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2022
Flag → Flag
Exports $289MRnk 84 / 218
2022
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Top Product $23.7MPetroleum Coke
2022
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Exports $496MRnk 20 / 171
2022
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Top Product $341MPetroleum Gas
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Spain-Oman In 2022, Spain exported $289M to Oman. The main products that Spain exported to Oman are Petroleum Coke ($23.7M), Cars ($20.9M), and Explosive Ammunition ($16.9M). During the last 27 years the exports of Spain to Oman have increased at an annualized rate of 9.68%, from $23.9M in 1995 to $289M in 2022.

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

Oman-Spain In 2022, Oman exported $496M to Spain. The main products that Oman exported to Spain were Petroleum Gas ($341M), Coin ($55.8M), and Nitrogenous Fertilizers ($13.4M). During the last 27 years the exports of Oman to Spain have increased at an annualized rate of 20.9%, from $2.96M in 1995 to $496M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €10.7M and imported €2.53M from Oman, resulting in a positive trade balance of €8.13M. Between February 2023 and February 2024 the exports of Spain have decreased by €-596k (-5.3%) from €11.3M to €10.7M, while imports decreased by €-7.38M (-74.5%) from €9.91M to €2.53M.

Trade In February 2024, the top exports of Spain to Oman were Liquid Pumps (€1.48M), Other Uncoated Paper (€1.23M), Reaction and Catalytic Products (€971k), Low-voltage Protection Equipment (€749k), and Unglazed Ceramics (€639k). In February 2024 the top imports of Spain from Oman were Ammonia (€12.4M), Non-fillet Frozen Fish (€2.56M), Aluminium Wire (€1.14M), Insulated Wire (€1.13M), and Stranded Aluminium Wire (€667k).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€1.86M), Granada (€1.54M), Madrid (€909k), Sevilla (€874k), and Asturias (€863k), while imports destinations were mainly Barcelona (€1.28M), Madrid (€631k), Alicante (€353k), and Zaragoza (€4.94k).

Growth In February 2024, the decrease in Spain's year-by-year exports to Oman was explained primarily by an decrease in product exports in Polycarboxylic Acids (€-1.22M or -82.7%), Valves (€-585k or -75.7%), and Gas and Liquid Flow Measuring Instruments (€-506k or -94.8%). In February 2024, the decrease in Spain's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in Raw Plastic Sheeting (€-779k or -95.8%), Propylene Polymers (€-625k or -62.7%), and Molluscs (€-237k or -63.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€-596k(-5.3%)
IMPORT GROWTH (February 2023 - February 2024)€-7.38M(-74.5%)
MAIN EXPORTER (February 2024)Barcelona€1.86M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Oman and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $289M to Oman. The main products exported from Spain to Oman were Petroleum Coke ($23.7M), Cars ($20.9M), and Explosive Ammunition ($16.9M). During the last 27 years the exports of Spain to Oman have increased at an annualized rate of 9.68%, from $23.9M in 1995 to $289M in 2022.

In 2022, Oman exported $496M to Spain. The main products exported from Oman to Spain were Petroleum Gas ($341M), Coin ($55.8M), and Nitrogenous Fertilizers ($13.4M). During the last 27 years the exports of Oman to Spain have increased at an annualized rate of 20.9%, from $2.96M in 1995 to $496M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Oman
Top DestinationChina$30.4B

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

In 2021, countries that imported more from Spain than Oman were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Oman

Flow
Scale

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

During 2022, Spain had a large net trade with Oman in the exports of Machines ($52.8M), Transportation ($43.5M), and Chemical Products ($34.4M).

During 2022, Oman had a large net trade with Spain in the exports of Mineral Products ($344M), Precious Metals ($55.8M), and Chemical Products ($24.3M).

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

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

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