2023
Exports
$705kWorld Rnk 63 / 125
Flag Rnk 429 / 1051
2023
PRODUCT COMPLEXITY IN Steam Turbines
0.32Rnk 453 / 1025
2023
Imports
$14.1MWorld Rnk 45 / 186
Flag Rnk 310 / 1178
2023
ECONOMIC COMPLEXITY of Oman
-0.32Rnk 76 / 132

About

Exports In 2023, Oman exported $705k in Steam Turbines, making it the 63rd largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 429th most exported product in Oman. The main destination of Steam Turbines exports from Oman are: United Kingdom ($570k), United Arab Emirates ($128k), Saudi Arabia ($5.52k), Malaysia ($697), and India ($388).

The fastest growing export markets for Steam Turbines of Oman between 2022 and 2023 were United Kingdom ($570k), Saudi Arabia ($5.52k), and Malaysia ($697).

Imports In 2023, Oman imported $14.1M in Steam Turbines, becoming the 45th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 310th most imported product in Oman. Oman imports Steam Turbines primarily from: Italy ($4.44M), Belgium ($1.98M), United Kingdom ($1.82M), Germany ($1.62M), and Luxembourg ($816k).

The fastest growing import markets in Steam Turbines for Oman between 2022 and 2023 were Italy ($3.95M), Belgium ($1.98M), and Germany ($1.14M).

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 Steam Turbines. 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)$705k
IMPORTS (2023)$14.1M
NET TRADE (2023)-$13.4M

In 2023, Oman exported $705k in Steam Turbines. The main destinations of Oman exports on Steam Turbines were United Kingdom ($570k), United Arab Emirates ($128k), Saudi Arabia ($5.52k), Malaysia ($697), and India ($388).

In 2023, Oman imported $14.1M in Steam Turbines, mainly from Italy ($4.44M), Belgium ($1.98M), United Kingdom ($1.82M), Germany ($1.62M), and Luxembourg ($816k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Oman WERE (2022 - 2023):
United Kingdom$570k (1%)
Saudi Arabia$5.52k (1%)
Malaysia$697 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Oman WERE (2022 - 2023):
Iran-$404k (-100%)
Germany-$335k (-100%)
United Arab Emirates-$78k (-37.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $57.4k
TOP IMPORT POTENTIALJapan+ $327k

Steam Turbines’s highest export potential is United Arab Emirates. With an export gap of $57.4k.   Steam Turbines’s highest import potential is Japan with an import gap of $327k.

See methodology.

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