Overview In 2020, Oman was the number 70 economy in the world in terms of GDP (current US$), the number 62 in total exports, the number 67 in total imports,
the number 65 economy in terms of GDP per capita (current US$) and the number 73 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Oman are Crude Petroleum ($13.3B), Petroleum Gas ($4.4B), Refined Petroleum ($2.39B), Semi-Finished Iron ($1.03B), and Nitrogenous Fertilizers ($957M), exporting mostly to China ($13.8B), India ($2.77B), South Korea ($1.93B), United Arab Emirates ($1.75B), and Saudi Arabia ($1.57B).
Imports The top imports of Oman are Cars ($2.21B), Broadcasting Equipment ($1.08B), Refined Petroleum ($937M), Machinery Having Individual Functions ($724M), and Iron Ore ($656M), importing mostly from United Arab Emirates ($9.69B), China ($3.08B), India ($2.31B), Japan ($1.28B), and United States ($1.08B).
Location Oman borders Saudi Arabia, United Arab Emirates, and Yemen by land and Iran and Pakistan by sea.