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Oman Trade Summary

2021

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 2021

Overall Exports and Imports for Oman 2021

Exports and imports of Oman in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 44,591 million.
  • The total value of imports (CIF) was 30,995 million.
  • At the HS6 digit level, 3,251 products were exported to 169 countries and 4,149 products were imported from 161 countries.

Oman top 5 Export and Import partners 2021

Top five countries to which Oman exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Oman exports to Unspecified worth US$ 26,090 million, with a partner share of 58.51 percent.
  2. Oman exports to United Arab Emirates worth US$ 3,843 million, with a partner share of 8.62 percent.
  3. Oman exports to Saudi Arabia worth US$ 1,729 million, with a partner share of 3.88 percent.
  4. Oman exports to United States worth US$ 1,702 million, with a partner share of 3.82 percent.
  5. Oman exports to India worth US$ 1,326 million, with a partner share of 2.97 percent.

Top five countries from which Oman imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Oman imports from United Arab Emirates worth US$ 11,023 million, with a partner share of 35.56 percent.
  2. Oman imports from China worth US$ 2,165 million, with a partner share of 6.98 percent.
  3. Oman imports from India worth US$ 2,034 million, with a partner share of 6.56 percent.
  4. Oman imports from Qatar worth US$ 1,989 million, with a partner share of 6.42 percent.
  5. Oman imports from Brazil worth US$ 1,506 million, with a partner share of 4.86 percent.

Oman Top 5 Productsexports imports at HS 6 digit level 2021

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$ 18,686,070.39 million.
  2. Oman exported Propane, liquefied , worth US$ 4,357,307.90 million.
  3. Oman exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,865,099.28 million.
  4. Oman exported Urea , worth US$ 1,384,597.51 million.
  5. Oman exported Agglomerated iron ores and concentrates , worth US$ 918,547.35 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$ 3,370,282.06 million.
  2. Oman imported Non-agglomerated iron ores and concentrates , worth US$ 1,319,196.55 million.
  3. Oman imported Automobiles with reciprocating piston engine di , worth US$ 1,002,972.07 million.
  4. Oman imported Transmission apparatus, for radioteleph incorpo , worth US$ 702,416.92 million.
  5. Oman imported Gold in unwrought forms non-monetary , worth US$ 600,287.83 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Oman in 2021 are below

  • The maximum rate of tariff in percentage on any product was 153.47 percent.
  • The simple average tariff across all products was 3.12 percent.
  • The trade weighted average tariff was 2 .
  • The total duty free imports in thousands of US dollars were 16,539,269.06 and duty free tariff line items share was 42.61 percent.

Development Indicators 2021

Key Development Indicators of Oman in 2021 are below

  • Oman GDP in current US dollar was 88,192 million.
  • GNI per capita, Atlas method (current US$) was 17,950.00 .
  • Oman Trade balance: as % of GDP was 11.14.
  • Trade balance in current US$ was 9,822.00 million.
  • Trade as percentage of GDP was 93.92 .
  • Trade in services as percentage of GDP was 11.55 .

Trade Indicators 2021

Trade Indicators for Oman in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 2.88.
  • World Growth in percentage was 12.59 and Oman Country Growth was 31.85 .