Oman recorded a trade surplus of 532.90 OMR Million in August of 2018. Balance of Trade in Oman averaged 478.16 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 160.00 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 741.05 in 12 months time. In the long-term, the Oman Balance of Trade is projected to trend around 280.00 OMR Million in 2020, according to our econometric models.

Oman Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Oman Trade Last Previous Highest Lowest Unit
Balance of Trade 532.90 743.60 2379.00 -117.60 OMR Million [+]
Current Account -4137.00 -4737.00 3403.00 -4737.00 OMR Million [+]
Current Account to GDP -14.80 -18.50 17.84 -22.47 percent [+]
Imports 801.50 847.50 1392.10 242.50 OMR Million [+]
Exports 1334.40 1513.60 1992.00 423.00 OMR Million [+]
Capital Flows 3481.00 1700.00 4741.00 -2411.00 OMR Million [+]
Gold Reserves 0.02 0.02 9.05 0.02 Tonnes [+]
Crude Oil Production 975.00 976.00 1057.00 693.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourist Arrivals 466.00 218.00 466.00 123.00 thousand [+]
Foreign Direct Investment 1122.00 871.00 1281.00 -835.00 OMR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
532.90 743.60 2379.00 -117.60 1982 - 2018 OMR Million Monthly




Country Last Previous
Argentina 1369.00 Dec/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -55.29 Dec/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -2568800.00 Nov/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


Related

Latest