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Oman: Trade Statistics

Exporter Rank

53 / 138

Importer Rank

61 / 138

Trade Balance Rank

24 / 138

Total Trade [1]

Total Exports (2021) $44,590,926,520
Total Imports (2021) $30,994,759,150
Trade Balance (2021) $13,596,167,370
Exports of goods and services (% of GDP) (2021) [2] 52.53%
Imports of goods and services (% of GDP) (2021) [2] 41.39%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United Arab Emirates $3,843,455,192
Saudi Arabia $1,728,639,261
United States $1,702,169,794
India $1,326,415,730
China $1,022,942,638
Qatar $993,354,406
Yemen $780,974,279
Singapore $428,269,273
Egypt $411,692,236
Iran $404,628,912

Import Partners

Top 10 Import Countries

Country Import USD$
United Arab Emirates $11,022,875,220
China $2,164,594,857
India $2,034,135,981
Qatar $1,989,451,572
Brazil $1,506,127,261
Saudi Arabia $1,459,932,970
Japan $1,232,112,723
Bahrain $724,061,741
United States $715,654,128
Thailand $534,887,546

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $26,963,446,259
(39) Plastics $2,327,583,814
(72) Iron & Steel $1,759,723,066
(87) Motor Vehicles & Parts $1,693,647,976
(31) Fertilizers $1,499,680,452
(29) Organic Chemicals $1,431,011,199
(76) Aluminum $1,124,550,292
(26) Ores $967,821,876
(85) Electrical Machinery $619,892,729
(84) Industrial Machinery $593,439,067

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $3,567,078,056
(84) Industrial Machinery $3,030,314,021
(87) Motor Vehicles & Parts $2,966,293,584
(85) Electrical Machinery $2,146,746,649
(26) Ores $1,897,580,920
(72) Iron & Steel $1,441,781,948
(73) Iron & Steel Articles $1,238,978,773
(39) Plastics $924,975,327
(29) Organic Chemicals $851,175,853
(10) Cereals $826,165,626

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Oman