Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Oman | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of merchandise exports from Oman totalled $ 59 billion in 2023. Merchandise exports from Oman increased by 156% compared to 2022. Goods exports grew up by $ 36 billion in 2023 (the value of merchandise exports from Oman amounted to $22 billion in 2022)

Oman's exports 2023 by country

Top export destinations of commodities from Oman in 2023:

  • Areas, nes with a share of 60% (35 billion US$)
  • United Arab Emirates with a share of 6.37% (3.76 billion US$)
  • Saudi Arabia with a share of 4.98% (2.94 billion US$)
  • India with a share of 3.75% (2.21 billion US$)
  • South Africa with a share of 2.44% (1.44 billion US$)
  • USA with a share of 2.27% (1.34 billion US$)
  • Egypt with a share of 1.72% (1.01 billion US$)
  • Qatar with a share of 1.25% (740 million US$)
  • China with a share of 1.01% (597 million US$)
  • Iran - 553 million US$

Exports structure from Oman in 2023 represented by the following main commodity groups:

  • 69% (41 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 4% (2.36 billion US$): 39 - Plastics and articles thereof
  • 3.09% (1.82 billion US$): 72 - Iron and steel
  • 3.04% (1.79 billion US$): 26 - Ores, slag and ash
  • 1.99% (1.17 billion US$): 31 - Fertilizers
  • 1.98% (1.16 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.88% (1.11 billion US$): 76 - Aluminum and articles thereof
  • 1.72% (1.02 billion US$): 29 - Organic chemicals
  • 1.4% (828 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 1.11% (656 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

What did Oman export in 2023?

Oman's Top Exports in 2023:

  • 43% ($25 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 14.1% ($8.37 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 11.5% ($6.81 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 2.9% ($1.71 billion): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 1.98% ($1.17 billion): 3102 - Mineral or chemical fertilisers, nitrogenous
  • 1.61% ($951 million): 7207 - Semi-finished products of iron or non-alloy steel
  • 1.44% ($855 million): 3901 - Polymers of ethylene, in primary forms
  • 1.11% ($657 million): 7601 - Unwrought aluminium
  • 1.04% ($614 million): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
  • 0.874% ($516 million): 2905 - Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives

The value of merchandise imports to Oman totalled $ 38 billion in 2023. Merchandise imports to Oman increased by 0.524% compared to 2022. Goods imports grew up by $ 202 million in 2023 (the value of merchandise imports to Oman was equal to $38 billion in 2022)

Oman's imports 2023 by country

Top trading partners (import sources) of Oman in 2023:

  • United Arab Emirates with a share of 26% (10.2 billion US$)
  • Saudi Arabia with a share of 12.3% (4.79 billion US$)
  • China with a share of 7.29% (2.82 billion US$)
  • India with a share of 7.16% (2.77 billion US$)
  • Qatar with a share of 5.55% (2.15 billion US$)
  • Kuwait with a share of 4.49% (1.74 billion US$)
  • USA with a share of 3.48% (1.35 billion US$)
  • Japan with a share of 3.28% (1.27 billion US$)
  • Brazil with a share of 3.15% (1.22 billion US$)
  • Germany with a share of 1.72% (669 million US$)

Imports structure to Oman in 2023 represented by the following main commodity groups:

  • 23% (9.28 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.33% (3.62 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.3% (3.21 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.93% (2.3 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.21% (1.63 billion US$): 72 - Iron and steel
  • 3.82% (1.48 billion US$): 29 - Organic chemicals
  • 3.74% (1.45 billion US$): 26 - Ores, slag and ash
  • 3.64% (1.41 billion US$): 73 - Articles of iron or steel
  • 2.55% (990 million US$): 39 - Plastics and articles thereof
  • 2.36% (915 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin

What did Oman import in 2023?

Oman's Top Imports in 2023:

  • 18.2% ($7.09 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 5.67% ($2.19 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 4.05% ($1.57 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.62% ($1.4 billion): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 2.32% ($901 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.9% ($738 million): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 1.67% ($650 million): 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
  • 1.32% ($512 million): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 1.29% ($502 million): 2909 - Ethers, ether-alcohols, ether-phenols, ether-alcohol-phenols, alcohol peroxides, ether peroxides, ketone peroxides (chemically defined or not); halogenated, sulphonated, nitrated, nitrosated derivative
  • 1.24% ($482 million): 7203 - Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms

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Oman | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023