China / Oman

Overview In October 2024, China exported $518M and imported $2.02B from Oman, resulting in a negative trade balance of $1.5B. Between October 2023 and October 2024 the exports of China have increased by $208M (67.2%) from $310M to $518M, while imports decreased by $-618M (-23.4%) from $2.64B to $2.02B.

Trade In October 2024, the top exports of China to Oman were Other Construction Vehicles ($34.9M), Iron Pipes ($27.6M), Telephones ($22.9M), Cars ($19M), and Polycarboxylic Acids ($18.5M). In October 2024 the top imports of China from Oman were Crude Petroleum ($1.61B), Petroleum Gas ($412M), Acyclic Alcohols ($86.9M), Cyclic Hydrocarbons ($40.7M), and Iron Ore ($20M).

Origins In October 2024 the exports of China were mainly from Jiangsu Province ($109M), Zhejiang Province ($76.1M), Guangdong Province ($61.9M), Shanghai Province ($55M), and Shandong Province ($36.5M), while imports destinations were mainly Beijing ($1.2B), Shandong Province ($349M), Zhejiang Province ($144M), Hainan Province ($116M), and Shanghai Province ($55.8M).

Growth In October 2024, the increase in China's year-by-year exports to Oman was explained primarily by an increase in product exports in Other Construction Vehicles ($34.3M or 4.94k%), Cars ($6.98M or 58.1%), and Iron Blocks ($4.85M or 784%). In October 2024, the decrease in China's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in Crude Petroleum ($-1.46B or -47.5%), Petroleum Gas ($-108M or -20.7%), and Ethers ($-8.71M or -93.5%).