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Who does Oman rely on?

The largest supplier of Oman in 2024 is China, with 23.4% of what Oman buys. Its share was 8.3% in 2019 and 0.84% in 1995. 360 of the 668 products Oman buys for more than $1 million have a supplier selling more than 50% of what Oman buys of that product; in 165, more than 75%. In those products, purchases from each one’s dominant supplier add up to 38.5% of what Oman buys.

Summary

Largest supplier: China
23.4%
Concentration (HHI)
995
Products with a supplier above 50%
360
Products with a supplier above 75%
165

Concentration index (HHI): 995 out of 10,000; equivalent to splitting purchases among 10 suppliers of the same size

Trend

Trend in shares

China went from 0.84% to 23.4% of what Oman buys

Share (%)

  • China 23.4%
  • India 16.1%
  • United States 6.8%
  • Japan 5.4%
  • Saudi Arabia 5.4%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Japan18.7%
1996Japan19.9%
1997Japan19.7%
1998United Arab Emirates19.9%
1999United Arab Emirates22%
2000United Arab Emirates29%
2001United Arab Emirates25.1%
2002Syria20.6%
2003Japan19.3%
2004United Arab Emirates30.7%
2005United Arab Emirates24.6%
2006United Arab Emirates23.2%
2007United Arab Emirates23.8%
2008United Arab Emirates24.2%
2009United Arab Emirates21.9%
2010United Arab Emirates25.5%
2011United Arab Emirates25.5%
2012United Arab Emirates24%
2013United Arab Emirates28.1%
2014United Arab Emirates29.2%
2015United Arab Emirates17.4%
2016United Arab Emirates19.6%
2017United Arab Emirates34.2%
2018United Arab Emirates39.5%
2019United Arab Emirates37.4%
2020United Arab Emirates34.6%
2021United Arab Emirates33.9%
2022United Arab Emirates27.5%
2023United Arab Emirates25%
2024China23.4%

Its suppliers

  1. China$5.7 billion · 23.4%
  2. India$4 billion · 16.1%
  3. United States$1.7 billion · 6.8%
  4. Japan$1.3 billion · 5.4%
  5. Saudi Arabia$1.3 billion · 5.4%
  6. Brazil$1.2 billion · 4.9%
  7. Germany$897 million · 3.7%
  8. South Korea$625 million · 2.5%
  9. United Kingdom$561 million · 2.3%
  10. Australia$513 million · 2.1%

Products with a dominant supplier

Of the 668 products Oman buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumIndia55.6%South Korea · 13.3%$2.3 billion
Iron oreBrazil92.4%over 75%Bahrain · 7.6%$1 billion
Aluminum oxide and hydroxideAustralia53.1%India · 41.8%$672 million
Seamless steel pipesChina67.3%Japan · 26.2%$576 million
GoldHong Kong79.9%over 75%United States · 20.1%$433 million
Polycarboxylic acidsChina77.6%over 75%Thailand · 11.2%$409 million
RiceIndia66.6%Pakistan · 32.9%$296 million
Diodes, transistors and solar cellsChina99.6%over 75%Saudi Arabia · 0.07%$287 million
Other industrial machinesChina55.4%Germany · 11.5%$287 million
Hot-rolled flat steelChina70.1%South Korea · 20%$272 million
Airplanes and helicoptersIndia69%Australia · 15.2%$237 million
Transformers and power suppliesChina52.5%India · 15.9%$232 million
Poultry meatBrazil85.1%over 75%Ukraine · 6%$218 million
Palm oilIndonesia85.3%over 75%Malaysia · 13.7%$211 million
CranesChina93.8%over 75%India · 1.6%$197 million
Water heaters and industrial dryersChina71.2%India · 11.2%$192 million
Air conditionersChina73.5%Thailand · 7.4%$192 million
New tiresChina62.8%Japan · 12.9%$174 million
Makeup and skin careIndia79.5%over 75%Germany · 4%$159 million
FurnitureChina62.9%Turkey · 9.1%$152 million
Steel structuresChina52.5%India · 21.9%$131 million
Coated flat steelChina86%over 75%India · 9.2%$121 million
Coal tar oilsIndia100%over 75%Germany · 0.02%$112 million
Lamps and light fittingsChina75.8%over 75%United Kingdom · 3.9%$89 million
WheatAustralia72.6%Canada · 27.3%$80 million

and 335 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Some of these goods may have been produced in another country: countries record origin in different ways.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: China
44.4%
Concentration (HHI)
2,177

Concentration index (HHI): 2,177 out of 10,000; equivalent to splitting sales among 5 customers of the same size

Trend in shares

China went from 7.9% to 44.4% of what Oman sells

Share (%)

  • China 44.4%
  • South Korea 8.1%
  • India 6.5%
  • Saudi Arabia 5.2%
  • South Africa 4.3%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Japan27.3%
1996Japan26%
1997Japan22.5%
1998Thailand18.2%
1999Japan21.8%
2000China29.7%
2001South Korea19.1%
2002Japan17.4%
2003Japan23.4%
2004China31%
2005China24.8%
2006China26.1%
2007China27.3%
2008China31.4%
2009China20.5%
2010China27.1%
2011China31.8%
2012China32.8%
2013China37.7%
2014China45.8%
2015China42.2%
2016China38.6%
2017China38.8%
2018China40%
2019China42.4%
2020China38.8%
2021China43.9%
2022China39%
2023China39.8%
2024China44.4%

137 of the 208 products Oman sells for more than $1 million have a customer buying more than 50% of what Oman sells of that product; in 80, more than 75%. In those products, sales to each one’s dominant customer add up to 45.2% of what Oman sells.

ProductCustomerShareSecondValue
Crude petroleumChina86.5%over 75%Taiwan · 6.7%$28.9 billion
Iron oreChina60.7%Egypt · 20%$1.8 billion
AlcoholsChina65.8%Malaysia · 8.8%$1.8 billion
Direct-reduced ironSaudi Arabia97.6%over 75%India · 1.5%$791 million
AmmoniaIndia60.1%Morocco · 20.4%$560 million
Plastic sheets and filmUnited States73%Saudi Arabia · 4.6%$445 million
Aluminum sheetUnited States85.3%over 75%Bulgaria · 7.8%$271 million
JewelryUnited States99%over 75%Canada · 0.74%$220 million
Gypsum and plasterIndia63.7%Indonesia · 12.2%$217 million
Airplanes and helicoptersIndia100%over 75%—$201 million
Open-chain hydrocarbonsChina100%over 75%United Kingdom · 0%$125 million
Parts for cranes and excavatorsSaudi Arabia97.5%over 75%Kuwait · 1%$120 million
Mixed fertilizersMyanmar87.5%over 75%Malawi · 9.3%$107 million
Limestone for lime and cementIndia93.5%over 75%Indonesia · 3.3%$105 million
Welded steel pipesUnited States69.9%Bahrain · 6.3%$87 million

and 122 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
138Australia1,003
139Slovenia1,003
140Oman995
141Panama983
142Kenya962
143Taiwan960

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.