2022
Exports
$258kWorld Rnk 68 / 200
Flag Rnk 560 / 1042
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$3.61MWorld Rnk 88 / 219
Flag Rnk 571 / 1175
2022
ECONOMIC COMPLEXITY of Oman
-0.19Rnk 75 / 133

About

Exports In 2022, Oman exported $258k in Wrenches, making it the 68th largest exporter of Wrenches in the world. At the same year, Wrenches was the 560th most exported product in Oman. The main destination of Wrenches exports from Oman are: United Arab Emirates ($117k), Germany ($48.3k), Sweden ($43.4k), Kuwait ($18.3k), and United States ($8.75k).

The fastest growing export markets for Wrenches of Oman between 2021 and 2022 were Sweden ($43.4k), Germany ($19.4k), and Kuwait ($17.6k).

Imports In 2022, Oman imported $3.61M in Wrenches, becoming the 88th largest importer of Wrenches in the world. At the same year, Wrenches was the 571st most imported product in Oman. Oman imports Wrenches primarily from: United Arab Emirates ($1.29M), Netherlands ($774k), China ($519k), United States ($265k), and Qatar ($146k).

The fastest growing import markets in Wrenches for Oman between 2021 and 2022 were Netherlands ($736k), United Arab Emirates ($250k), and United States ($136k).

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 Wrenches. 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)$258k
IMPORTS (2022)$3.61M
NET TRADE (2022)-$3.35M

In 2022, Oman exported $258k in Wrenches. The main destinations of Oman exports on Wrenches were United Arab Emirates ($117k), Germany ($48.3k), Sweden ($43.4k), Kuwait ($18.3k), and United States ($8.75k).

In 2022, Oman imported $3.61M in Wrenches, mainly from United Arab Emirates ($1.29M), Netherlands ($774k), China ($519k), United States ($265k), and Qatar ($146k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Oman WERE (2021 - 2022):
Sweden$43.4k (1%)
Germany$19.4k (67.1%)
Kuwait$17.6k (2.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Oman WERE (2021 - 2022):
Qatar-$10.7k (-90.4%)
Bahrain-$10.6k (-79.9%)
Tanzania-$4.83k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $43.1k
TOP IMPORT POTENTIALChina+ $471k

Wrenches’s highest export potential is United Arab Emirates. With an export gap of $43.1k.   Wrenches’s highest import potential is China with an import gap of $471k.

See methodology.

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