Oman (OMN) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Oman-Benin Trade: In 2022, Oman exported $12.7M to Benin. The main products that Oman exported to Benin were Non-fillet Frozen Fish ($12.6M), Other Uncoated Paper ($55k), and Delivery Trucks ($10.7k). Over the past 5 years the exports of Oman to Benin have increased at an annualized rate of 5.16%, from $9.84M in 2017 to $12.7M in 2022.

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

Benin-Oman Trade: In 2022, Benin exported $138k to Oman. The main products that Benin exported to Oman were Other Oily Seeds ($74.9k) and Other Vegetable Residues ($63.4k). Over the past 5 years the exports of Benin to Oman have increased at an annualized rate of 86.5%, from $6.13k in 2017 to $138k in 2022.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $12.7M to Benin. The main products exported from Oman to Benin were Non-fillet Frozen Fish ($12.6M), Other Uncoated Paper ($55k), and Delivery Trucks ($10.7k). During the last 5 years the exports of Oman to Benin have increased at an annualized rate of 5.16%, from $9.84M in 2017 to $12.7M in 2022.

In 2017, Benin exported $138k to Oman. The main products exported from Benin to Oman were Other Oily Seeds ($74.9k) and Other Vegetable Residues ($63.4k). During the last 5 years the exports of Benin to Oman have increased at an annualized rate of 86.5%, from $6.13k in 2022 to $138k in 2017.

Exports from Oman () to Benin () (2022)

Exports from Benin () to Oman () (2022)

Latest Data

Trade between Oman () and Benin ()

Oman Exports

Date

Benin Exports

Date

Feb 2019

May 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Benin
Top DestinationIndia$448M

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

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

In 2022, countries that imported more from Benin than Oman included Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

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

Comparative Advantage Oman - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Benin in the exports of Animal Products ($12.6M), Paper Goods ($55k), and Transportation ($10.7k).

During 2017, Benin had a large net trade with Oman in the exports of Vegetable Products ($74.9k) and Foodstuffs ($63.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Benin+$32.9kDelivery Trucks

Top Product Potential Benin Oman+$85.1kOther Oily Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Benin () (2022)

Exports from Benin () to Oman () (2022)

Latest Data

Trade between Oman () and Benin ()

Oman Exports

Benin Exports

Market Competitiveness

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

Comparative Advantage Oman - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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