Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Flag → Flag
Exports $71.1MRnk 25 / 171
2022
Flag → Flag
Top Product $189MPetroleum Gas
2022
Flag → Flag
Exports $711MRnk 88 / 221
2022
Flag → Flag
Top Product $32.2MValves
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Oman-Italy Trade: In 2022, Oman exported $71.1M to Italy. The main products that Oman exported to Italy were Petroleum Gas ($189M), Raw Aluminium ($44.4M), and Refined Petroleum ($42.6M). Over the past 5 years the exports of Oman to Italy have increased at an annualized rate of 56.4%, from $7.6M in 2017 to $71.1M in 2022.

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

Italy-Oman Trade: In 2022, Italy exported $711M to Oman. The main products that Italy exported to Oman were Valves ($32.2M), Cars ($22.5M), and Metal-Rolling Mills ($15M). Over the past 5 years the exports of Italy to Oman have increased at an annualized rate of 48.2%,  from $99.4M in 2017 to $711M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $71.1M to Italy. The main products exported from Oman to Italy were Petroleum Gas ($189M), Raw Aluminium ($44.4M), and Refined Petroleum ($42.6M). During the last 5 years the exports of Oman to Italy have increased at an annualized rate of 56.4%, from $7.6M in 2017 to $71.1M in 2022.

In 2017, Italy exported $711M to Oman. The main products exported from Italy to Oman were Valves ($32.2M), Cars ($22.5M), and Metal-Rolling Mills ($15M). During the last 22 years the exports of Italy to Oman have increased at an annualized rate of 48.2%, from $99.4M in 1995 to $711M in 2017.

Exports from Oman (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Italy (Flag)

Oman Exports

Italy Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Oman than Italy included China ($30.4B), India ($8.15B), and Mauritius ($544M).

In 2022, countries that imported more from Italy than Oman included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Italy

Flow
Scale

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

During 2022, Oman had a large net trade with Italy in the exports of Mineral Products ($232M), Metals ($64.3M), and Plastics and Rubbers ($31.5M).

During 2017, Italy had a large net trade with Oman in the exports of Machines ($196M), Transportation ($30.7M), and Metals ($27.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Oman (Flag) and Italy (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms