2022
Exports
$15.7MWorld Rnk 18 / 131
Flag Rnk 136 / 1042
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$15.7MWorld Rnk 17 / 189
Flag Rnk 313 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $15.7M in Bitumen and asphalt, making it the 18th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 136th most exported product in Oman. The main destination of Bitumen and asphalt exports from Oman are: Qatar ($6.44M), Ethiopia ($5.48M), Angola ($2.11M), Democratic Republic of the Congo ($1.04M), and Yemen ($428k).

The fastest growing export markets for Bitumen and asphalt of Oman between 2021 and 2022 were Qatar ($6.44M), Angola ($2.11M), and Democratic Republic of the Congo ($1.04M).

Imports In 2022, Oman imported $15.7M in Bitumen and asphalt, becoming the 17th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 313th most imported product in Oman. Oman imports Bitumen and asphalt primarily from: Iraq ($11.3M), Iran ($3.04M), United Arab Emirates ($836k), China ($305k), and Argentina ($152k).

The fastest growing import markets in Bitumen and asphalt for Oman between 2021 and 2022 were Iraq ($11.3M), Iran ($2.23M), and China ($266k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bitumen and asphalt. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.7M
IMPORTS (2022)$15.7M
NET TRADE (2022)-$26k

In 2022, Oman exported $15.7M in Bitumen and asphalt. The main destinations of Oman exports on Bitumen and asphalt were Qatar ($6.44M), Ethiopia ($5.48M), Angola ($2.11M), Democratic Republic of the Congo ($1.04M), and Yemen ($428k).

In 2022, Oman imported $15.7M in Bitumen and asphalt, mainly from Iraq ($11.3M), Iran ($3.04M), United Arab Emirates ($836k), China ($305k), and Argentina ($152k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Qatar$6.44M (1%)
Angola$2.11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Oman WERE (2021 - 2022):
Uganda-$980k (-100%)
Ethiopia-$342k (-5.88%)
United Arab Emirates-$49k (-27.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Bitumen and asphalt were:
In 2022, Oman's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $169k
TOP IMPORT POTENTIALUnited Arab Emirates+ $295k

Bitumen and asphalt’s highest export potential is United Arab Emirates. With an export gap of $169k.   Bitumen and asphalt’s highest import potential is United Arab Emirates with an import gap of $295k.

See methodology.

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