Oman-Saudi Arabia Trade: In 2022, Oman exported $2.4B to Saudi Arabia. The main products that Oman exported to Saudi Arabia were Iron Ore ($757M), Semi-Finished Iron ($673M), and Cars ($80M). Over the past 5 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 9.24%, from $1.54B in 2017 to $2.4B in 2022.
In 2022, Oman did not export any services to Saudi Arabia.
Saudi Arabia-Oman Trade: In 2022, Saudi Arabia exported $4.31B to Oman. The main products that Saudi Arabia exported to Oman were Refined Petroleum ($2.68B), Ethers ($233M), and Cyclic Alcohols ($180M). Over the past 5 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 32.7%, from $1.05B in 2017 to $4.31B in 2022.
In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).