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Oman Trade Summary

2017

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 2017

Overall Exports and Imports for Oman 2017

Exports and imports of Oman in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 32,904 million.
  • The total value of imports (CIF) was 26,435 million.
  • At the HS6 digit level, 3,104 products were exported to 160 countries and 4,026 products were imported from 148 countries.

Oman top 5 Export and Import partners 2017

Top five countries to which Oman exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Oman exports to Unspecified worth US$ 20,549 million, with a partner share of 62.45 percent.
  2. Oman exports to United Arab Emirates worth US$ 2,255 million, with a partner share of 6.85 percent.
  3. Oman exports to Qatar worth US$ 1,339 million, with a partner share of 4.07 percent.
  4. Oman exports to Saudi Arabia worth US$ 1,314 million, with a partner share of 3.99 percent.
  5. Oman exports to India worth US$ 936 million, with a partner share of 2.84 percent.

Top five countries from which Oman imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Oman imports from United Arab Emirates worth US$ 10,283 million, with a partner share of 38.90 percent.
  2. Oman imports from Unspecified worth US$ 2,911 million, with a partner share of 11.01 percent.
  3. Oman imports from China worth US$ 1,561 million, with a partner share of 5.91 percent.
  4. Oman imports from India worth US$ 1,365 million, with a partner share of 5.16 percent.
  5. Oman imports from Saudi Arabia worth US$ 902 million, with a partner share of 3.41 percent.

Oman Top 5 Productsexports imports at HS 6 digit level 2017

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$ 15,072,300.33 million.
  2. Oman exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,698,976.83 million.
  3. Oman exported Natural gas, liquefied , worth US$ 3,033,029.64 million.
  4. Oman exported Agglomerated iron ores and concentrates , worth US$ 894,747.97 million.
  5. Oman exported Methanol (methyl alcohol) , worth US$ 680,552.69 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$ 1,402,811.47 million.
  2. Oman imported Gold in unwrought forms non-monetary , worth US$ 763,819.37 million.
  3. Oman imported Non-agglomerated iron ores and concentrates , worth US$ 642,276.36 million.
  4. Oman imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 547,278.76 million.
  5. Oman imported Transmission apparatus, for radioteleph incorpo , worth US$ 396,211.04 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Oman in 2017 are below

  • The maximum rate of tariff in percentage on any product was 1,339.25 percent.
  • The simple average tariff across all products was 3.66 percent.
  • The trade weighted average tariff was 1.73 .
  • The total duty free imports in thousands of US dollars were 14,570,457.17 and duty free tariff line items share was 37 percent.

Development Indicators 2017

Key Development Indicators of Oman in 2017 are below

  • Oman GDP in current US dollar was 80,857 million.
  • GNI per capita, Atlas method (current US$) was 16,570.00 .
  • Oman Trade balance: as % of GDP was 2.48.
  • Trade balance in current US$ was 2,003.00 million.
  • Trade as percentage of GDP was 88.95 .
  • Trade in services as percentage of GDP was 18.31 .

Trade Indicators 2017

Trade Indicators for Oman in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 2.70.
  • World Growth in percentage was 5.56 and Oman Country Growth was 8.82 .