2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Chinese Taipei-Oman Trade: In 2022, Chinese Taipei exported $133M to Oman. The main products that Chinese Taipei exported to Oman were Polycarboxylic Acids ($39.1M), Refined Petroleum ($24.3M), and Cars ($21.2M). Over the past 5 years the exports of Chinese Taipei to Oman have increased at an annualized rate of 1.71%, from $122M in 2017 to $133M in 2022.

In 2022, Chinese Taipei did not export any services to Oman.

Oman-Chinese Taipei Trade: In 2022, Oman exported $2.69B to Chinese Taipei. The main products that Oman exported to Chinese Taipei were Crude Petroleum ($2.03B), Petroleum Gas ($510M), and Acyclic Alcohols ($62.5M). Over the past 5 years the exports of Oman to Chinese Taipei have increased at an annualized rate of 13.8%,  from $1.41B in 2017 to $2.69B in 2022.

In 2022, Oman did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $133M to Oman. The main products exported from Chinese Taipei to Oman were Polycarboxylic Acids ($39.1M), Refined Petroleum ($24.3M), and Cars ($21.2M). During the last 5 years the exports of Chinese Taipei to Oman have increased at an annualized rate of 1.71%, from $122M in 2017 to $133M in 2022.

In 2017, Oman exported $2.69B to Chinese Taipei. The main products exported from Oman to Chinese Taipei were Crude Petroleum ($2.03B), Petroleum Gas ($510M), and Acyclic Alcohols ($62.5M). During the last 5 years the exports of Oman to Chinese Taipei have increased at an annualized rate of 13.8%, from $1.41B in 2022 to $2.69B in 2017.

Exports from Chinese Taipei (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Chinese Taipei than Oman included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Oman than Chinese Taipei included India ($8.15B), United Arab Emirates ($3.13B), and Saudi Arabia ($2.4B).

Difference in imports from Oman (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Oman

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Oman in the exports of Chemical Products ($45.3M), Mineral Products ($24.3M), and Transportation ($23.3M).

During 2017, Oman had a large net trade with Chinese Taipei in the exports of Mineral Products ($2.55B), Chemical Products ($69.2M), and Plastics and Rubbers ($32M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Oman (Flag) (2022)

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