Oman (OMN) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Oman-Indonesia Trade: In 2023, Oman exported $1.86B to Indonesia. The main products that Oman exported to Indonesia were Semi-Finished Iron ($1.04B), Refined Petroleum ($539M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($124M). Over the past 5 years the exports of Oman to Indonesia have increased at an annualized rate of 38.5%, from $364M in 2018 to $1.86B in 2023.

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

Indonesia-Oman Trade: In 2023, Indonesia exported $364M to Oman. The main products that Indonesia exported to Oman were Palm Oil ($150M), Cars ($79.3M), and Refined Petroleum ($54.4M). Over the past 5 years the exports of Indonesia to Oman have increased at an annualized rate of 14.3%, from $187M in 2018 to $364M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $1.86B to Indonesia. The main products exported from Oman to Indonesia were Semi-Finished Iron ($1.04B), Refined Petroleum ($539M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($124M). During the last 5 years the exports of Oman to Indonesia have increased at an annualized rate of 38.5%, from $364M in 2018 to $1.86B in 2023.

In 2018, Indonesia exported $364M to Oman. The main products exported from Indonesia to Oman were Palm Oil ($150M), Cars ($79.3M), and Refined Petroleum ($54.4M). During the last 5 years the exports of Indonesia to Oman have increased at an annualized rate of 14.3%, from $187M in 2023 to $364M in 2018.

Exports from Oman () to Indonesia () (2023)

Exports from Indonesia () to Oman () (2023)

Latest Data

Trade between Oman () and Indonesia ()

Oman Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Oman than Indonesia included South Africa ($2.57B), Saudi Arabia ($3.64B), and Madagascar ($647M).

In 2023, countries that imported more from Indonesia than Oman included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

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

Comparative Advantage Oman - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Indonesia in the exports of Metals ($1.06B), Mineral Products ($593M), and Chemical Products ($182M).

During 2018, Indonesia had a large net trade with Oman in the exports of Animal and Vegetable Bi-Products ($153M), Transportation ($84.1M), and Mineral Products ($54.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Indonesia+$10.7MIron Ore

Top Product Potential Indonesia Oman+$31.5MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Indonesia () (2023)

Exports from Indonesia () to Oman () (2023)

Latest Data

Trade between Oman () and Indonesia ()

Oman Exports

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Oman - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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