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2022
Flag → Flag
Exports $498MRnk 75 / 219
2022
Flag → Flag
Top Product $25.3MRefined Petroleum
2022
Flag → Flag
Exports $1.43BRnk 10 / 171
2022
Flag → Flag
Top Product $865MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Turkey-Oman Trade: In 2022, Turkey exported $498M to Oman. The main products that Turkey exported to Oman were Refined Petroleum ($25.3M), Eggs ($21.6M), and Baked Goods ($19.8M). Over the past 5 years the exports of Turkey to Oman have increased at an annualized rate of 17.6%, from $221M in 2017 to $498M in 2022.

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

Oman-Turkey Trade: In 2022, Oman exported $1.43B to Turkey. The main products that Oman exported to Turkey were Nitrogenous Fertilizers ($865M), Semi-Finished Iron ($135M), and Raw Aluminium ($110M). Over the past 5 years the exports of Oman to Turkey have increased at an annualized rate of 69.7%,  from $102M in 2017 to $1.43B in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $498M to Oman. The main products exported from Turkey to Oman were Refined Petroleum ($25.3M), Eggs ($21.6M), and Baked Goods ($19.8M). During the last 5 years the exports of Turkey to Oman have increased at an annualized rate of 17.6%, from $221M in 2017 to $498M in 2022.

In 2017, Oman exported $1.43B to Turkey. The main products exported from Oman to Turkey were Nitrogenous Fertilizers ($865M), Semi-Finished Iron ($135M), and Raw Aluminium ($110M). During the last 5 years the exports of Oman to Turkey have increased at an annualized rate of 69.7%, from $102M in 2022 to $1.43B in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Oman (Flag)

Turkey Exports

Oman Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Turkey than Oman included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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

Comparative Advantage Turkey - Oman

Flow
Scale

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

During 2022, Turkey had a large net trade with Oman in the exports of Machines ($81.5M), Foodstuffs ($79.1M), and Animal Products ($43.6M).

During 2017, Oman had a large net trade with Turkey in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Oman+$40.7MRefined Petroleum
Top Product Potential Oman Turkey+$31.3MRefined 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 Turkey and Oman. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Turkey.

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

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