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Oman Trade Summary

2003

Oman exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR OMAN 2003

Overall Exports and Imports for Oman 2003

Exports and imports of Oman in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 12,196 million.
  • The total value of imports (CIF) was 6,801 million.
  • At the HS6 digit level, 667 products were exported to 115 countries and 403 products were imported from 111 countries.

Oman top 5 Export and Import partners 2003

Top five countries to which Oman exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Oman exports to Unspecified worth US$ 10,796 million, with a partner share of 88.52 percent.
  2. Oman exports to United Arab Emirates worth US$ 599 million, with a partner share of 4.91 percent.
  3. Oman exports to Iran, Islamic Rep. worth US$ 217 million, with a partner share of 1.78 percent.
  4. Oman exports to Saudi Arabia worth US$ 89 million, with a partner share of 0.73 percent.
  5. Oman exports to United Kingdom worth US$ 57 million, with a partner share of 0.47 percent.

Top five countries from which Oman imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Oman imports from Unspecified worth US$ 2,362 million, with a partner share of 34.73 percent.
  2. Oman imports from Korea, Rep. worth US$ 1,355 million, with a partner share of 19.92 percent.
  3. Oman imports from United Arab Emirates worth US$ 934 million, with a partner share of 13.74 percent.
  4. Oman imports from Japan worth US$ 622 million, with a partner share of 9.14 percent.
  5. Oman imports from India worth US$ 340 million, with a partner share of 5.00 percent.

Oman Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Oman along with trade value are:

  1. Oman exported Petroleum oils and oils obtained from bituminou , worth US$ 8,289,466.10 million.
  2. Oman exported Natural gas, liquefied , worth US$ 920,416.04 million.
  3. Oman exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 159,725.93 million.
  4. Oman exported Parts of boring or sinking machinery, whether o , worth US$ 69,841.47 million.
  5. Oman exported Cigarettes containing tobacco , worth US$ 61,147.14 million.

The top five imported HS 6 digit level products from world by Oman along with trade value are

  1. Oman imported Natural gas, liquefied , worth US$ 2,326,279.70 million.
  2. Oman imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 381,918.58 million.
  3. Oman imported Urea , worth US$ 284,672.91 million.
  4. Oman imported Co-axial cable and other co-axial electric cond , worth US$ 142,538.61 million.
  5. Oman imported Milk and cream in solid forms of >1.5% fat, uns , worth US$ 78,598.51 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Oman in 2003 are below

  • The maximum rate of tariff in percentage on any product was 1,299.23 percent.
  • The simple average tariff across all products was 6.64 percent.
  • The trade weighted average tariff was 5.07 .
  • The total duty free imports in thousands of US dollars were 100,707.31 and duty free tariff line items share was 18.25 percent.

Development Indicators 2003

Key Development Indicators of Oman in 2003 are below

  • Oman GDP in current US dollar was 21,634 million.
  • GNI per capita, Atlas method (current US$) was 8,140.00 .
  • Oman Trade balance: as % of GDP was 16.96.
  • Trade balance in current US$ was 3,669.00 million.
  • Trade as percentage of GDP was 97.00 .
  • Trade in services as percentage of GDP was 14.92 .

Trade Indicators 2003

Trade Indicators for Oman in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 1.98.
  • World Growth in percentage was 8.09 and Oman Country Growth was 4.99 .