Oman (OMN) and Bahamas (BHS) Trade | The Observatory of Economic Complexity

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Oman-Bahamas Trade: In 2022, Oman exported $5.51k to Bahamas. The main products that Oman exported to Bahamas were Air Pumps ($3k), Lubricating Products ($1.24k), and Engine Parts ($622). Over the past 8 years the exports of Oman to Bahamas have decreased at an annualized rate of 32.5%, from $128k in 2014 to $5.51k in 2022.

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

Bahamas-Oman Trade: In 2022, Bahamas exported $100k to Oman. The main products that Bahamas exported to Oman were Calculators ($100k) and Letter Stock ($7). Over the past 8 years the exports of Bahamas to Oman have increased at an annualized rate of 14.1%, from $51.9k in 2014 to $100k in 2022.

In 2022, Bahamas 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, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $5.51k to Bahamas. The main products exported from Oman to Bahamas were Air Pumps ($3k), Lubricating Products ($1.24k), and Engine Parts ($622). During the last 8 years the exports of Oman to Bahamas have decreased at an annualized rate of 32.5%, from $128k in 2014 to $5.51k in 2022.

In 2017, Bahamas exported $100k to Oman. The main products exported from Bahamas to Oman were Calculators ($100k) and Letter Stock ($7). During the last 5 years the exports of Bahamas to Oman have increased at an annualized rate of 14.1%, from $51.9k in 2022 to $100k in 2017.

Exports from Oman () to Bahamas () (2022)

Exports from Bahamas () to Oman () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Bahamas
Top DestinationUnited States$1.4B

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

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

In 2022, countries that imported more from Bahamas than Oman included Cote d'Ivoire ($576M), Germany ($255M), and Guatemala ($42.2M).

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

Comparative Advantage Oman - Bahamas

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Bahamas in the exports of Machines ($3.85k), Chemical Products ($1.24k), and Plastics and Rubbers ($377).

During 2017, Bahamas had a large net trade with Oman in the exports of Machines ($100k) and Paper Goods ($7).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Bahamas () (2022)

Exports from Bahamas () to Oman () (2022)

Market Competitiveness

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

Comparative Advantage Oman - Bahamas

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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