United Arab Emirates

United Arab Emirates

View Profile โ†’
โ†”

United Arab Emirates-Oman Bilateral Trade Analysis 2023

Complete trade statistics: $13.84B total volume โ€ขUnited Arab Emirates surplus: $6.46B

United Arab Emirates โ†’ Oman

$10.15B

Exports (2023)

Oman โ†’ United Arab Emirates

$3.69B

Imports (2023)

Trade Balance

$6.46B

Surplus for United Arab Emirates

Total Trade

$13.84B

Combined Volume

Trade Flow Visualization

Direct trade relationship between United Arab Emirates and Oman. Green line shows exports from United Arab Emirates, red line shows imports.

Detailed Product Trade Analysis

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

United Arab Emirates โ†’ Oman Exports

$10.15B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
7.5% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$765.58M
7.5% of exports
2Metals: gold, non-monetary, unwrought (but not powder)
$659.76M
6.5% of exports
3Telephones for cellular networks or for other wireless networks
$464.28M
4.6% of exports
4Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm
$315.33M
3.1% of exports
5Cigarettes: containing tobacco
$296.31M
2.9% of exports
6Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc
$156.05M
1.5% of exports
7Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$151.32M
1.5% of exports
8Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$130.03M
1.3% of exports
9Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$121.56M
1.2% of exports
10Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms
$110.18M
1.1% of exports

๐ŸŽฏ Strategic Export Focus

United Arab Emirates's export portfolio to Oman demonstrates strong diversification across multiple sectors, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

Oman โ†’ United Arab Emirates Imports

$3.69B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
11.3% concentration
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$415.14M
11.3% of imports
2Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling
$348.48M
9.4% of imports
3Iron ores and concentrates: agglomerated (excluding roasted iron pyrites)
$257.66M
7.0% of imports
4Telephones for cellular networks or for other wireless networks
$138.53M
3.8% of imports
5Iron 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
$125.19M
3.4% of imports
6Printed matter: n.e.c. in heading no. 4911
$124.11M
3.4% of imports
7Insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors
$109.49M
3.0% of imports
8Metals: gold, non-monetary, unwrought (but not powder)
$107.55M
2.9% of imports
9Ethylene polymers: in primary forms, polyethylene having a specific gravity of 0.94 or more
$97.33M
2.6% of imports
10Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods
$89.67M
2.4% of imports

๐Ÿ“ฆ Import Strategy Analysis

United Arab Emirates's import pattern from Oman reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

United Arab Emirates demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Oman, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $13.84B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: United Arab Emirates-Oman Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $13.84 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: United Arab Emirates maintains a surplus of $6.46 billion
  • Export Focus: United Arab Emirates's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, metals: gold, non-monetary, unwrought (but not powder), telephones for cellular networks or for other wireless networks
  • Import Dependencies: Key imports from Oman include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, iron ores and concentrates: agglomerated (excluding roasted iron pyrites)

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global 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 $13.84B 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 United Arab Emirates leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

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

United Arab Emirates's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Oman's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $13.84B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $13.84B 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

๐Ÿ’ฐ

Trade Volume Impact

The $13.84 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

United Arab Emirates's trade surplus of $6.46 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in metals: gold, non-monetary, unwrought (but not powder) present expansion opportunities.
Market Diversification
Beyond current focus on petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

๐ŸŽฏStrategic 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 United Arab Emirates and Oman represents a total trade volume of $13.84 billion in 2023. This partnership demonstrates a favorable trade balance for United Arab Emirates, with exports exceeding importsby $6.46 billion.

Export Strengths

United Arab Emirates's exports to Oman total $10.15 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $765.58M or7.5% of bilateral exports.

Import Dependencies

Imports from Oman amount to $3.69 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising11.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates United Arab Emirates'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 United Arab Emirates and Oman in multiple formats.

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