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Trade between Oman and Taiwan

In 2024, Oman exported $2.3 billion to Taiwan and imported $296 million. Oman ran a surplus of $2 billion with Taiwan, compared with a surplus of $1.3 billion in 2019. Taiwan was Oman’s 8th largest trading partner (3% of its trade), and Oman was Taiwan’s 32nd (0.3%).

Summary

Oman → Taiwan
$2.3billion
Taiwan → Oman
$296million
Oman’s balance
$2billion

Balance

Oman’s trade balance with Taiwan

Trade between Oman and Taiwan grew 9.5-fold since 1995

USD billions (current). Oman’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 2.3
  • Imports 0.3
  • Balance +2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$276 million$0$276 million
1996$9 million$27 million-$19 million
1997$125 million$18 million$107 million
1998$51 million$34 million$17 million
1999$330 million$30 million$300 million
2000$410 million$25 million$384 million
2001$153 million$35 million$118 million
2002$518 million$27 million$491 million
2003$109 million$103 million$5 million
2004$500 million$18 million$483 million
2005$812 million$21 million$791 million
2006$1 billion$32 million$1 billion
2007$888 million$49 million$840 million
2008$1.3 billion$62 million$1.2 billion
2009$1.1 billion$88 million$990 million
2010$1.7 billion$112 million$1.6 billion
2011$1.3 billion$178 million$1.1 billion
2012$4.2 billion$165 million$4.1 billion
2013$3.5 billion$172 million$3.3 billion
2014$3.7 billion$158 million$3.5 billion
2015$2.3 billion$127 million$2.1 billion
2016$1.1 billion$119 million$1 billion
2017$1.4 billion$116 million$1.3 billion
2018$2 billion$121 million$1.9 billion
2019$1.4 billion$83 million$1.3 billion
2020$744 million$53 million$691 million
2021$1.8 billion$168 million$1.6 billion
2022$2.7 billion$160 million$2.6 billion
2023$2.4 billion$71 million$2.4 billion
2024$2.3 billion$296 million$2 billion

What they sell each other

What Oman sells to Taiwan

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$1.9 billion · 83.2%
    3.7 million tonnes · Oman’s destinations
  2. Natural gas and LPG$180 million · 7.8%
    305 thousand tonnes
  3. Alcohols$65 million · 2.8%
    171 thousand tonnes
  4. Refined petroleum$51 million · 2.2%
    103 thousand tonnes · Oman’s destinations
  5. Meat and fish meal$28 million · 1.2%
    15 thousand tonnes
  6. Polyethylene$24 million · 1%
    24 thousand tonnes
  7. Cyclic hydrocarbons$15 million · 0.65%
    15 thousand tonnes
  8. Unwrought aluminum$11 million · 0.47%
    5 thousand tonnes · Taiwan’s sources
  9. 1 thousand tonnes
  10. Ferroalloys$3 million · 0.15%
    1 thousand tonnes

What Taiwan sells to Oman

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$234 million · 79%
    419 thousand tonnes · Taiwan’s destinations
  2. Cars$26 million · 8.6%
    4 thousand tonnes · Oman’s sources
  3. Polycarboxylic acids$5 million · 1.8%
    3 thousand tonnes
  4. Phenols$4 million · 1.3%
    2 thousand tonnes
  5. 2 thousand tonnes
  6. 5 tonnes
  7. Auto parts$2 million · 0.59%
    336 tonnes · Taiwan’s destinations
  8. Vehicle lights and signals$1 million · 0.44%
    75 tonnes
  9. Rubber and plastic additives$961 thousand · 0.33%
    244 tonnes
  10. Control panels$958 thousand · 0.32%
    5 tonnes

How it travels

Estimated sea route from Raysut (Salalah) to Kaohsiung.

The estimated sea route between Raysut (Salalah) and Kaohsiung is 4,961 nautical miles (9,187 km) long: ≈ 11.5–15 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.6 billion · 99.7%
  2. Air$9 million · 0.33%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Taiwan was Oman’s 8th largest trading partner (3% of its trade), and Oman was Taiwan’s 32nd (0.3%).

Taiwan in Oman’s trade
2.8%
Taiwan’s rank among Oman’s partners
8th
Oman in Taiwan’s trade
0.3%
Oman’s rank among Taiwan’s partners
32nd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.