Oman Trade Balance 1967-2022

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Oman trade balance for 2020 was $5.50B, a 50.02% decline from 2019.
  • Oman trade balance for 2019 was $11.01B, a 0.62% increase from 2018.
  • Oman trade balance for 2018 was $10.95B, a 446.44% increase from 2017.
  • Oman trade balance for 2017 was $2.00B, a 1288.73% decline from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $220.22B
Singapore $109.48B
Netherlands $95.12B
Ireland $94.86B
UAE $88.35B
Italy $69.31B
Switzerland $66.16B
South Korea $60.21B
Australia $52.16B
Poland $40.53B
Sweden $25.10B
Luxembourg $24.27B
Denmark $22.97B
Israel $18.92B
Spain $18.88B
Czech Republic $16.76B
Austria $12.44B
Qatar $11.87B
Argentina $11.83B
Chile $11.53B
United Kingdom $8.15B
Belgium $7.34B
Hong Kong $6.62B
Oman $5.50B
Lithuania $5.25B
Slovenia $4.94B
Hungary $3.26B
Panama $2.77B
Uruguay $2.33B
Saudi Arabia $2.03B
Bahrain $1.95B
Bermuda $1.89B
Malta $1.89B
Slovak Republic $0.97B
Cayman Islands $0.78B
Finland $0.65B
Macao $0.59B
Brunei $0.53B
Latvia $0.40B
San Marino $0.37B
Estonia $0.15B
Faroe Islands $-0.04B
Antigua and Barbuda $-0.06B
Iceland $-0.16B
Seychelles $-0.28B
Barbados $-0.33B
Greenland $-0.38B
Aruba $-0.40B
Cyprus $-0.62B
New Zealand $-0.82B
Bahamas $-0.86B
Virgin Islands (U.S.) $-1.59B
Guam $-3.00B
Norway $-3.04B
Croatia $-3.87B
Portugal $-4.83B
Japan $-12.18B
Greece $-14.38B
Canada $-33.82B
France $-53.14B
United States $-651.19B
Oman Trade Balance - Historical Data
Year Billions of US $ % of GDP
2020 $5.50B 7.44%
2019 $11.01B 12.51%
2018 $10.95B 11.96%
2017 $2.00B 2.48%
2016 $-0.17B -0.22%
2015 $2.30B 2.93%
2014 $19.10B 20.60%
2013 $17.55B 19.52%
2012 $20.43B 23.37%
2011 $20.30B 26.19%
2010 $14.17B 21.80%
2009 $7.74B 15.99%
2008 $12.97B 21.30%
2007 $6.94B 16.49%
2006 $9.12B 24.51%
2005 $8.46B 27.22%
2004 $3.10B 12.51%
2003 $3.67B 16.96%
2002 $4.27B 21.18%
2001 $4.35B 22.37%
2000 $5.42B 27.78%
1999 $1.64B 10.50%
1998 $-1.09B -7.82%
1997 $1.81B 11.45%
1996 $2.15B 14.04%
1995 $1.17B 8.48%
1994 $1.06B 8.21%
1993 $0.62B 5.00%
1992 $1.14B 9.17%
1991 $0.94B 8.32%
1990 $2.29B 19.63%
1988 $0.73B 8.65%
1987 $1.55B 19.81%
1986 $-0.12B -1.68%
1985 $1.27B 12.65%
1984 $1.12B 12.70%
1983 $1.24B 15.58%
1982 $1.16B 15.39%
1981 $1.93B 26.60%
1980 $1.50B 25.00%
1979 $0.76B 20.35%
1978 $0.26B 9.59%
1977 $0.39B 14.26%
1976 $0.42B 16.36%
1975 $0.35B 16.86%
1974 $0.43B 25.96%
1973 $0.06B 12.63%
1972 $0.06B 15.63%
1971 $0.10B 33.65%
1970 $0.14B 54.03%
1969 $0.15B 62.70%
1968 $0.10B 55.40%
1967 $0.01B 11.34%