2023
Exports
$6.55MWorld Rnk 51 / 144
Flag Rnk 188 / 1051
2023
PRODUCT COMPLEXITY IN Copper Wire
-0.49Rnk 700 / 1025
2023
Imports
$345MWorld Rnk 25 / 205
Flag Rnk 18 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $6.55M in Copper Wire, making it the 51st largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 188th most exported product in Oman. The main destination of Copper Wire exports from Oman are: United Arab Emirates ($6.46M), Ethiopia ($86.4k), Yemen ($1.65k), Algeria ($1.13k), and Saudi Arabia ($1.03k).

The fastest growing export markets for Copper Wire of Oman between 2022 and 2023 were United Arab Emirates ($1.65M), Ethiopia ($86.4k), and Yemen ($1.65k).

Imports In 2023, Oman imported $345M in Copper Wire, becoming the 25th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 18th most imported product in Oman. Oman imports Copper Wire primarily from: United Arab Emirates ($344M), Germany ($581k), China ($240k), India ($108k), and Turkey ($56.5k).

The fastest growing import markets in Copper Wire for Oman between 2022 and 2023 were China ($216k), Turkey ($48.6k), and Switzerland ($45.1k).

Latest Trends

Dec 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 Copper Wire. 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 (2023)$6.55M
IMPORTS (2023)$345M
NET TRADE (2023)-$338M

In 2023, Oman exported $6.55M in Copper Wire. The main destinations of Oman exports on Copper Wire were United Arab Emirates ($6.46M), Ethiopia ($86.4k), Yemen ($1.65k), Algeria ($1.13k), and Saudi Arabia ($1.03k).

In 2023, Oman imported $345M in Copper Wire, mainly from United Arab Emirates ($344M), Germany ($581k), China ($240k), India ($108k), and Turkey ($56.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Oman WERE (2022 - 2023):
United Arab Emirates$1.65M (34.3%)
Ethiopia$86.4k (1%)
Yemen$1.65k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Oman WERE (2022 - 2023):
Saudi Arabia-$1.38M (-99.9%)
Qatar-$837k (-100%)
Czechia-$6.56k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Copper Wire were:
In 2023, Oman's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALQatar+ $264k
TOP IMPORT POTENTIALGermany+ $2.26M

Copper Wire’s highest export potential is Qatar. With an export gap of $264k.   Copper Wire’s highest import potential is Germany with an import gap of $2.26M.

See methodology.

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