Oman is a high-income country, ranked as the 41st richest economy per capita out of 133 economies in 2021. Its population of 5.11 million has a GDP per capita of $14,485 ($31,120 PPP) in 2020. Per capita GDP growth has averaged -3.1% over the past five years, slightly below the regional average.

OMAN

Overview

Economic complexity trade

Economic complexity technology

Economic complexity research

Product export-import

Rank

Percent

Rank

Percent

Rank

Percent

Export

Import

​​​​73 of 131

-0.2

-1.38

​​​​89 of 96

​​​​110 of 140

-0.78

 $ 56.9 B

 $ 34 B

What countries border Oman?

United Arab Emirates , Saudi Arabia , Yemen   by land

Iran , Pakistan   by sea

Statistics

International trade laws

Export and import products

Oman trade statistics

As you saw above, the exact values ​​of Oman's economic complexity indicators in 2021
You know that Oman is the 79th most complicated country in the Economic Complexity Index (ECI) ranking. Compared to a decade ago, Oman's economy has become more sophisticated and has moved up 7 positions in the ECI ranking. Oman's improving sophistication has been due to the diversification of its exports.

OMAN's​​​​​​​ global market share over time(1996-2020)

International trade laws

​​To download the latest update of law and regulation of the export and import in Oman, please click on the download button.

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Export products

(%)Global share(%)Amount of exportProducts
1.8572.38 Mineral
0.136.47Chemical
0.054.42Services

Import products

(%)Amount of importProducts
21.57Services
13.73Machinery
10.77Cars

Oman as an importer

The most imports of Oman are oil ($2.8 billion), automobiles ($2.21 billion), iron ore ($1.72 billion), broadcast equipment ($710 million), and gold ($624 million), which is more than the United Arab Emirates ($11.2 billion). ) It is entered. China ($3.13 billion), India ($2.31 billion), Saudi Arabia ($1.6 billion) and Qatar ($1.6 billion).

Oman as an exporter

Oman's most exports are crude oil ($24.2 billion), petroleum gas ($6.78 billion), refined oil ($3.93 billion), nitrogen fertilizers ($2.19 billion) and semi-finished iron ($2.14 billion), mostly to China. ($23.9 billion) is exported. b), India ($5.18 billion), United Arab Emirates ($3.9 billion), South Korea ($2.66 billion) and Saudi Arabia ($2.34 billion).