2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Oman-Algeria Trade: In 2022, Oman exported $181M to Algeria. The main products that Oman exported to Algeria were Iron Ore ($86.2M), Polyacetals ($54.1M), and Aluminium Wire ($11.2M). Over the past 5 years the exports of Oman to Algeria have increased at an annualized rate of 17.3%, from $81.5M in 2017 to $181M in 2022.

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

Algeria-Oman Trade: In 2022, Algeria exported $28.5M to Oman. The main products that Algeria exported to Oman were Refined Petroleum ($23.3M), Petroleum Gas ($4.89M), and Acrylic Polymers ($95.9k). Over the past 5 years the exports of Algeria to Oman have increased at an annualized rate of 70.3%,  from $404k in 2017 to $28.5M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $181M to Algeria. The main products exported from Oman to Algeria were Iron Ore ($86.2M), Polyacetals ($54.1M), and Aluminium Wire ($11.2M). During the last 5 years the exports of Oman to Algeria have increased at an annualized rate of 17.3%, from $81.5M in 2017 to $181M in 2022.

In 2017, Algeria exported $28.5M to Oman. The main products exported from Algeria to Oman were Refined Petroleum ($23.3M), Petroleum Gas ($4.89M), and Acrylic Polymers ($95.9k). During the last 5 years the exports of Algeria to Oman have increased at an annualized rate of 70.3%, from $404k in 2022 to $28.5M in 2017.

Exports from Oman (Flag) to Algeria (Flag) (2022)

Exports from Algeria (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Algeria (Flag)

Oman Exports

Algeria Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Oman than Algeria included China ($30.4B), India ($8.15B), and United Arab Emirates ($3.13B).

In 2022, countries that imported more from Algeria than Oman included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

Difference in imports from Algeria (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Algeria

Flow
Scale

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

During 2022, Oman had a large net trade with Algeria in the exports of Mineral Products ($86.7M), Plastics and Rubbers ($66.2M), and Metals ($25.1M).

During 2017, Algeria had a large net trade with Oman in the exports of Mineral Products ($28.2M), Plastics and Rubbers ($128k), and Chemical Products ($107k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Algeria+$3.2MEthylene Polymers
Top Product Potential Algeria Oman+$28.9MRefined 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

This visualization shows the product space at the HS4 level with the flags of Oman and Algeria. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and Algeria (Flag) (2022)

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