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Oman Trade Summary

2019

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 2019

Overall Exports and Imports for Oman 2019

Exports and imports of Oman in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 38,724 million.
  • The total value of imports (CIF) was 23,507 million.
  • At the HS6 digit level, 3,176 products were exported to 165 countries and 4,078 products were imported from 133 countries.

Oman top 5 Export and Import partners 2019

Top five countries to which Oman exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Oman exports to Unspecified worth US$ 26,497 million, with a partner share of 68.42 percent.
  2. Oman exports to United Arab Emirates worth US$ 2,699 million, with a partner share of 6.97 percent.
  3. Oman exports to Saudi Arabia worth US$ 1,603 million, with a partner share of 4.14 percent.
  4. Oman exports to Qatar worth US$ 1,410 million, with a partner share of 3.64 percent.
  5. Oman exports to India worth US$ 887 million, with a partner share of 2.29 percent.

Top five countries from which Oman imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Oman imports from United Arab Emirates worth US$ 9,471 million, with a partner share of 40.29 percent.
  2. Oman imports from China worth US$ 1,575 million, with a partner share of 6.70 percent.
  3. Oman imports from Free Zones worth US$ 1,420 million, with a partner share of 6.04 percent.
  4. Oman imports from India worth US$ 1,157 million, with a partner share of 4.92 percent.
  5. Oman imports from Brazil worth US$ 986 million, with a partner share of 4.19 percent.

Oman Top 5 Productsexports imports at HS 6 digit level 2019

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$ 19,651,213.43 million.
  2. Oman exported Propane, liquefied , worth US$ 4,429,055.02 million.
  3. Oman exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,691,653.56 million.
  4. Oman exported Methanol (methyl alcohol) , worth US$ 771,682.97 million.
  5. Oman exported Urea , worth US$ 694,581.91 million.

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

  1. Oman imported Non-agglomerated iron ores and concentrates , worth US$ 786,778.79 million.
  2. Oman imported Automobiles with reciprocating piston engine di , worth US$ 744,859.17 million.
  3. Oman imported Automobiles with reciprocating piston engine di , worth US$ 721,751.11 million.
  4. Oman imported Transmission apparatus, for radioteleph incorpo , worth US$ 508,130.02 million.
  5. Oman imported Casings,tubing&drill pipe,i/st,smls,for use in , worth US$ 470,143.43 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Oman in 2019 are below

  • The maximum rate of tariff in percentage on any product was 221.99 percent.
  • The simple average tariff across all products was 3.27 percent.
  • The trade weighted average tariff was 1.71 .
  • The total duty free imports in thousands of US dollars were 16,032,171.86 and duty free tariff line items share was 40.60 percent.

Development Indicators 2019

Key Development Indicators of Oman in 2019 are below

  • Oman GDP in current US dollar was 76,332 million.
  • GNI per capita, Atlas method (current US$) was 14,150.00 .
  • Oman Trade balance: as % of GDP was 14.59.
  • Trade balance in current US$ was 11,137.00 million.
  • Trade as percentage of GDP was 90.00 .
  • Trade in services as percentage of GDP was 22.39 .

Trade Indicators 2019

Trade Indicators for Oman in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 2.80.
  • World Growth in percentage was -1.78 and Oman Country Growth was -2.79 .