2022
Exports
$1.32BWorld Rnk 42 / 214
Flag Rnk 7 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$1.71BWorld Rnk 42 / 225
Flag Rnk 5 / 96
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $1.32B in Organic chemicals, making it the 42nd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 7th most exported product in Oman. The main destination of Organic chemicals exports from Oman are: China ($439M), India ($165M), Malaysia ($161M), Indonesia ($128M), and South Korea ($109M).

The fastest growing export markets for Organic chemicals of Oman between 2021 and 2022 were Malaysia ($100M), Indonesia ($29M), and Thailand ($25.2M).

Imports In 2022, Oman imported $1.71B in Organic chemicals, becoming the 42nd largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 5th most imported product in Oman. Oman imports Organic chemicals primarily from: Saudi Arabia ($559M), China ($378M), India ($134M), Thailand ($103M), and Qatar ($99.8M).

The fastest growing import markets in Organic chemicals for Oman between 2021 and 2022 were Saudi Arabia ($422M), China ($154M), and India ($57.3M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) and NOURYON FUNCTIONAL CHEMICALS LLC (1) were at the forefront of shipping Organic chemicals from Oman to the United States.

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 Organic chemicals. 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)$1.32B
IMPORTS (2022)$1.71B
NET TRADE (2022)-$390M

In 2022, Oman exported $1.32B in Organic chemicals. The main destinations of Oman exports on Organic chemicals were China ($439M), India ($165M), Malaysia ($161M), Indonesia ($128M), and South Korea ($109M).

In 2022, Oman imported $1.71B in Organic chemicals, mainly from Saudi Arabia ($559M), China ($378M), India ($134M), Thailand ($103M), and Qatar ($99.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Malaysia$100M (164%)
Indonesia$29M (29.4%)
Thailand$25.2M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Oman WERE (2021 - 2022):
Singapore-$246M (-91.6%)
China-$146M (-25%)
Chinese Taipei-$62.5M (-47.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Organic chemicals were:
In 2022, Oman's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $166M
TOP IMPORT POTENTIALIndia+ $8.9M

Organic chemicals’s highest export potential is China. With an export gap of $166M.   Organic chemicals’s highest import potential is India with an import gap of $8.9M.

See methodology.

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