2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Oman-Madagascar In 2022, Oman exported $337M to Madagascar. The main products that Oman exported to Madagascar are Refined Petroleum ($321M), Cement ($7.45M), and Antiknock ($5.39M). During the last 24 years the exports of Oman to Madagascar have increased at an annualized rate of 32.5%, from $389k in 1998 to $337M in 2022.

In 2022, Oman did not export any services to Madagascar.

Madagascar-Oman In 2022, Madagascar exported $1.33M to Oman. The main products that Madagascar exported to Oman were Dried Legumes ($456k), Cloves ($250k), and Other Vegetable Fibers Yarn ($107k). During the last 24 years the exports of Madagascar to Oman have increased at an annualized rate of 15.2%, from $44.8k in 1998 to $1.33M in 2022.

In 2022, Madagascar did not export any services to Oman.

Comparison In 2022,  Oman ranked 68 in the Economic Complexity Index (ECI -0.15), and 50 in total exports ($76.4B). That same year, Madagascar ranked 108 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $337M to Madagascar. The main products exported from Oman to Madagascar were Refined Petroleum ($321M), Cement ($7.45M), and Antiknock ($5.39M). During the last 24 years the exports of Oman to Madagascar have increased at an annualized rate of 32.5%, from $389k in 1998 to $337M in 2022.

In 2022, Madagascar exported $1.33M to Oman. The main products exported from Madagascar to Oman were Dried Legumes ($456k), Cloves ($250k), and Other Vegetable Fibers Yarn ($107k). During the last 25 years the exports of Madagascar to Oman have increased at an annualized rate of 15.2%, from $44.8k in 1997 to $1.33M in 2022.

Exports from Oman (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Oman (Flag) (2022)

Latest Data

Trade between Oman (Flag) and Madagascar (Flag)

Oman Exports

Madagascar Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Madagascar
Top Destination
United States$756M

This map shows whether countries import more from Oman or Madagascar. Each country is colored based on the difference in imports they receive from Oman and Madagascar or the difference in the growth in imports.

In 2021, countries that imported more from Oman than Madagascar were China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2021, countries that imported more from Madagascar than Oman were France ($634M), Germany ($162M), and Canada ($126M).

Difference in imports from Madagascar (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Madagascar

Flow
Scale

This chart compares trade between Oman and Madagascar by product, considering products traded by both, Oman and Madagascar.

During 2022, Oman had a large net trade with Madagascar in the exports of Mineral Products ($329M), Chemical Products ($5.39M), and Plastics and Rubbers ($1.18M).

During 2022, Madagascar had a large net trade with Oman in the exports of Vegetable Products ($913k), Textiles ($296k), and Mineral Products ($118k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Oman has comparative advantage over Madagascar. Similarly, the more yellow a dot/product is, the more Madagascar has comparative advantage over Oman.

Product Space of Oman (Flag) and Madagascar (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with