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Pricing

2022
Flag → Flag
Exports $13.9MRnk 109 / 208
2022
Flag → Flag
Top Product $6.19MProcessed Tomatoes
2022
Flag → Flag
Exports $3.69MRnk 112 / 171
2022
Flag → Flag
Top Product $1.97MPropylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Portugal-Oman Trade: In 2022, Portugal exported $13.9M to Oman. The main products that Portugal exported to Oman were Processed Tomatoes ($6.19M), Cars ($712k), and Kraft Paper ($691k). Over the past 5 years the exports of Portugal to Oman have decreased at an annualized rate of 8.48%, from $21.6M in 2017 to $13.9M in 2022.

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

Oman-Portugal Trade: In 2022, Oman exported $3.69M to Portugal. The main products that Oman exported to Portugal were Propylene Polymers ($1.97M), Fish oil ($633k), and Ethylene Polymers ($477k). Over the past 5 years the exports of Oman to Portugal have increased at an annualized rate of 4.27%,  from $2.87M in 2017 to $3.69M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €1.12M and imported €134k from Oman, resulting in a positive trade balance of €984k. Between August 2023 and August 2024 the exports of Portugal have increased by €817k (271%) from €301k to €1.12M, while imports decreased by €-288k (-68.2%) from €423k to €134k.

Trade In August 2024, the top exports of Portugal to Oman were Machinery, mechanical appliances, & parts (€180k), Rubber & articles thereof (€42.5k), Ceramic products (€37.1k), Perfumery & cosmetics (€24.5k), and Wood, wood articles, & charcoal (€18k). In August 2024 the top imports of Portugal from Oman were Plastics & articles thereof (€53.5k), Pharmaceutical products (€52.9k), Iron & steel (€21.9k), Footwear (€719), and Perfumery & cosmetics (€425).

Growth In August 2024, the increase in Portugal's year-by-year exports to Oman was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts (€173k or 2.46k%), Rubber & articles thereof (€40.2k or 1.72k%), and Ceramic products (€18.8k or 103%). In August 2024, the decrease in Portugal's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in Fish, crustaceans, & molluscs (€-58.7k or -100%), Plastics & articles thereof (€-16.1k or -23.1%), and Perfumery & cosmetics (€-1.49k or -77.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€817k(271%)
IMPORT GROWTH (August 2023 - August 2024)€-288k(-68.2%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Oman and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Oman and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $13.9M to Oman. The main products exported from Portugal to Oman were Processed Tomatoes ($6.19M), Cars ($712k), and Kraft Paper ($691k). During the last 5 years the exports of Portugal to Oman have decreased at an annualized rate of 8.48%, from $21.6M in 2017 to $13.9M in 2022.

In 2017, Oman exported $3.69M to Portugal. The main products exported from Oman to Portugal were Propylene Polymers ($1.97M), Fish oil ($633k), and Ethylene Polymers ($477k). During the last 5 years the exports of Oman to Portugal have increased at an annualized rate of 4.27%, from $2.87M in 2022 to $3.69M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Portugal than Oman included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Oman than Portugal included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Portugal - Oman

Flow
Scale

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

During 2022, Portugal had a large net trade with Oman in the exports of Foodstuffs ($6.62M), Miscellaneous ($1.37M), and Machines ($1.19M).

During 2017, Oman had a large net trade with Portugal in the exports of Plastics and Rubbers ($2.45M), Animal and Vegetable Bi-Products ($633k), and Stone And Glass ($133k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Oman+$2.14MCars
Top Product Potential Oman Portugal+$1.73MPropylene Polymers

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

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

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