2022
Exports
$8.07kWorld Rnk 135 / 162
Flag Rnk 885 / 1042
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$85.9kWorld Rnk 106 / 185
Flag Rnk 1009 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $8.07k in Precious Stones, making it the 135th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 885th most exported product in Oman. The main destination of Precious Stones exports from Oman are: Bahrain ($3.73k), Hong Kong ($1.99k), Egypt ($1.63k), Thailand ($453), and Iran ($260).

The fastest growing export markets for Precious Stones of Oman between 2021 and 2022 were Egypt ($1.63k), Bahrain ($389), and Iran ($260).

Imports In 2022, Oman imported $85.9k in Precious Stones, becoming the 106th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 1009th most imported product in Oman. Oman imports Precious Stones primarily from: United Arab Emirates ($49k), Tanzania ($15.3k), Thailand ($9.35k), India ($4.45k), and United Kingdom ($3.97k).

The fastest growing import markets in Precious Stones for Oman between 2021 and 2022 were United Arab Emirates ($30.6k), Thailand ($7.09k), and Yemen ($1.87k).

Latest Trends

Nov 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 Precious Stones. 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)$8.07k
IMPORTS (2022)$85.9k
NET TRADE (2022)-$77.8k

In 2022, Oman exported $8.07k in Precious Stones. The main destinations of Oman exports on Precious Stones were Bahrain ($3.73k), Hong Kong ($1.99k), Egypt ($1.63k), Thailand ($453), and Iran ($260).

In 2022, Oman imported $85.9k in Precious Stones, mainly from United Arab Emirates ($49k), Tanzania ($15.3k), Thailand ($9.35k), India ($4.45k), and United Kingdom ($3.97k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Egypt$1.63k (1%)
Bahrain$389 (11.7%)
Iran$260 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Oman WERE (2021 - 2022):
Hong Kong-$5.01k (-71.6%)
Jordan-$3.81k (-100%)
Saudi Arabia-$1.01k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Precious Stones were:
In 2022, Oman's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $3.09k
TOP IMPORT POTENTIALUnited Arab Emirates+ $44k

Precious Stones’s highest export potential is Hong Kong. With an export gap of $3.09k.   Precious Stones’s highest import potential is United Arab Emirates with an import gap of $44k.

See methodology.

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