2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Oman-Norway In 2022, Oman exported $36.5M to Norway. The main products that Oman exported to Norway are Fish oil ($18.8M), Raw Aluminium ($13.7M), and Animal Food ($2.11M). During the last 27 years the exports of Oman to Norway have increased at an annualized rate of 23.3%, from $129k in 1995 to $36.5M in 2022.

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

Norway-Oman In 2022, Norway exported $15.8M to Oman. The main products that Norway exported to Oman were Valves ($3.63M), Rubber Pipes ($3.18M), and Surveying Equipment ($1.18M). During the last 27 years the exports of Norway to Oman have increased at an annualized rate of 5.58%, from $3.63M in 1995 to $15.8M in 2022.

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

Comparison In 2022,  Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $36.5M to Norway. The main products exported from Oman to Norway were Fish oil ($18.8M), Raw Aluminium ($13.7M), and Animal Food ($2.11M). During the last 27 years the exports of Oman to Norway have increased at an annualized rate of 23.3%, from $129k in 1995 to $36.5M in 2022.

In 2022, Norway exported $15.8M to Oman. The main products exported from Norway to Oman were Valves ($3.63M), Rubber Pipes ($3.18M), and Surveying Equipment ($1.18M). During the last 27 years the exports of Norway to Oman have increased at an annualized rate of 5.58%, from $3.63M in 1995 to $15.8M in 2022.

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

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

Latest Data

Trade between Oman (Flag) and Norway (Flag)

Oman Exports

Norway Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Oman than Norway were China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2021, countries that imported more from Norway than Oman were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Oman - Norway

Flow
Scale

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

During 2022, Oman had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($18.8M), Metals ($13.7M), and Foodstuffs ($2.15M).

During 2022, Norway had a large net trade with Oman in the exports of Machines ($6.32M), Plastics and Rubbers ($3.52M), and Instruments ($2.83M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Oman has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Oman.

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

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