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 2019 was $11.14B, a 1.73% increase from 2018.
  • Oman trade balance for 2018 was $10.95B, a 446.42% increase from 2017.
  • Oman trade balance for 2017 was $2.00B, a 1287.02% decline from 2016.
  • Oman trade balance for 2016 was $-0.17B, a 107.33% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $223.82B
Singapore $105.83B
UAE $100.97B
Netherlands $94.60B
Switzerland $89.98B
Saudi Arabia $66.92B
Italy $65.83B
Ireland $49.02B
South Korea $47.72B
Spain $41.94B
Australia $35.07B
Poland $28.05B
Macao $28.00B
Denmark $25.73B
Luxembourg $25.59B
Qatar $25.28B
Sweden $22.02B
Czech Republic $15.09B
Austria $15.01B
Kuwait $11.45B
Oman $11.14B
Argentina $10.03B
Japan $8.66B
Israel $7.38B
Norway $6.52B
Hong Kong $5.64B
Hungary $4.59B
Slovenia $4.58B
Bahrain $4.36B
Uruguay $3.61B
Belgium $3.28B
Lithuania $2.85B
Malta $2.25B
Bermuda $1.84B
Estonia $1.26B
Iceland $1.25B
Brunei $0.99B
Portugal $0.91B
Slovak Republic $0.42B
Finland $0.41B
Bahamas $0.35B
San Marino $0.34B
Faroe Islands $0.19B
Antigua and Barbuda $0.04B
Barbados $0.02B
Croatia $-0.15B
Seychelles $-0.18B
Northern Mariana Islands $-0.24B
New Zealand $-0.25B
Cyprus $-0.27B
Latvia $-0.29B
Panama $-1.79B
Guam $-2.19B
Chile $-2.31B
Greece $-3.40B
France $-26.59B
Canada $-27.79B
United Kingdom $-35.06B
United States $-610.47B
Oman Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $11.14B 14.59%
2018 $10.95B 13.72%
2017 $2.00B 2.84%
2016 $-0.17B -0.26%
2015 $2.30B 3.37%
2014 $19.10B 23.67%
2013 $17.55B 22.35%
2012 $20.43B 26.70%
2011 $20.30B 29.91%
2010 $14.17B 24.90%
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%