2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 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
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Oman-Algeria Trade: In 2023, Oman exported $107M to Algeria. The main products that Oman exported to Algeria were Iron Ore ($52M), Polyacetals ($26.9M), and Aluminium Wire ($10.8M). Over the past 5 years the exports of Oman to Algeria have increased at an annualized rate of 63.3%, from $9.25M in 2018 to $107M in 2023.

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

Algeria-Oman Trade: In 2023, Algeria exported $393k to Oman. The main products that Algeria exported to Oman were Liquid Pumps ($89.5k), Chocolate ($68.3k), and Pure Olive Oil ($48.5k). Over the past 5 years the exports of Algeria to Oman have increased at an annualized rate of 47.5%,  from $56.2k in 2018 to $393k in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $107M to Algeria. The main products exported from Oman to Algeria were Iron Ore ($52M), Polyacetals ($26.9M), and Aluminium Wire ($10.8M). During the last 5 years the exports of Oman to Algeria have increased at an annualized rate of 63.3%, from $9.25M in 2018 to $107M in 2023.

In 2018, Algeria exported $393k to Oman. The main products exported from Algeria to Oman were Liquid Pumps ($89.5k), Chocolate ($68.3k), and Pure Olive Oil ($48.5k). During the last 5 years the exports of Algeria to Oman have increased at an annualized rate of 47.5%, from $56.2k in 2023 to $393k in 2018.

Exports from Oman (Flag) to Algeria (Flag) (2023)

Exports from Algeria (Flag) to Oman (Flag) (2023)

Latest Data

Trade between Oman (Flag) and Algeria (Flag)

Oman Exports

Algeria Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Algeria
Top Destination
Italy$15.2B

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 2023, countries that imported more from Oman than Algeria included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Algeria than Oman included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

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

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 2023, Oman had a large net trade with Algeria in the exports of Mineral Products ($53.1M), Plastics and Rubbers ($39.4M), and Metals ($11.4M).

During 2018, Algeria had a large net trade with Oman in the exports of Machines ($129k), Foodstuffs ($68.3k), and Animal and Vegetable Bi-Products ($48.5k).

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) (2023)

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