2022
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GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
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 GDP
$495BCURRENT US$
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2012-2022
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GDP GROWTH
24.6%CURRENT US$
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2022
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GDP PC 
$25,057CURRENT US$
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2012-2022
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GDP PC GROWTH
1.35%CURRENT US$
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2022
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GDP PC
$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
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About

Oman-Thailand In 2022, Oman exported $2.02B to Thailand. The main products that Oman exported to Thailand are Petroleum Gas ($955M), Semi-Finished Iron ($710M), and Crude Petroleum ($221M). During the last 27 years the exports of Oman to Thailand have increased at an annualized rate of 4.68%, from $589M in 1995 to $2.02B in 2022.

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

Thailand-Oman In 2022, Thailand exported $511M to Oman. The main products that Thailand exported to Oman were Delivery Trucks ($131M), Cars ($123M), and Polycarboxylic Acids ($103M). During the last 27 years the exports of Thailand to Oman have increased at an annualized rate of 10.7%, from $33.1M in 1995 to $511M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $2.02B to Thailand. The main products exported from Oman to Thailand were Petroleum Gas ($955M), Semi-Finished Iron ($710M), and Crude Petroleum ($221M). During the last 27 years the exports of Oman to Thailand have increased at an annualized rate of 4.68%, from $589M in 1995 to $2.02B in 2022.

In 2022, Thailand exported $511M to Oman. The main products exported from Thailand to Oman were Delivery Trucks ($131M), Cars ($123M), and Polycarboxylic Acids ($103M). During the last 27 years the exports of Thailand to Oman have increased at an annualized rate of 10.7%, from $33.1M in 1995 to $511M in 2022.

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

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

Latest Data

Trade between Oman (Flag) and Thailand (Flag)

Oman Exports

Thailand Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Thailand
Top Destination
United States$53.4B

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

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

In 2021, countries that imported more from Thailand than Oman were United States ($53.4B), Japan ($24.6B), and Vietnam ($13.4B).

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

Comparative Advantage Oman - Thailand

Flow
Scale

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

During 2022, Oman had a large net trade with Thailand in the exports of Mineral Products ($1.18B), Metals ($722M), and Chemical Products ($72.6M).

During 2022, Thailand had a large net trade with Oman in the exports of Transportation ($267M), Chemical Products ($108M), and Machines ($64.1M).

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

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

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