Oman (OMN) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Oman-Egypt Trade: In 2023, Oman exported $985M to Egypt. The main products that Oman exported to Egypt were Iron Ore ($512M), Refined Petroleum ($309M), and Non-fillet Frozen Fish ($35.6M). Over the past 5 years the exports of Oman to Egypt have increased at an annualized rate of 37.8%, from $198M in 2018 to $985M in 2023.

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

Egypt-Oman Trade: In 2023, Egypt exported $328M to Oman. The main products that Egypt exported to Oman were Citrus ($34.9M), Refined Petroleum ($27.4M), and Toilet Paper ($26.1M). Over the past 5 years the exports of Egypt to Oman have increased at an annualized rate of 23.9%, from $112M in 2018 to $328M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $985M to Egypt. The main products exported from Oman to Egypt were Iron Ore ($512M), Refined Petroleum ($309M), and Non-fillet Frozen Fish ($35.6M). During the last 5 years the exports of Oman to Egypt have increased at an annualized rate of 37.8%, from $198M in 2018 to $985M in 2023.

In 2018, Egypt exported $328M to Oman. The main products exported from Egypt to Oman were Citrus ($34.9M), Refined Petroleum ($27.4M), and Toilet Paper ($26.1M). During the last 5 years the exports of Egypt to Oman have increased at an annualized rate of 23.9%, from $112M in 2023 to $328M in 2018.

Exports from Oman () to Egypt () (2023)

Exports from Egypt () to Oman () (2023)

Latest Data

Trade between Oman () and Egypt ()

Oman Exports

Date

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Egypt
Top DestinationSaudi Arabia$5.31B

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

In 2023, countries that imported more from Oman than Egypt included China ($30.2B), India ($4.5B), and South Africa ($2.57B).

In 2023, countries that imported more from Egypt than Oman included Turkey ($4.63B), Italy ($2.9B), and Libya ($1.79B).

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

Comparative Advantage Oman - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Egypt in the exports of Mineral Products ($821M), Animal Products ($38.3M), and Metals ($34.3M).

During 2018, Egypt had a large net trade with Oman in the exports of Vegetable Products ($80.9M), Foodstuffs ($62.3M), and Mineral Products ($31M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Egypt+$18.8MSemi-Finished Iron

Top Product Potential Egypt Oman+$2.49MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Egypt () (2023)

Exports from Egypt () to Oman () (2023)

Latest Data

Trade between Oman () and Egypt ()

Oman Exports

Egypt Exports

Market Competitiveness

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

Comparative Advantage Oman - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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