Oman Balance of Trade

Oman Balance of Trade  1982-2018

Oman recorded a trade surplus of 203.90 OMR Million in December of 2017. Balance of Trade in Oman averaged 476.30 OMR Million from 1982 until 2017, reaching an all-time high of 2379 OMR Million in June of 2000 and a record low of -117.60 OMR Million in June of 1998.

 

Oman Trade Last Previous Highest Lowest Unit
Balance of Trade 203.90 203.20 2379.00 -117.60 OMR Million
Exports 1248.50 1189.80 1992.00 423.00 OMR Million
Imports 1044.60 986.60 1392.10 242.50 OMR Million
Current Account -4737.00 -4155.00 3403.00 -4737.00 OMR Million
Current Account to GDP -14.30 -18.80 17.84 -22.47 percent
Capital Flows 1700.00 4741.00 4741.00 -2411.00 OMR Million
Gold Reserves 0.02 0.02 9.05 0.02 Tonnes
Crude Oil Production 967.00 984.00 1057.00 693.00 BBL/D/1K
Terrorism Index 0.00 0.00 0.00 0.00
Tourist Arrivals 371.00 306.00 436.00 123.00 thousand
Foreign Direct Investment 717.50 -1035.00 1281.00 -1035.00 OMR Million

 

Oman Balance of Trade

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. This page provides – Oman Balance of Trade – actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Balance of Trade – actual data, historical chart and calendar of releases – was last updated on May of 2018.

 

Actual Previous Highest Lowest Dates Unit Frequency
203.90 203.20 2379.00 -117.60 1982 – 2017 OMR Million Monthly

 

Ref: Trading Economics