Oman (OMN) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Oman-Malaysia Trade: In 2022, Oman exported $697M to Malaysia. The main products that Oman exported to Malaysia were Acyclic Alcohols ($159M), Refined Petroleum ($153M), and Raw Aluminium ($96.1M). Over the past 5 years the exports of Oman to Malaysia have increased at an annualized rate of 21.7%, from $261M in 2017 to $697M in 2022.

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

Malaysia-Oman Trade: In 2022, Malaysia exported $413M to Oman. The main products that Malaysia exported to Oman were Palm Oil ($85.3M), Refined Petroleum ($78.5M), and Polycarboxylic Acids ($67M). Over the past 5 years the exports of Malaysia to Oman have increased at an annualized rate of 9.8%, from $259M in 2017 to $413M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $697M to Malaysia. The main products exported from Oman to Malaysia were Acyclic Alcohols ($159M), Refined Petroleum ($153M), and Raw Aluminium ($96.1M). During the last 5 years the exports of Oman to Malaysia have increased at an annualized rate of 21.7%, from $261M in 2017 to $697M in 2022.

In 2017, Malaysia exported $413M to Oman. The main products exported from Malaysia to Oman were Palm Oil ($85.3M), Refined Petroleum ($78.5M), and Polycarboxylic Acids ($67M). During the last 5 years the exports of Malaysia to Oman have increased at an annualized rate of 9.8%, from $259M in 2022 to $413M in 2017.

Exports from Oman () to Malaysia () (2022)

Exports from Malaysia () to Oman () (2022)

Latest Data

Trade between Oman () and Malaysia ()

Oman Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Oman than Malaysia included Saudi Arabia ($2.4B), Qatar ($1.09B), and Mauritius ($544M).

In 2022, countries that imported more from Malaysia than Oman included Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

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

Comparative Advantage Oman - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Malaysia in the exports of Mineral Products ($292M), Chemical Products ($198M), and Metals ($103M).

During 2017, Malaysia had a large net trade with Oman in the exports of Animal and Vegetable Bi-Products ($95.7M), Mineral Products ($81.4M), and Chemical Products ($81.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Malaysia+$101MCrude Petroleum

Top Product Potential Malaysia Oman+$75.1MRefined 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 Malaysia. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Oman.

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Malaysia () (2022)

Exports from Malaysia () to Oman () (2022)

Latest Data

Trade between Oman () and Malaysia ()

Oman Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Oman - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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