Oman recorded a trade surplus of 709.10 OMR Million in November of 2018. Balance of Trade in Oman averaged 481.55 OMR Million from 1982 until 2018, 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 in Oman is expected to be 540.00 OMR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Oman to stand at 620.00 in 12 months time. In the long-term, the Oman Balance of Trade is projected to trend around 650.00 OMR Million in 2020, according to our econometric models.