2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 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
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Oman-Nepal Trade: In 2022, Oman exported $61.5M to Nepal. The main products that Oman exported to Nepal were Nitrogenous Fertilizers ($58.3M), Gypsum ($2.29M), and Plaster Articles ($307k). Over the past 5 years the exports of Oman to Nepal have increased at an annualized rate of 81.2%, from $3.15M in 2017 to $61.5M in 2022.

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

Nepal-Oman Trade: In 2022, Nepal exported $15.4k to Oman. The main products that Nepal exported to Oman were Scarves ($6.8k), Computers ($2.49k), and Ball Bearings ($1.84k). Over the past 5 years the exports of Nepal to Oman have decreased at an annualized rate of 11.4%,  from $51.8k in 2017 to $15.4k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $61.5M to Nepal. The main products exported from Oman to Nepal were Nitrogenous Fertilizers ($58.3M), Gypsum ($2.29M), and Plaster Articles ($307k). During the last 5 years the exports of Oman to Nepal have increased at an annualized rate of 81.2%, from $3.15M in 2017 to $61.5M in 2022.

In 2017, Nepal exported $15.4k to Oman. The main products exported from Nepal to Oman were Scarves ($6.8k), Computers ($2.49k), and Ball Bearings ($1.84k). During the last 5 years the exports of Nepal to Oman have decreased at an annualized rate of 11.4%, from $51.8k in 2022 to $15.4k in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Nepal (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Nepal
Top Destination
India$956M

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

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

In 2022, countries that imported more from Nepal than Oman included Bhutan ($3.99M), Austria ($3.43M), and Israel ($488k).

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

Comparative Advantage Oman - Nepal

Flow
Scale

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

During 2022, Oman had a large net trade with Nepal in the exports of Chemical Products ($58.4M), Mineral Products ($2.29M), and Stone And Glass ($308k).

During 2017, Nepal had a large net trade with Oman in the exports of Textiles ($9.15k), Machines ($4.33k), and Miscellaneous ($970).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Nepal+$401kPropylene Polymers
Top Product Potential Nepal Oman+$17.6kScarves

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

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

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

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