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2022
Flag → Flag
Exports $460MRnk 48 / 215
2022
Flag → Flag
Top Product $260MRefined Petroleum
2022
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Exports $561MRnk 17 / 171
2022
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Top Product $159MRaw Iron Bars
2022
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Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
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Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
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GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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 $82,808CURRENT US$
Rnk 7 / 186
2012-2022
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GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 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

Singapore-Oman In 2022, Singapore exported $460M to Oman. The main products that Singapore exported to Oman are Refined Petroleum ($260M), Antiknock ($32.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($21.5M). During the last 27 years the exports of Singapore to Oman have increased at an annualized rate of 8.36%, from $52.6M in 1995 to $460M in 2022.

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

Oman-Singapore In 2022, Oman exported $561M to Singapore. The main products that Oman exported to Singapore were Raw Iron Bars ($159M), Refined Petroleum ($87.1M), and Ammonia ($40.8M). During the last 27 years the exports of Oman to Singapore have increased at an annualized rate of 3.48%, from $223M in 1995 to $561M in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $460M to Oman. The main products exported from Singapore to Oman were Refined Petroleum ($260M), Antiknock ($32.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($21.5M). During the last 27 years the exports of Singapore to Oman have increased at an annualized rate of 8.36%, from $52.6M in 1995 to $460M in 2022.

In 2022, Oman exported $561M to Singapore. The main products exported from Oman to Singapore were Raw Iron Bars ($159M), Refined Petroleum ($87.1M), and Ammonia ($40.8M). During the last 27 years the exports of Oman to Singapore have increased at an annualized rate of 3.48%, from $223M in 1995 to $561M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Oman (Flag)

Singapore Exports

Oman Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Oman
Top DestinationChina$30.4B

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

In 2021, countries that imported more from Singapore than Oman were Hong Kong ($51.6B), Malaysia ($35.9B), and United States ($28.9B).

In 2021, countries that imported more from Oman than Singapore were Saudi Arabia ($2.4B), Turkey ($1.43B), and Iran ($539M).

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

Comparative Advantage Singapore - Oman

Flow
Scale

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

During 2022, Singapore had a large net trade with Oman in the exports of Mineral Products ($260M), Chemical Products ($69.3M), and Machines ($44.8M).

During 2022, Oman had a large net trade with Singapore in the exports of Metals ($255M), Mineral Products ($130M), and Chemical Products ($106M).

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

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

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