2023
Exports
$21.4MWorld Rnk 64 / 147
Flag Rnk 108 / 1051
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$123MWorld Rnk 36 / 184
Flag Rnk 58 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $21.4M in Refined Copper, making it the 64th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 108th most exported product in Oman. The main destination of Refined Copper exports from Oman are: United Arab Emirates ($19.3M), China ($1.75M), India ($270k), Saudi Arabia ($6.63k), and Yemen ($1.3k).

The fastest growing export markets for Refined Copper of Oman between 2022 and 2023 were United Arab Emirates ($19.3M), India ($270k), and Saudi Arabia ($6.63k).

Imports In 2023, Oman imported $123M in Refined Copper, becoming the 36th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 58th most imported product in Oman. Oman imports Refined Copper primarily from: Tanzania ($74M), United Arab Emirates ($24.5M), Mozambique ($18.4M), Chile ($4.13M), and South Africa ($1.62M).

The fastest growing import markets in Refined Copper for Oman between 2022 and 2023 were Tanzania ($31.4M), Mozambique ($17.4M), and Chile ($4.13M).

Latest Trends

Dec 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 Refined Copper. 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)$21.4M
IMPORTS (2023)$123M
NET TRADE (2023)-$102M

In 2023, Oman exported $21.4M in Refined Copper. The main destinations of Oman exports on Refined Copper were United Arab Emirates ($19.3M), China ($1.75M), India ($270k), Saudi Arabia ($6.63k), and Yemen ($1.3k).

In 2023, Oman imported $123M in Refined Copper, mainly from Tanzania ($74M), United Arab Emirates ($24.5M), Mozambique ($18.4M), Chile ($4.13M), and South Africa ($1.62M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Oman WERE (2022 - 2023):
United Arab Emirates$19.3M (256k%)
India$270k (273k%)
Saudi Arabia$6.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Oman WERE (2022 - 2023):
China-$1.2M (-40.7%)
Kuwait-$27.4k (-100%)
Iraq-$986 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Oman's main exporting competitors in Refined Copper were:
In 2023, Oman's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.5M
TOP IMPORT POTENTIALRussia+ $2.65M

Refined Copper’s highest export potential is China. With an export gap of $3.5M.   Refined Copper’s highest import potential is Russia with an import gap of $2.65M.

See methodology.

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