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2022
Flag → Flag
Exports $77.6MRnk 43 / 171
2022
Flag → Flag
Top Product $39.8MEthylene Polymers
2022
Flag → Flag
Exports $65.9MRnk 104 / 152
2022
Flag → Flag
Top Product $12.3MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
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 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
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GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
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GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Oman-Vietnam Trade: In 2022, Oman exported $77.6M to Vietnam. The main products that Oman exported to Vietnam were Ethylene Polymers ($39.8M), Animal Meal and Pellets ($24.5M), and Propylene Polymers ($24.3M). Over the past 5 years the exports of Oman to Vietnam have increased at an annualized rate of 136%, from $1.05M in 2017 to $77.6M in 2022.

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

Vietnam-Oman Trade: In 2022, Vietnam exported $65.9M to Oman. The main products that Vietnam exported to Oman were Raw Aluminium ($12.3M), Citrus ($6.59M), and Coffee ($4.98M). Over the past 5 years the exports of Vietnam to Oman have increased at an annualized rate of 173%,  from $436k in 2017 to $65.9M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $77.6M to Vietnam. The main products exported from Oman to Vietnam were Ethylene Polymers ($39.8M), Animal Meal and Pellets ($24.5M), and Propylene Polymers ($24.3M). During the last 5 years the exports of Oman to Vietnam have increased at an annualized rate of 136%, from $1.05M in 2017 to $77.6M in 2022.

In 2017, Vietnam exported $65.9M to Oman. The main products exported from Vietnam to Oman were Raw Aluminium ($12.3M), Citrus ($6.59M), and Coffee ($4.98M). During the last 22 years the exports of Vietnam to Oman have increased at an annualized rate of 173%, from $436k in 1995 to $65.9M in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Vietnam (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Oman than Vietnam included Saudi Arabia ($2.4B), Qatar ($1.09B), and Iran ($539M).

In 2022, countries that imported more from Vietnam than Oman included United States ($117B), China ($58.7B), and Japan ($25B).

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

Comparative Advantage Oman - Vietnam

Flow
Scale

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

During 2022, Oman had a large net trade with Vietnam in the exports of Plastics and Rubbers ($64.2M), Foodstuffs ($33.8M), and Animal Products ($28.1M).

During 2017, Vietnam had a large net trade with Oman in the exports of Vegetable Products ($14.2M), Metals ($13.5M), and Machines ($8.66M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Oman and Vietnam. This means that a dot/product with the flag of Oman indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Oman.

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

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