2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH
57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 104 / 195

About

Oman-Benin Trade: In 2023, Oman exported $31.2M to Benin. The main products that Oman exported to Benin were Non-fillet Frozen Fish ($31.1M), Used Clothing ($17.8k), and Delivery Trucks ($3.9k). Over the past 5 years the exports of Oman to Benin have increased at an annualized rate of 139%, from $398k in 2018 to $31.2M in 2023.

In 2023, Oman did not export any services to Benin.

Benin-Oman Trade: In 2023, Benin exported $133k to Oman. The main products that Benin exported to Oman were Other Vegetable Residues ($133k). Over the past 5 years the exports of Benin to Oman have increased at an annualized rate of 1.74%,  from $122k in 2018 to $133k in 2023.

In 2023, Benin did not export any services to Oman.

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $31.2M to Benin. The main products exported from Oman to Benin were Non-fillet Frozen Fish ($31.1M), Used Clothing ($17.8k), and Delivery Trucks ($3.9k). During the last 5 years the exports of Oman to Benin have increased at an annualized rate of 139%, from $398k in 2018 to $31.2M in 2023.

In 2018, Benin exported $133k to Oman. The main products exported from Benin to Oman were Other Vegetable Residues ($133k). During the last 5 years the exports of Benin to Oman have increased at an annualized rate of 1.74%, from $122k in 2023 to $133k in 2018.

Exports from Oman (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to Oman (Flag) (2023)

Latest Data

Trade between Oman (Flag) and Benin (Flag)

Oman Exports

Benin Exports

Date

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Benin
Top Destination
United Arab Emirates$803M

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 2023, countries that imported more from Oman than Benin included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Benin than Oman included Bangladesh ($391M), Togo ($53.9M), and Chad ($36.7M).

Difference in imports from Benin (Flag) and Oman (Flag) (2023)

Comparative Advantage Oman - Benin

Flow
Scale

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

During 2023, Oman had a large net trade with Benin in the exports of Animal Products ($31.1M), Textiles ($17.8k), and Transportation ($3.9k).

During 2018, Benin had a large net trade with Oman in the exports of Foodstuffs ($133k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Oman (Flag) and Benin (Flag) (2023)

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