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

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Oman-Ethiopia Trade: In 2022, Oman exported $34.4M to Ethiopia. The main products that Oman exported to Ethiopia were Semi-Finished Iron ($9.58M), Polyacetals ($8.01M), and Bitumen and asphalt ($5.48M). Over the past 5 years the exports of Oman to Ethiopia have decreased at an annualized rate of 1.56%, from $37.2M in 2017 to $34.4M in 2022.

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

Ethiopia-Oman Trade: In 2022, Ethiopia exported $4.73M to Oman. The main products that Ethiopia exported to Oman were Horses ($1.21M), Bovine ($1M), and Other Animals ($790k). Over the past 5 years the exports of Ethiopia to Oman have decreased at an annualized rate of 2.74%, from $5.43M in 2017 to $4.73M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $34.4M to Ethiopia. The main products exported from Oman to Ethiopia were Semi-Finished Iron ($9.58M), Polyacetals ($8.01M), and Bitumen and asphalt ($5.48M). During the last 5 years the exports of Oman to Ethiopia have decreased at an annualized rate of 1.56%, from $37.2M in 2017 to $34.4M in 2022.

In 2017, Ethiopia exported $4.73M to Oman. The main products exported from Ethiopia to Oman were Horses ($1.21M), Bovine ($1M), and Other Animals ($790k). During the last 5 years the exports of Ethiopia to Oman have decreased at an annualized rate of 2.74%, from $5.43M in 2022 to $4.73M in 2017.

Exports from Oman () to Ethiopia () (2022)

Exports from Ethiopia () to Oman () (2022)

Latest Data

Trade between Oman () and Ethiopia ()

Oman Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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 2022, countries that imported more from Oman than Ethiopia included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Ethiopia than Oman included Germany ($274M), Israel ($85.2M), and Switzerland ($68.5M).

Difference in imports from Ethiopia () and Oman () (2022)

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 2022, Oman had a large net trade with Ethiopia in the exports of Plastics and Rubbers ($10.8M), Mineral Products ($10.1M), and Metals ($9.61M).

During 2017, Ethiopia had a large net trade with Oman in the exports of Animal Products ($3.41M), Vegetable Products ($1.17M), and Machines ($37k).

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+$577kCoffee

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 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 () (2022)

Exports from Ethiopia () to Oman () (2022)

Latest Data

Trade between Oman () and Ethiopia ()

Oman Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Oman () (2022)

Comparative Advantage Oman - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Ethiopia () (2022)

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