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2022
Flag → Flag
Exports $76.4MRnk 35 / 171
2022
Flag → Flag
Top Product $75.8MRefined Petroleum
2022
Flag → Flag
Exports $284MRnk 44 / 213
2022
Flag → Flag
Top Product $286MAluminium Oxide
2022
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Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
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$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH8.3%CURRENT US$
Rnk 148 / 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$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Oman-Australia Trade: In 2022, Oman exported $76.4M to Australia. The main products that Oman exported to Australia were Refined Petroleum ($75.8M), Nitrogenous Fertilizers ($59.1M), and Petroleum Coke ($32.1M). Over the past 5 years the exports of Oman to Australia have increased at an annualized rate of 69.9%, from $5.4M in 2017 to $76.4M in 2022.

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

Australia-Oman Trade: In 2022, Australia exported $284M to Oman. The main products that Australia exported to Oman were Aluminium Oxide ($286M), Wheat ($79.6M), and Sheep and Goat Meat ($16.5M). Over the past 5 years the exports of Australia to Oman have increased at an annualized rate of 22.5%,  from $103M in 2017 to $284M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $76.4M to Australia. The main products exported from Oman to Australia were Refined Petroleum ($75.8M), Nitrogenous Fertilizers ($59.1M), and Petroleum Coke ($32.1M). During the last 5 years the exports of Oman to Australia have increased at an annualized rate of 69.9%, from $5.4M in 2017 to $76.4M in 2022.

In 2017, Australia exported $284M to Oman. The main products exported from Australia to Oman were Aluminium Oxide ($286M), Wheat ($79.6M), and Sheep and Goat Meat ($16.5M). During the last 22 years the exports of Australia to Oman have increased at an annualized rate of 22.5%, from $103M in 1995 to $284M in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Australia (Flag)

Oman Exports

Australia Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Oman than Australia included Saudi Arabia ($2.4B), Iran ($539M), and Mauritius ($544M).

In 2022, countries that imported more from Australia than Oman included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Oman - Australia

Flow
Scale

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

During 2022, Oman had a large net trade with Australia in the exports of Mineral Products ($108M), Chemical Products ($60M), and Metals ($24.8M).

During 2017, Australia had a large net trade with Oman in the exports of Chemical Products ($298M), Vegetable Products ($90.2M), and Animal Products ($26.4M).

Economic Complexity

Competitive Landscape

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

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

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