Oman (OMN) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

About

Oman-Ethiopia Trade: In 2023, Oman exported $152M to Ethiopia. The main products that Oman exported to Ethiopia were Nitrogenous Fertilizers ($98.4M), Petroleum Coke ($17.2M), and Semi-Finished Iron ($10.9M). Over the past 5 years the exports of Oman to Ethiopia have increased at an annualized rate of 38%, from $30.3M in 2018 to $152M in 2023.

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

Ethiopia-Oman Trade: In 2023, Ethiopia exported $21M to Oman. The main products that Ethiopia exported to Oman were Spark-Ignition Engines ($8.09M), Other Oily Seeds ($5.46M), and Sheep and Goats ($2.73M). Over the past 5 years the exports of Ethiopia to Oman have increased at an annualized rate of 72.1%, from $1.39M in 2018 to $21M in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $152M to Ethiopia. The main products exported from Oman to Ethiopia were Nitrogenous Fertilizers ($98.4M), Petroleum Coke ($17.2M), and Semi-Finished Iron ($10.9M). During the last 5 years the exports of Oman to Ethiopia have increased at an annualized rate of 38%, from $30.3M in 2018 to $152M in 2023.

In 2018, Ethiopia exported $21M to Oman. The main products exported from Ethiopia to Oman were Spark-Ignition Engines ($8.09M), Other Oily Seeds ($5.46M), and Sheep and Goats ($2.73M). During the last 5 years the exports of Ethiopia to Oman have increased at an annualized rate of 72.1%, from $1.39M in 2023 to $21M in 2018.

Exports from Oman () to Ethiopia () (2023)

Exports from Ethiopia () to Oman () (2023)

Latest Data

Trade between Oman () and Ethiopia ()

Oman Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Ethiopia
Top DestinationUnited States$487M

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

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

In 2023, countries that imported more from Ethiopia than Oman included Netherlands ($207M), Israel ($94.3M), and Switzerland ($80.8M).

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

Comparative Advantage Oman - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Ethiopia in the exports of Chemical Products ($101M), Mineral Products ($19.4M), and Plastics and Rubbers ($15.4M).

During 2018, Ethiopia had a large net trade with Oman in the exports of Machines ($8.81M), Vegetable Products ($6.15M), and Animal Products ($3.64M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Ethiopia+$2.79MSemi-Finished Iron

Top Product Potential Ethiopia Oman+N/AN/A

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Ethiopia () (2023)

Exports from Ethiopia () to Oman () (2023)

Latest Data

Trade between Oman () and Ethiopia ()

Oman Exports

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Oman - Ethiopia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring