Oman-Türkiye Bilateral Trade Analysis 2023
Complete trade statistics: $1.58B total volume •Oman surplus: $547.45M
Oman → Türkiye
$1.06B
Exports (2023)
Türkiye → Oman
$515.37M
Imports (2023)
Trade Balance
$547.45M
Surplus for Oman
Total Trade
$1.58B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Oman and Türkiye. 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-Türkiye commercial relationship and competitive positioning in global markets.
Oman → Türkiye Exports
Export Market Intelligence
🎯 Strategic Export Focus
Oman's export portfolio to Türkiye demonstrates strategic specialization, with fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution representing a key competitive advantage in this bilateral market.
Türkiye → Oman Imports
Import Dependency Profile
📦 Import Strategy Analysis
Oman's import pattern from Türkiye reveals significant dependencyin cereals: maize (corn), other than seed, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Oman demonstrates competitive strength in exportingfertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution to Türkiye, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.58B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Oman-Türkiye Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.58 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Oman maintains a surplus of $547.45 million
- Export Focus: Oman's primary exports include fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (including square) cross-section, width less than twice thickness, aluminium: unwrought, (not alloyed)
- Import Dependencies: Key imports from Türkiye include cereals: maize (corn), other than seed, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, turbo-jets: of a thrust exceeding 25kn
Strategic Trade Indicators
📈 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 $1.58B 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 fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution.
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
Comparative Advantage
Oman's specialization in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solutioncomplements Türkiye's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: maize (corn), other than seed.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.58B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.58B 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 $1.58 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution and cereals: maize (corn), other than seed demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Oman's trade surplus of $547.45 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Türkiye represents a total trade volume of $1.58 billion in 2023. This partnership demonstrates a favorable trade balance for Oman, with exports exceeding importsby $547.45 million.
Export Strengths
Oman's exports to Türkiye total $1.06 billion, with competitive advantages in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, representing $562.12M or52.9% of bilateral exports.
Import Dependencies
Imports from Türkiye amount to $515.37 million, highlighting economic interdependence in cereals: maize (corn), other than seed, with Cereals: maize (corn), other than seed comprising11.1% 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 Türkiye in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023