2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 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
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Oman-Luxembourg Trade: In 2022, Oman exported $20.7M to Luxembourg. The main products that Oman exported to Luxembourg were Spark-Ignition Engines ($20.5M), Perfumes ($85.4k), and Centrifuges ($74.5k). Over the past 5 years the exports of Oman to Luxembourg have increased at an annualized rate of 383%, from $7.83k in 2017 to $20.7M in 2022.

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

Luxembourg-Oman Trade: In 2022, Luxembourg exported $263M to Oman. The main products that Luxembourg exported to Oman were Spark-Ignition Engines ($78.7M), Gas Turbines ($64.5M), and Vaccines, blood, antisera, toxins and cultures ($14.2M). Over the past 5 years the exports of Luxembourg to Oman have increased at an annualized rate of 219%,  from $802k in 2017 to $263M in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $20.7M to Luxembourg. The main products exported from Oman to Luxembourg were Spark-Ignition Engines ($20.5M), Perfumes ($85.4k), and Centrifuges ($74.5k). During the last 5 years the exports of Oman to Luxembourg have increased at an annualized rate of 383%, from $7.83k in 2017 to $20.7M in 2022.

In 2017, Luxembourg exported $263M to Oman. The main products exported from Luxembourg to Oman were Spark-Ignition Engines ($78.7M), Gas Turbines ($64.5M), and Vaccines, blood, antisera, toxins and cultures ($14.2M). During the last 5 years the exports of Luxembourg to Oman have increased at an annualized rate of 219%, from $802k in 2022 to $263M in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Luxembourg (Flag)

Oman Exports

Luxembourg Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Luxembourg
Top Destination
Germany$4.15B

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

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

In 2022, countries that imported more from Luxembourg than Oman included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

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

Comparative Advantage Oman - Luxembourg

Flow
Scale

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

During 2022, Oman had a large net trade with Luxembourg in the exports of Machines ($20.6M), Chemical Products ($86.1k), and Transportation ($10.5k).

During 2017, Luxembourg had a large net trade with Oman in the exports of Machines ($187M), Chemical Products ($36.2M), and Instruments ($15.9M).

Economic Complexity

Competitive Landscape

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

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

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