2022
Exports
$11.2MWorld Rnk 71 / 216
Flag Rnk 159 / 1042
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$118MWorld Rnk 74 / 225
Flag Rnk 64 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $11.2M in Machinery Having Individual Functions, making it the 71st largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 159th most exported product in Oman. The main destination of Machinery Having Individual Functions exports from Oman are: United Arab Emirates ($2.02M), Italy ($1.45M), United Kingdom ($1.34M), Iraq ($995k), and Saudi Arabia ($964k).

The fastest growing export markets for Machinery Having Individual Functions of Oman between 2021 and 2022 were Iraq ($988k), Italy ($802k), and Saudi Arabia ($733k).

Imports In 2022, Oman imported $118M in Machinery Having Individual Functions, becoming the 74th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 64th most imported product in Oman. Oman imports Machinery Having Individual Functions primarily from: United Arab Emirates ($38.6M), China ($16.6M), Germany ($11.4M), Italy ($8.74M), and United States ($7.79M).

The fastest growing import markets in Machinery Having Individual Functions for Oman between 2021 and 2022 were China ($8.21M), Germany ($6.86M), and United States ($1.34M).

Latest Trends

Jul 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 Machinery Having Individual Functions. 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)$11.2M
IMPORTS (2022)$118M
NET TRADE (2022)-$106M

In 2022, Oman exported $11.2M in Machinery Having Individual Functions. The main destinations of Oman exports on Machinery Having Individual Functions were United Arab Emirates ($2.02M), Italy ($1.45M), United Kingdom ($1.34M), Iraq ($995k), and Saudi Arabia ($964k).

In 2022, Oman imported $118M in Machinery Having Individual Functions, mainly from United Arab Emirates ($38.6M), China ($16.6M), Germany ($11.4M), Italy ($8.74M), and United States ($7.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Iraq$988k (13.5k%)
Italy$802k (123%)
Saudi Arabia$733k (317%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Oman WERE (2021 - 2022):
Yemen-$1.42M (-84.3%)
Iran-$289k (-35.3%)
Australia-$274k (-72.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Oman's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $1.48M
TOP IMPORT POTENTIALChina+ $8.67M

Machinery Having Individual Functions’s highest export potential is United Arab Emirates. With an export gap of $1.48M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $8.67M.

See methodology.

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