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2022
Flag → Flag
Exports $160MRnk 41 / 171
2022
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Top Product $47.9MPrecious Metal Watches
2022
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Exports $35.6MRnk 94 / 198
2022
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Top Product $19.1MGas Turbines
2022
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Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
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$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH37%CURRENT US$
Rnk 89 / 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
2022
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GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Oman-Hong Kong In 2022, Oman exported $160M to Hong Kong. The main products that Oman exported to Hong Kong are 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.

Hong Kong-Oman In 2022, Hong Kong exported $35.6M to Oman. The main products that Hong Kong exported 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, Hong Kong did not export any services to Oman.

Comparison In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

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

Oman Exports

Hong Kong Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Hong Kong
Top DestinationChina$23.4B

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

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

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

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

Comparative Advantage Oman - Hong Kong

Flow
Scale

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

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).

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).

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

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

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