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Oman is the 61st largest export economy in the world. In 2016, Oman exported $27.1B and imported $28B, resulting in a negative trade balance of $963M. In 2016 the GDP of Oman was $66.3B and its GDP per capita was $15k.

The top exports of Oman are Crude Petroleum ($12.8B), Petroleum Gas ($2.65B), Refined Petroleum ($2.21B), Raw Aluminium ($585M) and Cyclic Hydrocarbons ($576M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($3.17B), Refined Petroleum ($2.12B), Gold ($600M), Delivery Trucks ($529M) and Valves ($404M).

The top export destinations of Oman are China ($10.8B), the United Arab Emirates ($2.59B), South Korea ($2.19B), Japan ($1.59B) and India ($1.22B). The top import origins are the United Arab Emirates ($10.6B), Japan ($2.59B), China ($1.57B), the United States ($1.43B) and India ($1.36B).

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

Economic Complexity of Oman

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