2022
Exports
$62.5kWorld Rnk 87 / 158
Flag Rnk 716 / 1042
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$6.14MWorld Rnk 88 / 213
Flag Rnk 488 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $62.5k in Industrial Furnaces, making it the 87th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 716th most exported product in Oman. The main destination of Industrial Furnaces exports from Oman are: Yemen ($30.9k), United Arab Emirates ($24k), Iran ($5.01k), Dominican Republic ($1.47k), and Thailand ($502).

The fastest growing export markets for Industrial Furnaces of Oman between 2021 and 2022 were Yemen ($9.93k), Thailand ($502), and Japan ($83).

Imports In 2022, Oman imported $6.14M in Industrial Furnaces, becoming the 88th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 488th most imported product in Oman. Oman imports Industrial Furnaces primarily from: China ($1.26M), United Arab Emirates ($1.07M), Italy ($924k), India ($875k), and United States ($427k).

The fastest growing import markets in Industrial Furnaces for Oman between 2021 and 2022 were Italy ($562k), China ($422k), and Netherlands ($160k).

Latest Trends

Aug 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 Industrial Furnaces. 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)$62.5k
IMPORTS (2022)$6.14M
NET TRADE (2022)-$6.08M

In 2022, Oman exported $62.5k in Industrial Furnaces. The main destinations of Oman exports on Industrial Furnaces were Yemen ($30.9k), United Arab Emirates ($24k), Iran ($5.01k), Dominican Republic ($1.47k), and Thailand ($502).

In 2022, Oman imported $6.14M in Industrial Furnaces, mainly from China ($1.26M), United Arab Emirates ($1.07M), Italy ($924k), India ($875k), and United States ($427k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Yemen$9.93k (47.3%)
Thailand$502 (1%)
Japan$83 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Oman WERE (2021 - 2022):
Qatar-$52.6k (-99.7%)
Iran-$15.9k (-76%)
United Arab Emirates-$10.4k (-30.2%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Oman's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $21k
TOP IMPORT POTENTIALChina+ $629k

Industrial Furnaces’s highest export potential is United Arab Emirates. With an export gap of $21k.   Industrial Furnaces’s highest import potential is China with an import gap of $629k.

See methodology.

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