Oman is the 53rd largest export economy in the world. In 2016, Oman exported $21.1B and imported $20.6B, resulting in a positive trade balance of $439M. In 2016 the GDP of Oman was $66.3B and its GDP per capita was $15k.

The top exports of Oman are Crude Petroleum ($12.1B), Refined Petroleum ($2.28B), Nitrogenous Fertilizers ($499M), Raw Aluminium ($468M) and Cyclic Hydrocarbons ($454M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.85B), Gold ($558M), Cement ($415M), Jewellery ($373M) and Iron Ore ($337M).

The top export destinations of Oman are China ($10.7B), the United Arab Emirates ($1.84B), India ($924M), the United States ($811M) and Iraq ($759M). The top import origins are the United Arab Emirates ($5.15B), India ($2.58B), Japan ($2.55B), China ($2.15B) and the United States ($1.8B).

Oman borders the United Arab Emirates, Saudi Arabia and Yemen by land and Iran and Pakistan by sea.