Oman-Croatia Bilateral Trade Analysis 2023

Complete trade statistics: $562.45M total volume •Oman surplus: $562.45M

OmanCroatia

$562.45M

Exports (2023)

CroatiaOman

$0

Imports (2023)

Trade Balance

$562.45M

Surplus for Oman

Total Trade

$562.45M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Oman and Croatia. Green line shows exports from Oman, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Oman-Croatia commercial relationship and competitive positioning in global markets.

OmanCroatia Exports

$562.45M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
99.3% top product
1Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas
$558.68M
99.3% of exports
2Aluminium: unwrought, (not alloyed)
$2.51M
0.4% of exports
3Propylene, other olefin polymers: polypropylene in primary forms
$759,030
0.1% of exports
4Poly(ethylene terephthalate): in primary forms, having a viscosity of 78ml/g or higher
$334,962
0.1% of exports
5Perfumes and toilet waters
$134,339
0.0% of exports

🎯 Strategic Export Focus

Oman's export portfolio to Croatia demonstrates strategic specialization, with petroleum gases and other gaseous hydrocarbons: liquefied, natural gas representing a key competitive advantage in this bilateral market.

CroatiaOman Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
$4.82M
Infinity% of imports
2Vehicles: fire fighting vehicles
$2.55M
Infinity% of imports
3Machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products
$2.10M
Infinity% of imports
4Fruit, edible: apples, fresh
$1.05M
Infinity% of imports
5Wood: coniferous species, of fir (Abies spp.) and spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm
$914,046
Infinity% of imports

📦 Import Strategy Analysis

Oman's import pattern from Croatia reveals significant dependencyin vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Oman demonstrates competitive strength in exportingpetroleum gases and other gaseous hydrocarbons: liquefied, natural gas to Croatia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $562.45M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Oman-Croatia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $562.45 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Oman maintains a surplus of $562.45 million
  • Export Focus: Oman's primary exports include petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, aluminium: unwrought, (not alloyed), propylene, other olefin polymers: polypropylene in primary forms
  • Import Dependencies: Key imports from Croatia include vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified, vehicles: fire fighting vehicles, machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $562.45M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Oman leveraging its comparative advantages in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Oman's specialization in petroleum gases and other gaseous hydrocarbons: liquefied, natural gascomplements Croatia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $562.45M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $562.45M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $562.45 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas and vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Oman's trade surplus of $562.45 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in aluminium: unwrought, (not alloyed) present expansion opportunities.
Market Diversification
Beyond current focus on vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Oman and Croatia represents a total trade volume of $562.45 million in 2023. This partnership demonstrates a favorable trade balance for Oman, with exports exceeding importsby $562.45 million.

Export Strengths

Oman's exports to Croatia total $562.45 million, with competitive advantages in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, representing $558.68M or99.3% of bilateral exports.

Import Dependencies

Imports from Croatia amount to $0.00, highlighting economic interdependence in vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified, with Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Oman's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Oman and Croatia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023