Oman Balance Of TradeOman Balance Of TradeOman Balance Of Trade

Oman Balance Of Trade

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
‪2.38 B‬OMR on Jun 30, 2000
Lowest
‪−117.60 M‬OMR on Jun 30, 1998

About Oman Balance Of Trade


Category
Trade
Frequency
Monthly
Units
OMR
Oman has been recording large trade surpluses on a consistent basis due to oil and gas production. Shipments of oil and gas account for 70 percent of total exports. Main imports are: transport equipment; electrical machinery and mechanical appliances and mineral products. Main trading partners are: United Arab Emirates (11 percent of total exports and 27 percent of imports) and Japan (10.5 percent of exports and 13 percent of imports). Others include: China, India and United States.