Slovakia (SVK) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Slovakia-Oman Trade: In 2023, Slovakia exported $33.8M to Oman. The main products that Slovakia exported to Oman were Cars ($26M), Fairground Amusements ($2.26M), and Insulated Wire ($973k). Over the past 5 years the exports of Slovakia to Oman have decreased at an annualized rate of 3.3%, from $39.9M in 2018 to $33.8M in 2023.

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

Oman-Slovakia Trade: In 2023, Oman exported $103M to Slovakia. The main products that Oman exported to Slovakia were Crude Petroleum ($96.4M), Motor vehicles; parts and accessories (8701 to 8705) ($4.44M), and Nitrogenous Fertilizers ($1.16M). Over the past 5 years the exports of Oman to Slovakia have increased at an annualized rate of 264%, from $160k in 2018 to $103M in 2023.

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

Comparison: In 2023, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovakia exported $33.8M to Oman. The main products exported from Slovakia to Oman were Cars ($26M), Fairground Amusements ($2.26M), and Insulated Wire ($973k). During the last 5 years the exports of Slovakia to Oman have decreased at an annualized rate of 3.3%, from $39.9M in 2018 to $33.8M in 2023.

In 2018, Oman exported $103M to Slovakia. The main products exported from Oman to Slovakia were Crude Petroleum ($96.4M), Motor vehicles; parts and accessories (8701 to 8705) ($4.44M), and Nitrogenous Fertilizers ($1.16M). During the last 5 years the exports of Oman to Slovakia have increased at an annualized rate of 264%, from $160k in 2023 to $103M in 2018.

Exports from Slovakia () to Oman () (2023)

Exports from Oman () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and Oman ()

Slovakia Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$21.5B

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Slovakia than Oman included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

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

Difference in imports from Oman () and Slovakia () (2023)

Comparative Advantage Slovakia - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovakia had a large net trade with Oman in the exports of Transportation ($26M), Machines ($3.29M), and Miscellaneous ($2.3M).

During 2018, Oman had a large net trade with Slovakia in the exports of Mineral Products ($96.4M), Transportation ($4.44M), and Chemical Products ($1.19M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Oman+$17.2MCars

Top Product Potential Oman Slovakia+$2.61MNitrogenous Fertilizers

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Oman () (2023)

Exports from Oman () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and Oman ()

Slovakia Exports

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Slovakia () (2023)

Comparative Advantage Slovakia - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Oman () (2023)

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