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2022
Exports $543kWorld Rnk 52 / 126
Flag Rnk 469 / 1042
2022
Destination $404k India
2021 - 2022
FASTEST GROWING MARKET $404kIndia
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire1.38Rnk 74 / 1025
2022
Imports $5.36MWorld Rnk 51 / 202
Flag Rnk 507 / 1175
2022
Origin $493k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $493kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Oman-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $543k in Stainless Steel Wire, making it the 52nd largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 469th most exported product in Oman. The main destination of Stainless Steel Wire exports from Oman are: India ($437k), Pakistan ($82.7k), United Arab Emirates ($12.8k), Somalia ($3.52k), and Tanzania ($3.46k).

The fastest growing export markets for Stainless Steel Wire of Oman between 2021 and 2022 were India ($404k), Pakistan ($82.7k), and Somalia ($3.52k).

Imports In 2022, Oman imported $5.36M in Stainless Steel Wire, becoming the 51st largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 507th most imported product in Oman. Oman imports Stainless Steel Wire primarily from: United Arab Emirates ($3.57M), China ($422k), Singapore ($393k), Romania ($228k), and Bahrain ($151k).

The fastest growing import markets in Stainless Steel Wire for Oman between 2021 and 2022 were United Arab Emirates ($493k), Singapore ($307k), and Romania ($204k).

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 Stainless Steel Wire. 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)$543k
IMPORTS (2022)$5.36M
NET TRADE (2022)-$4.81M

In 2022, Oman exported $543k in Stainless Steel Wire. The main destinations of Oman exports on Stainless Steel Wire were India ($437k), Pakistan ($82.7k), United Arab Emirates ($12.8k), Somalia ($3.52k), and Tanzania ($3.46k).

In 2022, Oman imported $5.36M in Stainless Steel Wire, mainly from United Arab Emirates ($3.57M), China ($422k), Singapore ($393k), Romania ($228k), and Bahrain ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Oman WERE (2021 - 2022):
India$404k (1.21k%)
Pakistan$82.7k (1%)
Somalia$3.52k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Oman WERE (2021 - 2022):
United Arab Emirates-$151k (-92.2%)
Yemen-$10.5k (-96.4%)
Ireland-$3.89k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in Stainless Steel Wire were:
India $526M
China $429M
South Korea $291M
In 2022, Oman's main importing competitors in Stainless Steel Wire were:
Germany $435M
United States $345M
Italy $226M

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $21.2k
TOP IMPORT POTENTIALChina+ $269k

Stainless Steel Wire’s highest export potential is United Arab Emirates. With an export gap of $21.2k.   Stainless Steel Wire’s highest import potential is China with an import gap of $269k.

See methodology.

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