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2022
Flag → Flag
Exports $242kRnk 144 / 171
2022
Flag → Flag
Top Product $142kPolyacetals
2022
Flag → Flag
Exports $27.6kRnk 105 / 129
2022
Flag → Flag
Top Product $12.1kFuel Wood
2022
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Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
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GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
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 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
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GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
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GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Oman-Armenia In 2022, Oman exported $242k to Armenia. The main products that Oman exported to Armenia are Polyacetals ($142k), Building Stone ($64.4k), and Delivery Trucks ($20.2k). During the last 27 years the exports of Oman to Armenia have decreased at an annualized rate of 1.01%, from $318k in 1995 to $242k in 2022.

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

Armenia-Oman In 2022, Armenia exported $27.6k to Oman. The main products that Armenia exported to Oman were Fuel Wood ($12.1k), Other Fruits ($10.5k), and Knit Women's Suits ($4.98k). During the last 27 years the exports of Armenia to Oman have decreased at an annualized rate of 1.65%, from $43.2k in 1995 to $27.6k in 2022.

In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $242k to Armenia. The main products exported from Oman to Armenia were Polyacetals ($142k), Building Stone ($64.4k), and Delivery Trucks ($20.2k). During the last 27 years the exports of Oman to Armenia have decreased at an annualized rate of 1.01%, from $318k in 1995 to $242k in 2022.

In 2022, Armenia exported $27.6k to Oman. The main products exported from Armenia to Oman were Fuel Wood ($12.1k), Other Fruits ($10.5k), and Knit Women's Suits ($4.98k). During the last 27 years the exports of Armenia to Oman have decreased at an annualized rate of 1.65%, from $43.2k in 1995 to $27.6k in 2022.

Exports from Oman (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Armenia (Flag)

Oman Exports

Armenia Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Armenia
Top DestinationRussia$2.36B

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

In 2021, countries that imported more from Oman than Armenia were China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2021, countries that imported more from Armenia than Oman were Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

Difference in imports from Armenia (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Armenia

Flow
Scale

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

During 2022, Oman had a large net trade with Armenia in the exports of Plastics and Rubbers ($142k), Stone And Glass ($64.4k), and Transportation ($20.2k).

During 2022, Armenia had a large net trade with Oman in the exports of Wood Products ($12.1k), Vegetable Products ($10.5k), and Textiles ($4.98k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Oman has comparative advantage over Armenia. Similarly, the more yellow a dot/product is, the more Armenia has comparative advantage over Oman.

Product Space of Oman (Flag) and Armenia (Flag) (2022)

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