2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186

About

Oman-Equatorial Guinea Trade: In 2022, Oman exported $1.33M to Equatorial Guinea. The main products that Oman exported to Equatorial Guinea were Non-fillet Frozen Fish ($1.2M), Brochures ($62.4k), and Non-fillet Fresh Fish ($37.8k). Over the past 6 years the exports of Oman to Equatorial Guinea have increased at an annualized rate of 66.4%, from $62.7k in 2016 to $1.33M in 2022.

In 2022, Oman did not export any services to Equatorial Guinea.

Equatorial Guinea-Oman In N/A, Equatorial Guinea did not export any products to Oman.

In 2022, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $1.33M to Equatorial Guinea. The main products exported from Oman to Equatorial Guinea were Non-fillet Frozen Fish ($1.2M), Brochures ($62.4k), and Non-fillet Fresh Fish ($37.8k). During the last 6 years the exports of Oman to Equatorial Guinea have increased at an annualized rate of 66.4%, from $62.7k in 2016 to $1.33M in 2022.

Equatorial Guinea does not register exports to Oman.

Exports from Oman (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Equatorial Guinea (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

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

In 2022, countries that imported more from Equatorial Guinea than Oman included Zambia ($1.84B), Spain ($1.32B), and Chile ($413M).

Difference in imports from Equatorial Guinea (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Equatorial Guinea

Flow
Scale

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

During 2022, Oman had a large net trade with Equatorial Guinea in the exports of Animal Products ($1.24M), Paper Goods ($62.4k), and Textiles ($26k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Equatorial Guinea+$11.3kUsed Clothing
Top Product Potential Equatorial Guinea Oman+$3.22kPetroleum Gas

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

Product Space of Oman (Flag) and Equatorial Guinea (Flag) (2022)

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