2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Armenia-Oman In 2022, Armenia exported $27.6k to Oman. The main products that Armenia exported to Oman are Fuel Wood ($12.1k), Other Fruits ($10.5k), and Knit Women's Suits ($4.98k). During the last 27 years the exports of Armenia to Oman have decreased at an annualized rate of 1.65%, from $43.2k in 1995 to $27.6k in 2022.

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

Oman-Armenia In 2022, Oman exported $242k to Armenia. The main products that Oman exported to Armenia were Polyacetals ($142k), Building Stone ($64.4k), and Delivery Trucks ($20.2k). During the last 27 years the exports of Oman to Armenia have decreased at an annualized rate of 1.01%, from $318k in 1995 to $242k in 2022.

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

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $27.6k to Oman. The main products exported from Armenia to Oman were Fuel Wood ($12.1k), Other Fruits ($10.5k), and Knit Women's Suits ($4.98k). During the last 27 years the exports of Armenia to Oman have decreased at an annualized rate of 1.65%, from $43.2k in 1995 to $27.6k in 2022.

In 2022, Oman exported $242k to Armenia. The main products exported from Oman to Armenia were Polyacetals ($142k), Building Stone ($64.4k), and Delivery Trucks ($20.2k). During the last 27 years the exports of Oman to Armenia have decreased at an annualized rate of 1.01%, from $318k in 1995 to $242k in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Oman (Flag)

Armenia Exports

Oman Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Oman
Top Destination
China$30.4B

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

In 2021, countries that imported more from Armenia than Oman were Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

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

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

Comparative Advantage Armenia - Oman

Flow
Scale

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

During 2022, Armenia had a large net trade with Oman in the exports of Wood Products ($12.1k), Vegetable Products ($10.5k), and Textiles ($4.98k).

During 2022, Oman had a large net trade with Armenia in the exports of Plastics and Rubbers ($142k), Stone And Glass ($64.4k), and Transportation ($20.2k).

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 Armenia has comparative advantage over Oman. Similarly, the more yellow a dot/product is, the more Oman has comparative advantage over Armenia.

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

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