2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Hong Kong-Oman In 2022, Hong Kong exported $35.6M to Oman. The main products that Hong Kong exported to Oman are Gas Turbines ($19.1M), Other Plastic Products ($4.39M), and Broadcasting Equipment ($2.19M). During the last 27 years the exports of Hong Kong to Oman have decreased at an annualized rate of 0.33%, from $39M in 1995 to $35.6M in 2022.

In 2022, Hong Kong did not export any services to Oman.

Oman-Hong Kong In 2022, Oman exported $160M to Hong Kong. The main products that Oman exported to Hong Kong were Precious Metal Watches ($47.9M), Raw Iron Bars ($23.3M), and Gas Turbines ($15.9M). During the last 27 years the exports of Oman to Hong Kong have decreased at an annualized rate of 0.22%, from $170M in 1995 to $160M in 2022.

In 2022, Oman did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $35.6M to Oman. The main products exported from Hong Kong to Oman were Gas Turbines ($19.1M), Other Plastic Products ($4.39M), and Broadcasting Equipment ($2.19M). During the last 27 years the exports of Hong Kong to Oman have decreased at an annualized rate of 0.33%, from $39M in 1995 to $35.6M in 2022.

In 2022, Oman exported $160M to Hong Kong. The main products exported from Oman to Hong Kong were Precious Metal Watches ($47.9M), Raw Iron Bars ($23.3M), and Gas Turbines ($15.9M). During the last 27 years the exports of Oman to Hong Kong have decreased at an annualized rate of 0.22%, from $170M in 1995 to $160M in 2022.

Exports from Hong Kong (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Oman (Flag)

Hong Kong Exports

Oman Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Oman
Top Destination
China$30.4B

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

In 2021, countries that imported more from Hong Kong than Oman were India ($14.3B), Netherlands ($6.56B), and Switzerland ($4.11B).

In 2021, countries that imported more from Oman than Hong Kong were China ($30.4B), South Korea ($4.64B), and Saudi Arabia ($2.4B).

Difference in imports from Oman (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Oman

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Oman in the exports of Machines ($26.1M), Plastics and Rubbers ($4.48M), and Transportation ($1.13M).

During 2022, Oman had a large net trade with Hong Kong in the exports of Instruments ($56.4M), Machines ($41.5M), and Metals ($27.1M).

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

Product Space of Hong Kong (Flag) and Oman (Flag) (2022)

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