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2023
Flag → Flag
Exports $4.99BRnk 14 / 182
2023
Flag → Flag
Top Product $3BRefined Petroleum
2023
Flag → Flag
Exports $3.64BRnk 3 / 171
2023
Flag → Flag
Top Product $921MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
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Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
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 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
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GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
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GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
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GDP PC$21,550CURRENT US$
Rnk 62 / 196
2013-2023
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GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

Saudi Arabia-Oman Trade: In 2023, Saudi Arabia exported $4.99B to Oman. The main products that Saudi Arabia exported to Oman were Refined Petroleum ($3B), Ethers ($357M), and Cyclic Alcohols ($326M). Over the past 5 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 38.9%, from $967M in 2018 to $4.99B in 2023.

In 2023, Saudi Arabia did not export any services to Oman.

Oman-Saudi Arabia Trade: In 2023, Oman exported $3.64B to Saudi Arabia. The main products that Oman exported to Saudi Arabia were Refined Petroleum ($921M), Semi-Finished Iron ($587M), and Iron Ore ($416M). Over the past 5 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 12.7%,  from $2B in 2018 to $3.64B in 2023.

In 2023, Oman did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $4.99B to Oman. The main products exported from Saudi Arabia to Oman were Refined Petroleum ($3B), Ethers ($357M), and Cyclic Alcohols ($326M). During the last 5 years the exports of Saudi Arabia to Oman have increased at an annualized rate of 38.9%, from $967M in 2018 to $4.99B in 2023.

In 2018, Oman exported $3.64B to Saudi Arabia. The main products exported from Oman to Saudi Arabia were Refined Petroleum ($921M), Semi-Finished Iron ($587M), and Iron Ore ($416M). During the last 5 years the exports of Oman to Saudi Arabia have increased at an annualized rate of 12.7%, from $2B in 2023 to $3.64B in 2018.

Exports from Saudi Arabia (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Oman (Flag)

Saudi Arabia Exports

Oman Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Saudi Arabia than Oman included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Oman than Saudi Arabia included Madagascar ($647M), Iran ($554M), and Croatia ($562M).

Difference in imports from Oman (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Oman

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Oman in the exports of Mineral Products ($3.01B), Chemical Products ($961M), and Transportation ($232M).

During 2018, Oman had a large net trade with Saudi Arabia in the exports of Mineral Products ($1.4B), Metals ($971M), and Machines ($545M).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Oman (Flag) (2023)

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