2022
Exports
$8.79MWorld Rnk 70 / 224
Flag Rnk 176 / 1042
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$335MWorld Rnk 51 / 224
Flag Rnk 17 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $8.79M in Valves, making it the 70th largest exporter of Valves in the world. At the same year, Valves was the 176th most exported product in Oman. The main destination of Valves exports from Oman are: United Arab Emirates ($2.24M), India ($2.07M), United States ($1.07M), Iran ($817k), and Yemen ($630k).

The fastest growing export markets for Valves of Oman between 2021 and 2022 were India ($1.98M), United States ($849k), and Italy ($78.9k).

Imports In 2022, Oman imported $335M in Valves, becoming the 51st largest importer of Valves in the world. At the same year, Valves was the 17th most imported product in Oman. Oman imports Valves primarily from: United Arab Emirates ($102M), China ($59.2M), Italy ($32.2M), India ($20.4M), and Singapore ($13.9M).

The fastest growing import markets in Valves for Oman between 2021 and 2022 were China ($10.1M), Singapore ($7.79M), and Malaysia ($6.04M).

Latest Trends

Oct 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 Valves. 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)$8.79M
IMPORTS (2022)$335M
NET TRADE (2022)-$326M

In 2022, Oman exported $8.79M in Valves. The main destinations of Oman exports on Valves were United Arab Emirates ($2.24M), India ($2.07M), United States ($1.07M), Iran ($817k), and Yemen ($630k).

In 2022, Oman imported $335M in Valves, mainly from United Arab Emirates ($102M), China ($59.2M), Italy ($32.2M), India ($20.4M), and Singapore ($13.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Oman WERE (2021 - 2022):
India$1.98M (2.14k%)
United States$849k (376%)
Italy$78.9k (1.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Oman WERE (2021 - 2022):
United Arab Emirates-$3.61M (-61.7%)
Qatar-$3.35M (-93.9%)
Saudi Arabia-$1.16M (-86.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.77M
TOP IMPORT POTENTIALChina+ $23.8M

Valves’s highest export potential is United States. With an export gap of $1.77M.   Valves’s highest import potential is China with an import gap of $23.8M.

See methodology.

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