2023
Exports
$2.02MWorld Rnk 67 / 199
Flag Rnk 299 / 1051
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$10.5MWorld Rnk 81 / 223
Flag Rnk 363 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $2.02M in Navigation Equipment, making it the 67th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 299th most exported product in Oman. The main destination of Navigation Equipment exports from Oman are: United Kingdom ($1.33M), Spain ($499k), Turkey ($78.3k), Denmark ($27.3k), and Switzerland ($21.1k).

The fastest growing export markets for Navigation Equipment of Oman between 2022 and 2023 were Spain ($499k), Turkey ($78.3k), and Denmark ($18.7k).

Imports In 2023, Oman imported $10.5M in Navigation Equipment, becoming the 81st largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 363rd most imported product in Oman. Oman imports Navigation Equipment primarily from: United Kingdom ($2.49M), United Arab Emirates ($1.39M), Germany ($1.14M), Turkey ($1.11M), and Japan ($1.07M).

The fastest growing import markets in Navigation Equipment for Oman between 2022 and 2023 were United Kingdom ($2.15M), Japan ($1.04M), and Turkey ($747k).

Latest Trends

Jan 2025

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 Navigation Equipment. 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)$2.02M
IMPORTS (2023)$10.5M
NET TRADE (2023)-$8.52M

In 2023, Oman exported $2.02M in Navigation Equipment. The main destinations of Oman exports on Navigation Equipment were United Kingdom ($1.33M), Spain ($499k), Turkey ($78.3k), Denmark ($27.3k), and Switzerland ($21.1k).

In 2023, Oman imported $10.5M in Navigation Equipment, mainly from United Kingdom ($2.49M), United Arab Emirates ($1.39M), Germany ($1.14M), Turkey ($1.11M), and Japan ($1.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Spain$499k (1%)
Turkey$78.3k (1%)
Denmark$18.7k (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Oman WERE (2022 - 2023):
United Kingdom-$1.22M (-47.9%)
United Arab Emirates-$829k (-98.9%)
Switzerland-$90.6k (-81.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Navigation Equipment were:
In 2023, Oman's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $377k
TOP IMPORT POTENTIALChina+ $758k

Navigation Equipment’s highest export potential is United Arab Emirates. With an export gap of $377k.   Navigation Equipment’s highest import potential is China with an import gap of $758k.

See methodology.

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