Oman (OMN) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Oman-Ireland Trade: In 2022, Oman exported $19.3M to Ireland. The main products that Oman exported to Ireland were Raw Iron Bars ($10.1M), Raw Plastic Sheeting ($5.62M), and Essential Oils ($1.08M). Over the past 5 years the exports of Oman to Ireland have increased at an annualized rate of 27.1%, from $5.81M in 2017 to $19.3M in 2022.

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

Ireland-Oman Trade: In 2022, Ireland exported $143M to Oman. The main products that Ireland exported to Oman were Cranes ($62.1M), Scented Mixtures ($32.2M), and Gas Turbines ($20.6M). Over the past 5 years the exports of Ireland to Oman have increased at an annualized rate of 7.35%, from $34.7M in 2017 to $143M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $19.3M to Ireland. The main products exported from Oman to Ireland were Raw Iron Bars ($10.1M), Raw Plastic Sheeting ($5.62M), and Essential Oils ($1.08M). During the last 5 years the exports of Oman to Ireland have increased at an annualized rate of 27.1%, from $5.81M in 2017 to $19.3M in 2022.

In 2017, Ireland exported $143M to Oman. The main products exported from Ireland to Oman were Cranes ($62.1M), Scented Mixtures ($32.2M), and Gas Turbines ($20.6M). During the last 5 years the exports of Ireland to Oman have increased at an annualized rate of 7.35%, from $34.7M in 2022 to $143M in 2017.

Exports from Oman () to Ireland () (2022)

Exports from Ireland () to Oman () (2022)

Latest Data

Trade between Oman () and Ireland ()

Oman Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Ireland
Top DestinationUnited States$70.7B

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

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

In 2022, countries that imported more from Ireland than Oman included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Oman - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Ireland in the exports of Metals ($11.1M), Plastics and Rubbers ($6.6M), and Chemical Products ($1.13M).

During 2017, Ireland had a large net trade with Oman in the exports of Machines ($87.7M), Chemical Products ($43.1M), and Foodstuffs ($7.49M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Ireland+$2.05MRaw Plastic Sheeting

Top Product Potential Ireland Oman+$8.32MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Ireland () (2022)

Exports from Ireland () to Oman () (2022)

Latest Data

Trade between Oman () and Ireland ()

Oman Exports

Ireland Exports

Market Competitiveness

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

Comparative Advantage Oman - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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