Trade balance in Oman in 2024 — 18,526,657,997 US$. Ranked 24 in the world out of 171. Since 1967, the indicator has risen by 152,367.2%.
1967–2024 · US$
How the value compares with the world and the groups this territory belongs to: Oman
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 18.53B | +772M | +4.35% |
| 2023 | 17.75B | −5.05B | −22.13% |
| 2022 | 22.8B | +13.45B | +143.8% |
| 2021 | 9.35B | +7.66B | +451.53% |
| 2020 | 1.7B | −9.32B | −84.6% |
| 2019 | 11.01B | +65.02M | +0.59% |
| 2018 | 10.95B | +8.94B | +446.04% |
| 2017 | 2.01B | +2.17B | +1,286.15% |
| 2016 | -169M | −2.47B | −107.34% |
| 2015 | 2.3B | −16.79B | −87.93% |
| 2014 | 19.1B | +1.54B | +8.79% |
| 2013 | 17.56B | −2.87B | −14.06% |
| 2012 | 20.43B | +127M | +0.63% |
| 2011 | 20.3B | +6.13B | +43.24% |
| 2010 | 14.17B | +6.43B | +83.16% |
| 2009 | 7.74B | −5.24B | −40.36% |
| 2008 | 12.97B | +6.03B | +86.96% |
| 2007 | 6.94B | −2.18B | −23.92% |
| 2006 | 9.12B | +661M | +7.81% |
| 2005 | 8.46B | +5.36B | +173.13% |
| 2004 | 3.1B | −572M | −15.59% |
| 2003 | 3.67B | −598M | −14.02% |
| 2002 | 4.27B | −83.22M | −1.91% |
| 2001 | 4.35B | −1.07B | −19.72% |
| 2000 | 5.42B | +3.78B | +231.32% |
| 1999 | 1.64B | +2.73B | +249.41% |
| 1998 | -1.09B | −4.02B | −137.39% |
| 1997 | 2.93B | −211M | −6.71% |
| 1996 | 3.14B | +1.07B | +52.02% |
| 1995 | 2.07B | +185M | +9.82% |
| 1994 | 1.88B | +385M | +25.74% |
| 1993 | 1.5B | −455M | −23.33% |
| 1992 | 1.95B | +289M | +17.37% |
| 1991 | 1.66B | −1.22B | −42.33% |
| 1990 | 2.88B | — | — |
| 1988 | 726M | −822M | −53.11% |
| 1987 | 1.55B | +1.67B | +1,357.67% |
| 1986 | -123M | −1.39B | −109.72% |
| 1985 | 1.27B | +145M | +12.92% |
| 1984 | 1.12B | −116M | −9.37% |
| 1983 | 1.24B | +73.25M | +6.3% |
| 1982 | 1.16B | −768M | −39.77% |
| 1981 | 1.93B | +435M | +29.09% |
| 1980 | 1.5B | +736M | +96.87% |
| 1979 | 760M | +497M | +188.99% |
| 1978 | 263M | −128M | −32.74% |
| 1977 | 391M | −28.08M | −6.7% |
| 1976 | 419M | +65.43M | +18.51% |
| 1975 | 354M | −73.83M | −17.28% |
| 1974 | 427M | +366M | +600.26% |
| 1973 | 61.02M | +3.7M | +6.45% |
| 1972 | 57.33M | −43.97M | −43.41% |
| 1971 | 101M | −37.18M | −26.85% |
| 1970 | 138M | −12M | −7.97% |
| 1969 | 150M | +45.84M | +43.81% |
| 1968 | 105M | +92.49M | +761.15% |
| 1967 | 12.15M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
