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2023
Flag → Flag
Exports $23.5MRnk 79 / 171
2023
Flag → Flag
Top Product $6.36MOther Plastic Products
2023
Flag → Flag
Exports $113MRnk 68 / 217
2023
Flag → Flag
Top Product $35.9MConcentrated Milk
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 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$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Oman-Denmark Trade: In 2023, Oman exported $23.5M to Denmark. The main products that Oman exported to Denmark were Other Plastic Products ($6.36M), Raw Plastic Sheeting ($4.36M), and Concentrated Milk ($2.66M). Over the past 5 years the exports of Oman to Denmark have increased at an annualized rate of 24.3%, from $7.92M in 2018 to $23.5M in 2023.

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

Denmark-Oman Trade: In 2023, Denmark exported $113M to Oman. The main products that Denmark exported to Oman were Concentrated Milk ($35.9M), Refined Petroleum ($23.8M), and Cheese ($12.2M). Over the past 5 years the exports of Denmark to Oman have increased at an annualized rate of 0.032%,  from $113M in 2018 to $113M in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Latest Data

Trade between Oman (Flag) and Denmark (Flag)

Oman Exports

Denmark Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.2B
Denmark
Top DestinationGermany$14.8B

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

In 2023, countries that imported more from Oman than Denmark included China ($30.2B), India ($4.5B), and United Arab Emirates ($3.49B).

In 2023, countries that imported more from Denmark than Oman included Germany ($14.8B), Sweden ($11.2B), and United States ($12B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Denmark+$16.5MRefined Petroleum
Top Product Potential Denmark Oman+$2.01MPackaged Medicaments

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

Product Space of Oman (Flag) and Denmark (Flag) (NaN)

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