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2022
Flag → Flag
Exports $2.71BRnk 5 / 171
2022
Flag → Flag
Top Product $503MNitrogenous Fertilizers
2022
Flag → Flag
Exports $1.09BRnk 78 / 219
2022
Flag → Flag
Top Product $292MCars
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Oman-United States Trade: In 2022, Oman exported $2.71B to United States. The main products that Oman exported to United States were Nitrogenous Fertilizers ($503M), Aluminium Plating ($450M), and Raw Plastic Sheeting ($410M). Over the past 5 years the exports of Oman to United States have increased at an annualized rate of 25.2%, from $882M in 2017 to $2.71B in 2022.

In 2022, Oman did not export any services to United States.

United States-Oman Trade: In 2022, United States exported $1.09B to Oman. The main products that United States exported to Oman were Cars ($292M), Petroleum Coke ($75.2M), and Reaction and Catalytic Products ($52.6M). Over the past 5 years the exports of United States to Oman have decreased at an annualized rate of 3.33%,  from $1.3B in 2017 to $1.09B in 2022.

In 2017, United States exported services to Oman worth $483M, with Financial services ($151M), Travel ($134M), and Other business services ($52M) being the largest in terms of value.

Comparison: In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $2.71B to United States. The main products exported from Oman to United States were Nitrogenous Fertilizers ($503M), Aluminium Plating ($450M), and Raw Plastic Sheeting ($410M). During the last 5 years the exports of Oman to United States have increased at an annualized rate of 25.2%, from $882M in 2017 to $2.71B in 2022.

In 2017, United States exported $1.09B to Oman. The main products exported from United States to Oman were Cars ($292M), Petroleum Coke ($75.2M), and Reaction and Catalytic Products ($52.6M). During the last 5 years the exports of United States to Oman have decreased at an annualized rate of 3.33%, from $1.3B in 2022 to $1.09B in 2017.

Exports from Oman (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and United States (Flag)

Oman Exports

United States Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Oman than United States included Iran ($539M), Mauritius ($544M), and Madagascar ($337M).

In 2022, countries that imported more from United States than Oman included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - United States

Flow
Scale

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

During 2022, Oman had a large net trade with United States in the exports of Metals ($869M), Plastics and Rubbers ($818M), and Chemical Products ($556M).

During 2017, United States had a large net trade with Oman in the exports of Transportation ($374M), Machines ($166M), and Mineral Products ($122M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman United States+$166MRefined Petroleum
Top Product Potential United States Oman+$113MRefined Petroleum

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

Product Space of Oman (Flag) and United States (Flag) (2022)

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