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.
|Balance of Trade||203.90||203.20||2379.00||-117.60||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|
|Crude Oil Production||967.00||984.00||1057.00||693.00||BBL/D/1K|
|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.
|203.90||203.20||2379.00||-117.60||1982 – 2017||OMR Million||Monthly|
Ref: Trading Economics