2023
Exports
$2.17MWorld Rnk 81 / 198
Flag Rnk 293 / 1051
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$27MWorld Rnk 30 / 224
Flag Rnk 219 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $2.17M in Spices, making it the 81st largest exporter of Spices in the world. At the same year, Spices was the 293rd most exported product in Oman. The main destination of Spices exports from Oman are: Saudi Arabia ($485k), Somalia ($449k), United Arab Emirates ($342k), Qatar ($295k), and India ($187k).

The fastest growing export markets for Spices of Oman between 2022 and 2023 were United Arab Emirates ($302k), Somalia ($299k), and Pakistan ($94.7k).

Imports In 2023, Oman imported $27M in Spices, becoming the 30th largest importer of Spices in the world. At the same year, Spices was the 219th most imported product in Oman. Oman imports Spices primarily from: N/A.

The fastest growing import markets in Spices for Oman between 2022 and 2023 were Sri Lanka ($1.26M), China ($916k), and Iran ($606k).

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 Spices. 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)$2.17M
IMPORTS (2023)$27M
NET TRADE (2023)-$24.9M

In 2023, Oman exported $2.17M in Spices. The main destinations of Oman exports on Spices were Saudi Arabia ($485k), Somalia ($449k), United Arab Emirates ($342k), Qatar ($295k), and India ($187k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Oman WERE (2022 - 2023):
Somalia$299k (199%)
Pakistan$94.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Oman WERE (2022 - 2023):
Saudi Arabia-$973k (-66.7%)
Spain-$545k (-100%)
Qatar-$270k (-47.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $271k
TOP IMPORT POTENTIALIndia+ $983k

Spices’s highest export potential is Saudi Arabia. With an export gap of $271k.   Spices’s highest import potential is India with an import gap of $983k.

See methodology.

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