Looking for commercial partners in Oman? List your company on Macro Market.

Oman is the 53rd largest export economy in the world and the 50th most complex economy according to the Economic Complexity Index (ECI). 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.

Economic Complexity of Oman

More on Oman from our other sites