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 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Oman totalled $ 41 billion in 2023. Sales of commodity group 27 from Oman went up by 1.08 thousand% compared to 2022: exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" went up by $ 37 billion (cumulative exports of commodity group 27 from Oman amounted $3.46 billion in 2022)

Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 69% of total exports from Oman (cumulative merchandise exports from Oman totalled $ 59 billion in 2023). The share of commodity group 27 in total exports from Oman increased by 54 p.p. compared to 2022 (it was 15% in 2022 and cumulative exports from Oman were equal to $ 22 billion).

Where does Oman export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?

Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Oman in 2023:

  • Areas, nes with a share of 87% (35 billion US$)
  • South Africa with a share of 3.39% (1.39 billion US$)
  • Madagascar - 353 million US$
  • United Arab Emirates - 343 million US$
  • India - 328 million US$
  • Egypt - 308 million US$
  • Maldives - 272 million US$
  • Mauritius - 254 million US$
  • Kenya - 250 million US$
  • Mozambique - 222 million US$

Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Oman in 2023 represented by the following main commodity groups:

  • 62% (25 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 20% (8.37 billion US$): 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
  • 16.5% (6.81 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 0.789% (324 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
  • 0.033% (13.8 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
  • 0.01% (4.12 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
  • 0.003% (1.29 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
  • 0% (75 thousand US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
  • 0% (39 thousand US$): 2703 - Peat (including peat litter), whether or not agglomerated.
  • 0% (33 thousand US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured

The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Oman totalled $ 9.28 billion in 2023. Sales of commodity group 27 to Oman decreased by 0.532% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 49 million (the value of imports of commodity group 27 to Oman was equal to $9.33 billion in 2022)

Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 23% of total import flow to Oman (in 2023, total imports to Oman amounted to $ 38 billion). The share of commodity group 27 in total imports to Oman decreased by 0.254 p.p. compared to 2022 (it was 24% in 2022 and cumulative imports to Oman were equal to $ 38 billion).

Where does Oman import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?

Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Oman in 2023:

  • Saudi Arabia with a share of 32% (3 billion US$)
  • Kuwait with a share of 17.3% (1.61 billion US$)
  • Qatar with a share of 12.8% (1.19 billion US$)
  • United Arab Emirates with a share of 8.67% (805 million US$)
  • India with a share of 7.92% (735 million US$)
  • Iraq with a share of 3.9% (362 million US$)
  • Russia with a share of 3.03% (282 million US$)
  • USA with a share of 2.12% (197 million US$)
  • Netherlands with a share of 1.78% (165 million US$)
  • Greece with a share of 1.55% (144 million US$)

Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Oman in 2023 represented by the following main commodity groups:

  • 76% (7.09 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 16.9% (1.57 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.03% (281 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
  • 2.03% (189 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 0.54% (50 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 0.423% (39 million US$): 2708 - Pitch and pitch coke, obtained from coal tar or from other mineral tars
  • 0.213% (19.8 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
  • 0.17% (15.7 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
  • 0.128% (11.9 million US$): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon
  • 0.063% (5.91 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents

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Oman | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023