2022
Exports
$22.1kWorld Rnk 79 / 168
Flag Rnk 803 / 1042
2022
PRODUCT COMPLEXITY IN String Instruments
0.51Rnk 362 / 1025
2022
Imports
$327kWorld Rnk 102 / 209
Flag Rnk 906 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $22.1k in String Instruments, making it the 79th largest exporter of String Instruments in the world. At the same year, String Instruments was the 803rd most exported product in Oman. The main destination of String Instruments exports from Oman are: Saudi Arabia ($12.5k), Yemen ($3.02k), Iran ($2.29k), United Arab Emirates ($2.18k), and Kuwait ($1.72k).

The fastest growing export markets for String Instruments of Oman between 2021 and 2022 were Yemen ($2.87k), Iran ($2.29k), and Kuwait ($1.44k).

Imports In 2022, Oman imported $327k in String Instruments, becoming the 102nd largest importer of String Instruments in the world. At the same year, String Instruments was the 906th most imported product in Oman. Oman imports String Instruments primarily from: United Arab Emirates ($126k), China ($98.6k), Bahrain ($33.9k), Germany ($21.5k), and Netherlands ($18k).

The fastest growing import markets in String Instruments for Oman between 2021 and 2022 were China ($68.8k), Bahrain ($27.1k), and Netherlands ($6.41k).

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 String Instruments. 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)$22.1k
IMPORTS (2022)$327k
NET TRADE (2022)-$304k

In 2022, Oman exported $22.1k in String Instruments. The main destinations of Oman exports on String Instruments were Saudi Arabia ($12.5k), Yemen ($3.02k), Iran ($2.29k), United Arab Emirates ($2.18k), and Kuwait ($1.72k).

In 2022, Oman imported $327k in String Instruments, mainly from United Arab Emirates ($126k), China ($98.6k), Bahrain ($33.9k), Germany ($21.5k), and Netherlands ($18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Yemen$2.87k (1.9k%)
Iran$2.29k (1%)
Kuwait$1.44k (529%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Oman WERE (2021 - 2022):
Qatar-$53k (-100%)
Saudi Arabia-$4.93k (-28.4%)
United Arab Emirates-$4.37k (-66.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Oman's main exporting competitors in String Instruments were:
In 2022, Oman's main importing competitors in String Instruments were:

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $3.12k
TOP IMPORT POTENTIALChina+ $61.6k

String Instruments’s highest export potential is United Arab Emirates. With an export gap of $3.12k.   String Instruments’s highest import potential is China with an import gap of $61.6k.

See methodology.

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