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2023
Flag → Flag
Exports $257MRnk 27 / 171
2023
Flag → Flag
Top Product $125MSpark-Ignition Engines
2023
Flag → Flag
Exports $411MRnk 69 / 223
2023
Flag → Flag
Top Product $62.8MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Oman-United Kingdom Trade: In 2023, Oman exported $257M to United Kingdom. The main products that Oman exported to United Kingdom were Spark-Ignition Engines ($125M), Gas Turbines ($20.6M), and Raw Plastic Sheeting ($17.3M). Over the past 5 years the exports of Oman to United Kingdom have increased at an annualized rate of 3.8%, from $214M in 2018 to $257M in 2023.

In 2023, Oman did not export any services to United Kingdom.

United Kingdom-Oman Trade: In 2023, United Kingdom exported $411M to Oman. The main products that United Kingdom exported to Oman were Gas Turbines ($62.8M), Cars ($42.1M), and Air Pumps ($17.1M). Over the past 5 years the exports of United Kingdom to Oman have decreased at an annualized rate of 6.84%,  from $1.11B in 2018 to $411M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $257M to United Kingdom. The main products exported from Oman to United Kingdom were Spark-Ignition Engines ($125M), Gas Turbines ($20.6M), and Raw Plastic Sheeting ($17.3M). During the last 5 years the exports of Oman to United Kingdom have increased at an annualized rate of 3.8%, from $214M in 2018 to $257M in 2023.

In 2018, United Kingdom exported $411M to Oman. The main products exported from United Kingdom to Oman were Gas Turbines ($62.8M), Cars ($42.1M), and Air Pumps ($17.1M). During the last 5 years the exports of United Kingdom to Oman have decreased at an annualized rate of 6.84%, from $1.11B in 2023 to $411M in 2018.

Exports from Oman (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Oman (Flag) (2023)

Latest Data

Trade between Oman (Flag) and United Kingdom (Flag)

Oman Exports

United Kingdom Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.2B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Oman than United Kingdom included South Africa ($2.57B), Indonesia ($1.86B), and Madagascar ($647M).

In 2023, countries that imported more from United Kingdom than Oman included United States ($59.7B), Germany ($34.6B), and Netherlands ($29.8B).

Difference in imports from United Kingdom (Flag) and Oman (Flag) (2023)

Comparative Advantage Oman - United Kingdom

Flow
Scale

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

During 2023, Oman had a large net trade with United Kingdom in the exports of Machines ($167M), Plastics and Rubbers ($24M), and Metals ($17.3M).

During 2018, United Kingdom had a large net trade with Oman in the exports of Machines ($212M), Transportation ($51.3M), and Instruments ($34.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman United Kingdom+$49.7MRefined Petroleum
Top Product Potential United Kingdom Oman+$32.8MCars

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 United Kingdom. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and United Kingdom (Flag) (2023)

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