Preferential Trade Agreements and Trade Liberalization Efforts in the OIC Member States
With Special Emphasis on the TPS-OIC
174
Table 45: Top 10 Exported Products by Oman to TPS-OIC Countries 2011 & 12 (1000s of USD
Product Product Name 2011 2012
Exports Share Exports Share
271011 Light petroleum oils 222,246 8.89% 839237 24.92%
260112 Iron ores & concs. 129,065 5.17% 186203 5.53%
390210 Polypropylene, 128,430 5.14% 140599 4.17%
290220 Benzene 83,916 3.36% 178025 5.29%
760110 Aluminium, not alloyed, unwrought 78,885 3.16% 113407 3.37%
271019 Petroleum oils 120,203 4.81% 69114 2.05%
40221 Milk in powder/granules/oth 101,525 4.06% 83201 2.47%
290243 p-Xylene 119,885 4.80% 58961 1.75%
854449 Electric conductors 162,629 6.51%
290511 Methanol (methyl alcohol) 66,087 2.64% 94656 2.81%
Grand Total 1,212,870 48.54% 1763403 52.36%
Source: Comtrade using WITS, tariff data from TRAINS database
Table 46: Top 10 Imported Products by Oman from TPS-OIC Countries 2011 & 2012 (1000s of USD)
Product Product Name 2011 2012 MFN
Imports Share Imports Share
271011 Light petroleum oils 1,539,151 18.02% 795,663 9.28% 5
252329 Portland cement 166,361 1.95% 174,108 2.03% 5
843143 Parts suit. 158,453 1.86% 123,555 1.44% 5
730429 Casing & tubing, 173,798 2.03% 107,603 1.25% 5
711319 Articles of jewellery 120,038 1.41% 159,942 1.86% 5
721420 Bars & rods of iron/non-alloy steel 126,063 1.48% 152,183 1.77% 5
240220 Cigarettes 137,811 1.61% 132,120 1.54% 0
100630 Semi-milled/wholly milled rice 135,219 1.58% 130,761 1.52% 0
270750 Aromatic hydrocarbon mixts. 53,606 0.63% 204,317 2.38% 5
271019 Petroleum oils & oils obt 119,153 1.40% 131,677 1.54% 5
Grand Total 2,729,652 31.96% 2,111,930 24.62%
Source: Comtrade using WITS, tariff data from TRAINS database
Pakistan
The top 10 exported products of Pakistan to the TPS-OIC represent between 51% and 62% of the
total Pakistan exports to the TPS-OIC, showing significant variability over the two years considered.
In the case of imports, it is worth remembering that Pakistan imports from the GCC, particularly the
UAE, contain some imports from India which are being diverted. However, in only one product of the
list of top 10 imported products (Petroleum) is there scope for tariff reduction and that would be
from 13.5% to 10%, hence a fairly minimal reduction.