Oman (OMN) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Oman-Namibia Trade: In 2023, Oman exported $164M to Namibia. The main products that Oman exported to Namibia were Refined Petroleum ($163M), Non-fillet Frozen Fish ($202k), and Packaged Medicaments ($87.7k). Over the past 5 years the exports of Oman to Namibia have increased at an annualized rate of 21.5%, from $61.9M in 2018 to $164M in 2023.

In 2023, Oman did not export any services to Namibia.

Namibia-Oman Trade: In 2023, Namibia exported $227k to Oman. The main products that Namibia exported to Oman were Refined Petroleum ($150k), Grapes ($33.5k), and Building Stone ($21.6k). Over the past 5 years the exports of Namibia to Oman have increased at an annualized rate of 59.1%, from $22.2k in 2018 to $227k in 2023.

In 2023, Namibia 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, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Oman exported $164M to Namibia. The main products exported from Oman to Namibia were Refined Petroleum ($163M), Non-fillet Frozen Fish ($202k), and Packaged Medicaments ($87.7k). During the last 5 years the exports of Oman to Namibia have increased at an annualized rate of 21.5%, from $61.9M in 2018 to $164M in 2023.

In 2018, Namibia exported $227k to Oman. The main products exported from Namibia to Oman were Refined Petroleum ($150k), Grapes ($33.5k), and Building Stone ($21.6k). During the last 5 years the exports of Namibia to Oman have increased at an annualized rate of 59.1%, from $22.2k in 2023 to $227k in 2018.

Exports from Oman () to Namibia () (2023)

Exports from Namibia () to Oman () (2023)

Latest Data

Trade between Oman () and Namibia ()

Oman Exports

Date

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.2B

Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from Oman than Namibia included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Namibia than Oman included Botswana ($504M), Belgium ($424M), and Zambia ($329M).

Difference in imports from Namibia () and Oman () (2023)

Comparative Advantage Oman - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Oman had a large net trade with Namibia in the exports of Mineral Products ($163M), Animal Products ($202k), and Chemical Products ($87.7k).

During 2018, Namibia had a large net trade with Oman in the exports of Mineral Products ($160k), Vegetable Products ($33.5k), and Stone And Glass ($21.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Namibia+$133kNon-fillet Frozen Fish

Top Product Potential Namibia Oman+$87.8kGrapes

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Namibia () (2023)

Exports from Namibia () to Oman () (2023)

Latest Data

Trade between Oman () and Namibia ()

Oman Exports

Namibia Exports

Market Competitiveness

Difference in imports from Namibia () and Oman () (2023)

Comparative Advantage Oman - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Namibia () (2023)

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