Oman (OMN) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Oman-Brazil Trade: In 2023, Oman exported $719M to Brazil. The main products that Oman exported to Brazil were Nitrogenous Fertilizers ($605M), Refined Petroleum ($76.8M), and Polyacetals ($13M). Over the past 5 years the exports of Oman to Brazil have increased at an annualized rate of 34.9%, from $161M in 2018 to $719M in 2023.

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

Brazil-Oman Trade: In 2023, Brazil exported $1.31B to Oman. The main products that Brazil exported to Oman were Iron Ore ($964M), Poultry Meat ($161M), and Soybeans ($64M). Over the past 5 years the exports of Brazil to Oman have increased at an annualized rate of 16.2%, from $618M in 2018 to $1.31B in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $719M to Brazil. The main products exported from Oman to Brazil were Nitrogenous Fertilizers ($605M), Refined Petroleum ($76.8M), and Polyacetals ($13M). During the last 5 years the exports of Oman to Brazil have increased at an annualized rate of 34.9%, from $161M in 2018 to $719M in 2023.

In 2018, Brazil exported $1.31B to Oman. The main products exported from Brazil to Oman were Iron Ore ($964M), Poultry Meat ($161M), and Soybeans ($64M). During the last 5 years the exports of Brazil to Oman have increased at an annualized rate of 16.2%, from $618M in 2023 to $1.31B in 2018.

Exports from Oman () to Brazil () (2023)

Exports from Brazil () to Oman () (2023)

Latest Data

Trade between Oman () and Brazil ()

Oman Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Oman than Brazil included South Africa ($2.57B), Madagascar ($647M), and Croatia ($562M).

In 2023, countries that imported more from Brazil than Oman included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil () and Oman () (2023)

Comparative Advantage Oman - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Brazil in the exports of Chemical Products ($607M), Mineral Products ($82M), and Plastics and Rubbers ($23.2M).

During 2018, Brazil had a large net trade with Oman in the exports of Mineral Products ($988M), Animal Products ($163M), and Vegetable Products ($85.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Brazil+$93.5MRefined Petroleum

Top Product Potential Brazil Oman+$6.1MCorn

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Brazil () (2023)

Exports from Brazil () to Oman () (2023)

Latest Data

Trade between Oman () and Brazil ()

Oman Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Oman () (2023)

Comparative Advantage Oman - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Brazil () (2023)

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