Overview: This page contains the latest international trade data for Oman, including service trade data, and tariffs. In 2018 Oman was the number 68 economy in the world in terms of GDP (current US$), the number 56 in total exports, the number 66 in total imports, and the number 68 most complex economy according to the Economic Complexity Index (ECI). In 2018, Oman exported $41.1B and imported $33.5B, resulting in a positive trade balance of $7.66B. In 2018, Oman's exports per capita were $8.51k and its imports per capita were $6.93k.
Trade: The top exports of Oman are Crude Petroleum ($20B), Petroleum Gas ($3.29B), Refined Petroleum ($2.8B), Iron Ore ($841M), and Cyclic Hydrocarbons ($832M). The top imports of Oman are Cars ($2.19B), Refined Petroleum ($1.92B), Iron Ore ($818M), Broadcasting Equipment ($691M), and Planes, Helicopters, and/or Spacecraft ($624M).
Destinations: Oman exports mostly to China ($16.7B), India ($3.31B), United Arab Emirates ($2.84B), South Korea ($2.49B), and Saudi Arabia ($2.14B), and imports mostly from United Arab Emirates ($11.7B), China ($2.42B), India ($1.88B), Japan ($1.54B), and United States ($1.38B).
Location: Oman borders Saudi Arabia, United Arab Emirates, and Yemen by land and Iran and Pakistan by sea.