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Oman Trade Summary

2020

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 2020

Overall Exports and Imports for Oman 2020

Exports and imports of Oman in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 33,479 million.
  • The total value of imports (CIF) was 28,507 million.
  • At the HS6 digit level, 3,240 products were exported to 165 countries and 4,101 products were imported from 143 countries.

Oman top 5 Export and Import partners 2020

Top five countries to which Oman exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Oman exports to Unspecified worth US$ 18,196 million, with a partner share of 54.35 percent.
  2. Oman exports to United Arab Emirates worth US$ 3,680 million, with a partner share of 10.99 percent.
  3. Oman exports to Qatar worth US$ 2,102 million, with a partner share of 6.28 percent.
  4. Oman exports to Saudi Arabia worth US$ 1,488 million, with a partner share of 4.45 percent.
  5. Oman exports to India worth US$ 1,011 million, with a partner share of 3.02 percent.

Top five countries from which Oman imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Oman imports from United Arab Emirates worth US$ 10,490 million, with a partner share of 36.80 percent.
  2. Oman imports from China worth US$ 2,004 million, with a partner share of 7.03 percent.
  3. Oman imports from India worth US$ 1,887 million, with a partner share of 6.62 percent.
  4. Oman imports from Qatar worth US$ 1,421 million, with a partner share of 4.98 percent.
  5. Oman imports from Saudi Arabia worth US$ 1,394 million, with a partner share of 4.89 percent.

Oman Top 5 Productsexports imports at HS 6 digit level 2020

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 13,143,217.53 (US$ Thousands).
  2. Oman exported Propane, liquefied , worth 3,408,834.94 (US$ Thousands).
  3. Oman exported Petroleum oils, etc, (excl. crude); preparation , worth 1,905,125.69 (US$ Thousands).
  4. Oman exported Urea , worth 778,589.05 (US$ Thousands).
  5. Oman exported Automobiles with reciprocating piston engine di , worth 721,903.66 (US$ Thousands).

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 1,972,182.02 (US$ Thousands).
  2. Oman imported Automobiles with reciprocating piston engine di , worth 1,028,141.90 (US$ Thousands).
  3. Oman imported Transmission apparatus, for radioteleph incorpo , worth 764,692.51 (US$ Thousands).
  4. Oman imported Non-agglomerated iron ores and concentrates , worth 679,283.02 (US$ Thousands).
  5. Oman imported Automobiles with reciprocating piston engine di , worth 647,963.44 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Oman in 2020 are below

  • The maximum rate of tariff in percentage on any product was 130.05 percent.
  • The simple average tariff across all products was 3.24 percent.
  • The trade weighted average tariff was 1.71 .
  • The total duty free imports in thousands of US dollars were 16,048,884.58 and duty free tariff line items share was 40.80 percent.

Development Indicators 2020

Key Development Indicators of Oman in 2020 are below

  • Oman GDP in current US dollar was 75,909 million.
  • GNI per capita, Atlas method (current US$) was 17,110.00 .
  • Oman Trade balance: as % of GDP was 2.24.
  • Trade balance in current US$ was 1,697.00 million.
  • Trade as percentage of GDP was 91.88 .
  • Trade in services as percentage of GDP was 13.72 .

Trade Indicators 2020

Trade Indicators for Oman in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.22.
  • Index of export market penetration was 2.81.
  • World Growth in percentage was -3.77 and Oman Country Growth was -9.36 .