2022
Exports
$3.02MWorld Rnk 68 / 194
Flag Rnk 264 / 1042
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$25.5MWorld Rnk 30 / 223
Flag Rnk 244 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $3.02M in Spices, making it the 68th largest exporter of Spices in the world. At the same year, Spices was the 264th most exported product in Oman. The main destination of Spices exports from Oman are: Saudi Arabia ($1.46M), Qatar ($586k), Spain ($545k), Somalia ($150k), and India ($118k).

The fastest growing export markets for Spices of Oman between 2021 and 2022 were Spain ($545k), Saudi Arabia ($457k), and Qatar ($264k).

Imports In 2022, Oman imported $25.5M in Spices, becoming the 30th largest importer of Spices in the world. At the same year, Spices was the 244th most imported product in Oman. Oman imports Spices primarily from: United Arab Emirates ($10.3M), India ($5.74M), China ($2.92M), Iran ($1.31M), and Pakistan ($1.18M).

The fastest growing import markets in Spices for Oman between 2021 and 2022 were United Arab Emirates ($2.2M), Bangladesh ($978k), and Kuwait ($322k).

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 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 (2022)$3.02M
IMPORTS (2022)$25.5M
NET TRADE (2022)-$22.5M

In 2022, Oman exported $3.02M in Spices. The main destinations of Oman exports on Spices were Saudi Arabia ($1.46M), Qatar ($586k), Spain ($545k), Somalia ($150k), and India ($118k).

In 2022, Oman imported $25.5M in Spices, mainly from United Arab Emirates ($10.3M), India ($5.74M), China ($2.92M), Iran ($1.31M), and Pakistan ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Spain$545k (1%)
Saudi Arabia$457k (45.7%)
Qatar$264k (81.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Oman WERE (2021 - 2022):
India-$4.24M (-97.3%)
Yemen-$299k (-89.9%)
Mauritania-$53.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Spices were:
In 2022, 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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