Overview In 2023, Oman was the number 66 economy in the world in terms of GDP (current US$), the number 48 in total exports, the number 63 in total imports, the number 62 economy in terms of GDP per capita (current US$) and the number 76 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Oman are Crude Petroleum ($29.3B), Refined Petroleum ($10.3B), Petroleum Gas ($6.53B), Semi-Finished Iron ($3.27B), and Nitrogenous Fertilizers ($2.61B), exporting mostly to China ($30.2B), India ($4.5B), Saudi Arabia ($3.64B), United Arab Emirates ($3.49B), and South Africa ($2.57B).
Imports The top imports of Oman are Refined Petroleum ($7.07B), Cars ($2.33B), Crude Petroleum ($1.57B), Iron Ore ($1.3B), and Broadcasting Equipment ($802M), importing mostly from United Arab Emirates ($10.1B), Saudi Arabia ($4.99B), India ($3.23B), China ($2.84B), and Qatar ($2.17B).
In 2023, Oman was the world's biggest importer of Cyclic Alcohols ($326M)
Location Oman borders Saudi Arabia, United Arab Emirates, and Yemen by land and Iran and Pakistan by sea.