2022
Exports
$12.7BWorld Rnk 14 / 160
Flag Rnk 2 / 1042
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$285MWorld Rnk 73 / 222
Flag Rnk 22 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $12.7B in Petroleum Gas, making it the 14th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Oman. The main destination of Petroleum Gas exports from Oman are: South Korea ($4.05B), China ($3.43B), Japan ($1.61B), India ($1.09B), and Thailand ($955M).

The fastest growing export markets for Petroleum Gas of Oman between 2021 and 2022 were South Korea ($2.04B), China ($909M), and Japan ($779M).

Imports In 2022, Oman imported $285M in Petroleum Gas, becoming the 73rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 22nd most imported product in Oman. Oman imports Petroleum Gas primarily from: Iraq ($189M), Bahrain ($22.1M), Saudi Arabia ($14.8M), Maldives ($14.3M), and India ($13.7M).

The fastest growing import markets in Petroleum Gas for Oman between 2021 and 2022 were Iraq ($187M), Bahrain ($22.1M), and Saudi Arabia ($14.2M).

Latest Trends

Sep 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 Petroleum Gas. 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)$12.7B
IMPORTS (2022)$285M
NET TRADE (2022)$12.4B

In 2022, Oman exported $12.7B in Petroleum Gas. The main destinations of Oman exports on Petroleum Gas were South Korea ($4.05B), China ($3.43B), Japan ($1.61B), India ($1.09B), and Thailand ($955M).

In 2022, Oman imported $285M in Petroleum Gas, mainly from Iraq ($189M), Bahrain ($22.1M), Saudi Arabia ($14.8M), Maldives ($14.3M), and India ($13.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Oman WERE (2021 - 2022):
South Korea$2.04B (102%)
China$909M (36.1%)
Japan$779M (93.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Oman WERE (2021 - 2022):
Pakistan-$55.4M (-58.5%)
Philippines-$12.2M (-100%)
Belgium-$9.5M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Petroleum Gas were:
In 2022, Oman's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.72B
TOP IMPORT POTENTIALUnited Arab Emirates+ $15.9M

Petroleum Gas’s highest export potential is China. With an export gap of $2.72B.   Petroleum Gas’s highest import potential is United Arab Emirates with an import gap of $15.9M.

See methodology.

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