Oman Trade Balance 1967-2024

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 2021 was $9.82B, a 478.62% increase from 2020.
  • Oman trade balance for 2020 was $1.70B, a 84.59% 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $230.95B
Ireland $205.74B
Singapore $157.31B
Netherlands $115.88B
Switzerland $100.20B
Norway $74.75B
Saudi Arabia $73.49B
Australia $66.28B
South Korea $64.65B
Italy $46.50B
Qatar $44.35B
Sweden $30.37B
Luxembourg $28.50B
Denmark $27.16B
Poland $22.60B
Hong Kong $20.55B
Israel $17.59B
Argentina $14.95B
Spain $13.90B
Puerto Rico $12.86B
Belgium $10.60B
Oman $9.82B
Czech Republic $8.35B
Bahrain $7.66B
Austria $4.40B
Macao $4.39B
Uruguay $4.34B
Slovenia $3.61B
Malta $3.20B
Lithuania $3.00B
Panama $2.33B
Brunei $1.85B
Bermuda $1.83B
Cyprus $1.17B
San Marino $0.49B
Hungary $0.35B
Canada $0.17B
Finland $0.10B
Faroe Islands $0.02B
Virgin Islands (U.S.) $0.01B
Aruba $-0.05B
Slovak Republic $-0.09B
Antigua and Barbuda $-0.11B
Palau $-0.16B
Seychelles $-0.35B
Estonia $-0.37B
Iceland $-0.46B
Greenland $-0.46B
Barbados $-0.47B
Latvia $-1.24B
French Polynesia $-1.56B
Bahamas $-1.59B
Croatia $-1.90B
Chile $-2.81B
Guam $-3.47B
United Kingdom $-4.84B
Portugal $-7.21B
New Zealand $-9.83B
Greece $-16.68B
Japan $-26.21B
France $-55.70B
United States $-858.24B
Oman Trade Balance - Historical Data
Year Billions of US $ % of GDP
2021 $9.82B 11.14%
2020 $1.70B 2.24%
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%