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