2022
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GDP
$115BCURRENT US$
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GDP GROWTH
31.2%CURRENT US$
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 GDP
$1.11TCURRENT US$
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GDP GROWTH
49.4%CURRENT US$
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GDP PC 
$25,057CURRENT US$
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GDP PC GROWTH
1.35%CURRENT US$
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GDP PC
$30,436CURRENT US$
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GDP PC GROWTH
26.5%CURRENT US$
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About

Oman-Saudi Arabia In 2022, Oman exported $2.4B to Saudi Arabia. The main products that Oman exported to Saudi Arabia are Iron Ore ($757M), Semi-Finished Iron ($673M), and Cars ($80M). During the last 27 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 12.9%, from $90.9M in 1995 to $2.4B in 2022.

In 2022, Oman did not export any services to Saudi Arabia.

Saudi Arabia-Oman 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). During the last 27 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 11.9%, from $208M in 1995 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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $2.4B to Saudi Arabia. The main products exported from Oman to Saudi Arabia were Iron Ore ($757M), Semi-Finished Iron ($673M), and Cars ($80M). During the last 27 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 12.9%, from $90.9M in 1995 to $2.4B in 2022.

In 2022, Saudi Arabia exported $4.31B to Oman. The main products exported from Saudi Arabia to Oman were Refined Petroleum ($2.68B), Ethers ($233M), and Cyclic Alcohols ($180M). During the last 27 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 11.9%, from $208M in 1995 to $4.31B in 2022.

Exports from Oman (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Saudi Arabia (Flag)

Oman Exports

Saudi Arabia Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Saudi Arabia
Top Destination
China$68B

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

In 2021, countries that imported more from Oman than Saudi Arabia were Qatar ($1.09B), Iran ($539M), and Mauritius ($544M).

In 2021, countries that imported more from Saudi Arabia than Oman were India ($46.2B), China ($68B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Saudi Arabia

Flow
Scale

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

During 2022, Oman had a large net trade with Saudi Arabia in the exports of Mineral Products ($832M), Metals ($814M), and Transportation ($114M).

During 2022, Saudi Arabia had a large net trade with Oman in the exports of Mineral Products ($2.7B), Chemical Products ($746M), and Foodstuffs ($179M).

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 Saudi Arabia. Similarly, the more yellow a dot/product is, the more Saudi Arabia has comparative advantage over Oman.

Product Space of Oman (Flag) and Saudi Arabia (Flag) (2022)

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