2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Oman-Tanzania Trade: In 2023, Oman exported $136M to Tanzania. The main products that Oman exported to Tanzania were Refined Petroleum ($76.4M), Antiknock ($22.5M), and Cyclic Hydrocarbons ($11.3M). Over the past 5 years the exports of Oman to Tanzania have increased at an annualized rate of 21%, from $52.2M in 2018 to $136M in 2023.

In 2023, Oman did not export any services to Tanzania.

Tanzania-Oman Trade: In 2023, Tanzania exported $91.5M to Oman. The main products that Tanzania exported to Oman were Refined Copper ($74M), Bran ($6.88M), and Sheep and Goat Meat ($5.14M). Over the past 5 years the exports of Tanzania to Oman have increased at an annualized rate of 1.29%,  from $85.8M in 2018 to $91.5M in 2023.

In 2023, Tanzania did not export any services to Oman.

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $136M to Tanzania. The main products exported from Oman to Tanzania were Refined Petroleum ($76.4M), Antiknock ($22.5M), and Cyclic Hydrocarbons ($11.3M). During the last 5 years the exports of Oman to Tanzania have increased at an annualized rate of 21%, from $52.2M in 2018 to $136M in 2023.

In 2018, Tanzania exported $91.5M to Oman. The main products exported from Tanzania to Oman were Refined Copper ($74M), Bran ($6.88M), and Sheep and Goat Meat ($5.14M). During the last 5 years the exports of Tanzania to Oman have increased at an annualized rate of 1.29%, from $85.8M in 2023 to $91.5M in 2018.

Exports from Oman (Flag) to Tanzania (Flag) (2023)

Exports from Tanzania (Flag) to Oman (Flag) (2023)

Latest Data

Trade between Oman (Flag) and Tanzania (Flag)

Oman Exports

Tanzania Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Oman than Tanzania included China ($30.2B), Saudi Arabia ($3.64B), and India ($4.5B).

In 2023, countries that imported more from Tanzania than Oman included Uganda ($1.35B), Switzerland ($461M), and Democratic Republic of the Congo ($313M).

Difference in imports from Tanzania (Flag) and Oman (Flag) (2023)

Comparative Advantage Oman - Tanzania

Flow
Scale

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

During 2023, Oman had a large net trade with Tanzania in the exports of Mineral Products ($79.5M), Chemical Products ($40.8M), and Plastics and Rubbers ($8.97M).

During 2018, Tanzania had a large net trade with Oman in the exports of Metals ($75M), Foodstuffs ($9.44M), and Animal Products ($5.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Tanzania+$14MRefined Petroleum
Top Product Potential Tanzania Oman+$720kDried Legumes

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 Tanzania. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Oman.

Product Space of Oman (Flag) and Tanzania (Flag) (2023)

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