Exporter Rank

59 / 146

Importer Rank

62 / 145

Trade Balance Rank

33 / 145

Total Trade [1]

Total Exports (2016) $24,454,713,338
Total Imports (2016) $23,260,012,444
Trade Balance (2016) $1,194,700,894
Exports of goods and services (% of GDP) (2016) [2] 41.55%
Imports of goods and services (% of GDP) (2016) [2] 35.88%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
China $10,664,824,487
United Arab Emirates $1,841,394,983
India $924,005,711
United States $811,702,436
Iraq $759,129,689
Saudi Arabia $709,551,145
Japan $608,124,490
South Korea $560,302,839
Yemen $517,902,602
Pakistan $331,403,229

Import Partners

Top 10 Import Countries

Country Import USD$
United Arab Emirates $10,480,470,585
China $1,125,242,570
India $1,121,929,863
Saudi Arabia $813,247,385
United States $766,926,653
Iran $642,237,469
Japan $506,319,382
Brazil $375,135,101
Singapore $356,370,747
United Kingdom $342,460,499

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $15,493,342,038
(87) Motor Vehicles & Parts $2,432,620,103
(29) Organic Chemicals $887,293,115
(76) Aluminum $617,468,154
(31) Fertilizers $503,178,638
(72) Iron & Steel $443,584,042
(85) Electrical Machinery $391,422,408
(39) Plastics $378,673,359
(84) Industrial Machinery $340,636,563
(73) Iron & Steel Articles $304,459,427

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $3,127,618,162
(87) Motor Vehicles & Parts $2,609,714,299
(27) Oil & Mineral Fuels $2,019,368,460
(85) Electrical Machinery $1,729,355,250
(73) Iron & Steel Articles $1,189,311,686
(71) Precious Stones & Metals $940,377,475
(72) Iron & Steel $938,615,032
(39) Plastics $707,068,718
(04) Dairy Products $590,138,098
(25) Natural Minerals & Stone $494,808,707

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 4/27/2018
Oman