2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 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
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Oman-Israel Trade: In 2013, Oman exported $8k to Israel. The main products that Oman exported to Israel were N/A. Over the past 9 years the exports of Oman to Israel have increased at an annualized rate of 16.7%, from $2k in 2004 to $8k in 2013.

In 2013, Oman did not export any services to Israel.

Israel-Oman Trade: In 2013, Israel exported $6k to Oman. The main products that Israel exported to Oman were N/A. Over the past 9 years the exports of Israel to Oman have decreased at an annualized rate of 50.9%,  from $210k in 2004 to $6k in 2013.

In 2013, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Oman exported $8k to Israel. There were not main exports from Oman to Israel in 2013. During the last 9 years the exports of Oman to Israel have increased at an annualized rate of 16.7%, from $2k in 2004 to $8k in 2013.

In 2013, Israel exported $6k to Oman. There were not main exports from Israel to Oman in 2013. During the last 5 years the exports of Israel to Oman have decreased at an annualized rate of 50.9%, from $210k in 2018 to $6k in 2013.

Exports from Oman (Flag) to Israel (Flag) (2018)

Exports from Israel (Flag) to Oman (Flag) (2018)

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Oman than Israel included China ($30.2B), Saudi Arabia ($3.64B), and United Arab Emirates ($3.49B).

In 2023, countries that imported more from Israel than Oman included United States ($20.3B), Ireland ($4.22B), and Hong Kong ($2.46B).

Difference in imports from Israel (Flag) and Oman (Flag) (2023)

Comparative Advantage Oman - Israel

Flow
Scale

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

During 2013, Oman had a large net trade with Israel in the exports of .

During 2013, Israel had a large net trade with Oman in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Israel+$8.56kCrude Petroleum
Top Product Potential Israel Oman+$5.94kRefined 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

This visualization shows the product space at the HS4 level with the flags of Oman and Israel. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and Israel (Flag) (2018)

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