2022
Exports
$49.7MWorld Rnk 76 / 226
Flag Rnk 40 / 96
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$346MWorld Rnk 72 / 226
Flag Rnk 27 / 96
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $49.7M in Rubber & articles thereof, making it the 76th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 40th most exported product in Oman. The main destination of Rubber & articles thereof exports from Oman are: Saudi Arabia ($18.4M), United Arab Emirates ($11.4M), India ($4.63M), Somalia ($4.1M), and Iran ($2.68M).

The fastest growing export markets for Rubber & articles thereof of Oman between 2021 and 2022 were Saudi Arabia ($8.04M), India ($3.19M), and Hong Kong ($1.23M).

Imports In 2022, Oman imported $346M in Rubber & articles thereof, becoming the 72nd largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 27th most imported product in Oman. Oman imports Rubber & articles thereof primarily from: China ($102M), United Arab Emirates ($81.1M), Japan ($33.4M), India ($16.1M), and Singapore ($15.5M).

The fastest growing import markets in Rubber & articles thereof for Oman between 2021 and 2022 were China ($14.6M), Singapore ($3.89M), and Malaysia ($2.46M).

COMPANIES In 2023, leading companies such as Yokohama Industries (1) were at the forefront of shipping Rubber & articles thereof from Oman to the United States.

Latest Trends

Jul 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 Rubber & articles thereof. 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)$49.7M
IMPORTS (2022)$346M
NET TRADE (2022)-$296M

In 2022, Oman exported $49.7M in Rubber & articles thereof. The main destinations of Oman exports on Rubber & articles thereof were Saudi Arabia ($18.4M), United Arab Emirates ($11.4M), India ($4.63M), Somalia ($4.1M), and Iran ($2.68M).

In 2022, Oman imported $346M in Rubber & articles thereof, mainly from China ($102M), United Arab Emirates ($81.1M), Japan ($33.4M), India ($16.1M), and Singapore ($15.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Saudi Arabia$8.04M (78%)
India$3.19M (222%)
Hong Kong$1.23M (91.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Oman WERE (2021 - 2022):
Qatar-$4.67M (-78.9%)
Yemen-$2.6M (-57.5%)
United Arab Emirates-$2.3M (-16.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Oman's main importing competitors in Rubber & articles thereof were:

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $3.71M
TOP IMPORT POTENTIALChina+ $19.7M

Rubber & articles thereof’s highest export potential is United Arab Emirates. With an export gap of $3.71M.   Rubber & articles thereof’s highest import potential is China with an import gap of $19.7M.

See methodology.

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