Oman (OMN) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Oman-Belarus Trade: In 2021, Oman exported $589k to Belarus. The main products that Oman exported to Belarus were N/A. Over the past 5 years the exports of Oman to Belarus have increased at an annualized rate of 20.6%, from $231k in 2016 to $589k in 2021.

In 2021, Oman did not export any services to Belarus.

Belarus-Oman Trade: In 2021, Belarus exported $726 to Oman. The main products that Belarus exported to Oman were Other Electrical Machinery ($726). Over the past 5 years the exports of Belarus to Oman have decreased at an annualized rate of 81.7%, from $3.52M in 2016 to $726 in 2021.

In 2014, Belarus exported services to Oman worth $4.1k, with Insurance services ($4.1k) being the largest in terms of value.

Comparison: In 2022, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Oman exported $589k to Belarus. There were not main exports from Oman to Belarus in 2021. During the last 5 years the exports of Oman to Belarus have increased at an annualized rate of 20.6%, from $231k in 2016 to $589k in 2021.

In 2017, Belarus exported $726 to Oman. The main products exported from Belarus to Oman were Other Electrical Machinery ($726). During the last 5 years the exports of Belarus to Oman have decreased at an annualized rate of 81.7%, from $3.52M in 2022 to $726 in 2017.

Exports from Oman () to Belarus () (2022)

Exports from Belarus () to Oman () (2022)

Latest Data

Trade between Oman () and Belarus ()

Oman Exports

Date

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Belarus
Top DestinationChina$1.6B

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

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

In 2022, countries that imported more from Belarus than Oman included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

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

Comparative Advantage Oman - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Oman had a large net trade with Belarus in the exports of .

During 2017, Belarus had a large net trade with Oman in the exports of Machines ($726).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Belarus+$4.1kCrude Petroleum

Top Product Potential Belarus Oman+$3.28kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Belarus () (2022)

Exports from Belarus () to Oman () (2022)

Latest Data

Trade between Oman () and Belarus ()

Oman Exports

Belarus Exports

Market Competitiveness

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

Comparative Advantage Oman - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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