Zambia (ZMB) and Oman (OMN) Trade | The Observatory of Economic Complexity

About

Zambia-Oman Trade: In 2023, Zambia exported $2M to Oman. The main products that Zambia exported to Oman were Soybean Meal ($1.19M), Ferroalloys ($796k), and Sheep and Goat Meat ($13.6k). Over the past 7 years the exports of Zambia to Oman have decreased at an annualized rate of 9.63%, from $4.06M in 2016 to $2M in 2023.

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

Oman-Zambia Trade: In 2023, Oman exported $39.1M to Zambia. The main products that Oman exported to Zambia were Nitrogenous Fertilizers ($17.7M), Ethylene Polymers ($17M), and Refined Petroleum ($1.19M). Over the past 7 years the exports of Oman to Zambia have increased at an annualized rate of 237%, from $90.3k in 2016 to $39.1M in 2023.

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

Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). 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, Zambia exported $2M to Oman. The main products exported from Zambia to Oman were Soybean Meal ($1.19M), Ferroalloys ($796k), and Sheep and Goat Meat ($13.6k). During the last 7 years the exports of Zambia to Oman have decreased at an annualized rate of 9.63%, from $4.06M in 2016 to $2M in 2023.

In 2018, Oman exported $39.1M to Zambia. The main products exported from Oman to Zambia were Nitrogenous Fertilizers ($17.7M), Ethylene Polymers ($17M), and Refined Petroleum ($1.19M). During the last 5 years the exports of Oman to Zambia have increased at an annualized rate of 237%, from $90.3k in 2023 to $39.1M in 2018.

Exports from Zambia () to Oman () (2023)

Exports from Oman () to Zambia () (2023)

Latest Data

Trade between Zambia () and Oman ()

Zambia Exports

Date

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.26B

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Zambia than Oman included Switzerland ($4.26B), Democratic Republic of the Congo ($1.6B), and Zimbabwe ($248M).

In 2023, countries that imported more from Oman than Zambia included China ($30.2B), Saudi Arabia ($3.64B), and Japan ($2.49B).

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

Comparative Advantage Zambia - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zambia had a large net trade with Oman in the exports of Foodstuffs ($1.19M), Metals ($796k), and Animal Products ($13.6k).

During 2018, Oman had a large net trade with Zambia in the exports of Chemical Products ($18.8M), Plastics and Rubbers ($18.7M), and Mineral Products ($1.44M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Oman+$5.34kOther Fruits

Top Product Potential Oman Zambia+$114kMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from Zambia () to Oman () (2023)

Exports from Oman () to Zambia () (2023)

Latest Data

Trade between Zambia () and Oman ()

Zambia Exports

Oman Exports

Market Competitiveness

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

Comparative Advantage Zambia - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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