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Oman Trade Summary

2016

Oman exports, imports, tariff by year.
Oman monthly trade data
Oman quarterly trade data

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 2016

Overall Exports and Imports for Oman 2016

Exports and imports of Oman in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 30,014 million.
  • The total value of imports (CIF) was 23,148 million.
  • At the HS6 digit level, 2,353 products were exported to 148 countries and 4,078 products were imported from 152 countries.

Oman top 5 Export and Import partners 2016

Top five countries to which Oman exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Oman exports to Unspecified worth US$ 16,951 million, with a partner share of 56.48 percent.
  2. Oman exports to United Arab Emirates worth US$ 2,102 million, with a partner share of 7.00 percent.
  3. Oman exports to Iraq worth US$ 2,091 million, with a partner share of 6.97 percent.
  4. Oman exports to Pakistan worth US$ 1,230 million, with a partner share of 4.10 percent.
  5. Oman exports to India worth US$ 1,154 million, with a partner share of 3.84 percent.

Top five countries from which Oman imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Oman imports from United Arab Emirates worth US$ 3,457 million, with a partner share of 14.94 percent.
  2. Oman imports from China worth US$ 3,107 million, with a partner share of 13.42 percent.
  3. Oman imports from United States worth US$ 1,771 million, with a partner share of 7.65 percent.
  4. Oman imports from India worth US$ 1,708 million, with a partner share of 7.38 percent.
  5. Oman imports from Japan worth US$ 1,605 million, with a partner share of 6.94 percent.

Oman Top 5 Productsexports imports at HS 6 digit level 2016

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$ 12,839,270.63 million.
  2. Oman exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,223,623.15 million.
  3. Oman exported Natural gas, liquefied , worth US$ 2,633,289.75 million.
  4. Oman exported Urea , worth US$ 499,843.24 million.
  5. Oman exported Aluminium unwrought, not alloyed , worth US$ 475,912.74 million.

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

  1. Oman imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,860,815.29 million.
  2. Oman imported Automobiles with reciprocating piston engine di , worth US$ 761,316.04 million.
  3. Oman imported Automobiles with reciprocating piston engine di , worth US$ 698,283.58 million.
  4. Oman imported Gold in unwrought forms non-monetary , worth US$ 557,978.70 million.
  5. Oman imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 370,827.06 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Oman in 2016 are below

  • The maximum rate of tariff in percentage on any product was 115.50 percent.
  • The simple average tariff across all products was 3.56 percent.
  • The trade weighted average tariff was 1.46 .
  • The total duty free imports in thousands of US dollars were 14,833,519.05 and duty free tariff line items share was 39.57 percent.

Development Indicators 2016

Key Development Indicators of Oman in 2016 are below

  • Oman GDP in current US dollar was 75,129 million.
  • GNI per capita, Atlas method (current US$) was 18,520.00 .
  • Oman Trade balance: as % of GDP was -0.22.
  • Trade balance in current US$ was -169.00 million.
  • Trade as percentage of GDP was 82.86 .
  • Trade in services as percentage of GDP was 17.92 .

Trade Indicators 2016

Trade Indicators for Oman in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 2.62.
  • World Growth in percentage was -1.38 and Oman Country Growth was -9.29 .