Oman (OMN) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Oman-Pakistan Trade: In 2022, Oman exported $421M to Pakistan. The main products that Oman exported to Pakistan were Refined Petroleum ($172M), Propylene Polymers ($53.4M), and Ethylene Polymers ($42.5M). Over the past 5 years the exports of Oman to Pakistan have decreased at an annualized rate of 5.17%, from $549M in 2017 to $421M in 2022.

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

Pakistan-Oman Trade: In 2022, Pakistan exported $479M to Oman. The main products that Pakistan exported to Oman were Iron Reductions ($158M), Semi-Finished Iron ($100M), and Rice ($49.6M). Over the past 5 years the exports of Pakistan to Oman have increased at an annualized rate of 32%, from $120M in 2017 to $479M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $421M to Pakistan. The main products exported from Oman to Pakistan were Refined Petroleum ($172M), Propylene Polymers ($53.4M), and Ethylene Polymers ($42.5M). During the last 5 years the exports of Oman to Pakistan have decreased at an annualized rate of 5.17%, from $549M in 2017 to $421M in 2022.

In 2017, Pakistan exported $479M to Oman. The main products exported from Pakistan to Oman were Iron Reductions ($158M), Semi-Finished Iron ($100M), and Rice ($49.6M). During the last 5 years the exports of Pakistan to Oman have increased at an annualized rate of 32%, from $120M in 2022 to $479M in 2017.

Exports from Oman () to Pakistan () (2022)

Exports from Pakistan () to Oman () (2022)

Latest Data

Trade between Oman () and Pakistan ()

Oman Exports

Date

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Pakistan
Top DestinationUnited States$6.47B

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

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

In 2022, countries that imported more from Pakistan than Oman included United States ($6.47B), Germany ($2.8B), and United Kingdom ($2.41B).

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

Comparative Advantage Oman - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Pakistan in the exports of Mineral Products ($212M), Plastics and Rubbers ($101M), and Metals ($72.3M).

During 2017, Pakistan had a large net trade with Oman in the exports of Metals ($281M), Vegetable Products ($104M), and Foodstuffs ($28.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Pakistan+$59.7MRefined Petroleum

Top Product Potential Pakistan Oman+$15.4MRefined 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 Pakistan. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Oman.

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Pakistan () (2022)

Exports from Pakistan () to Oman () (2022)

Latest Data

Trade between Oman () and Pakistan ()

Oman Exports

Pakistan Exports

Market Competitiveness

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

Comparative Advantage Oman - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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