Oman - Albania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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