2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 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
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Oman-Ukraine Trade: In 2023, Oman exported $46.5M to Ukraine. The main products that Oman exported to Ukraine were Refined Petroleum ($31.7M), Propylene Polymers ($7.05M), and Ethylene Polymers ($2.56M). Over the past 5 years the exports of Oman to Ukraine have increased at an annualized rate of 40.2%, from $8.58M in 2018 to $46.5M in 2023.

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

Ukraine-Oman Trade: In 2023, Ukraine exported $16.5M to Oman. The main products that Ukraine exported to Oman were Poultry Meat ($6.88M), Seed Oils ($5.78M), and Iron Pipes ($1.24M). Over the past 5 years the exports of Ukraine to Oman have decreased at an annualized rate of 22.8%,  from $60.1M in 2018 to $16.5M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $46.5M to Ukraine. The main products exported from Oman to Ukraine were Refined Petroleum ($31.7M), Propylene Polymers ($7.05M), and Ethylene Polymers ($2.56M). During the last 5 years the exports of Oman to Ukraine have increased at an annualized rate of 40.2%, from $8.58M in 2018 to $46.5M in 2023.

In 2018, Ukraine exported $16.5M to Oman. The main products exported from Ukraine to Oman were Poultry Meat ($6.88M), Seed Oils ($5.78M), and Iron Pipes ($1.24M). During the last 5 years the exports of Ukraine to Oman have decreased at an annualized rate of 22.8%, from $60.1M in 2023 to $16.5M in 2018.

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

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

Latest Data

Trade between Oman (Flag) and Ukraine (Flag)

Oman Exports

Ukraine Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Ukraine
Top Destination
Poland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Oman included Poland ($4.83B), Romania ($3.56B), and Spain ($2.46B).

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

Comparative Advantage Oman - Ukraine

Flow
Scale

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

During 2023, Oman had a large net trade with Ukraine in the exports of Mineral Products ($31.7M), Plastics and Rubbers ($10.6M), and Chemical Products ($4.13M).

During 2018, Ukraine had a large net trade with Oman in the exports of Animal Products ($6.89M), Animal and Vegetable Bi-Products ($5.78M), and Foodstuffs ($1.57M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Ukraine+$1.18MEthylene Polymers
Top Product Potential Ukraine Oman+$3.89MWheat

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

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

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