OM
Trade & investment · Middle East, North Africa, Afghanistan & Pakistan · High income
Oman: trade and investment
Exports is 66.1% (2024), 34th of 184 in the world and 7th of 21 in the Middle East & North Africa. Imports is 48.8% (2024), 83rd of 184 in the world and 11th of 21 in the Middle East & North Africa. Trade openness is 114.9% (2024), 45th of 184 in the world and 6th of 21 in the Middle East & North Africa.
13 indicators
Trade & investment: Oman in detail
Latest reported value, world rank and rank within Middle East, North Africa, Afghanistan & Pakistan; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 66.1%2024 | 34/184 | 7/21 | 52.9% | 59.1% | 47.1% | +4.6 ppsince 2014 | 41.1% | 31.7% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 48.8%2024 | 83/184 | 11/21 | 28.5% | 37.3% | 44.8% | +7.9 ppsince 2014 | 38.4% | 30.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 114.9%2024 | 45/184 | 6/21 | 81.4% | 96.4% | 91.9% | +12.6 ppsince 2014 | 57.2% | 60.5% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -1.1%2025 | 90/185 | 11/20 | 14.1% | 7.6% | -16.6% | +12.7 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $55.3bn2025 | 53/206 | 8/22 | $11.3bn | $36.6bn | $33.5bn | +73%since 2015 | $1.8tn | $17.5tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 5.0%2023 | 102/170 | 7/19 | · | 3.4%2012 | 8.5% | +1.6 ppsince 2013 | 8.6% | 25.8% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 72.4%2025 | 13/172 | 6/20 | 83.2% | 77.8% | 63.6% | −3.8 ppsince 2015 | 68.5% | 10.4% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 4.3%2025 | 143/172 | 13/20 | 3.0% | 2.6% | 5.4% | +0.1 ppsince 2015 | 4.1% | 8.8% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 2.1%2022 | 127/184 | 19/20 | 12.7%2001 | 2.9%2009 | 1.7% | −0.2 ppsince 2012 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 6.2%2025 | 33/197 | 4/21 | 0.4% | 1.9% | 2.5% | +8.9 ppsince 2015 | 2.3% | 1.5% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 0.0%2025 | 172/178 | 15/17 | 0.2% | 0.1% | 0.1% | ±0.0 ppsince 2015 | 2.7% | 0.3% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 869,0002020 | 106/196 | 13/18 | 1.1m2001 | 1.5m | 869,000 | −42%since 2010 | 153m | 1.5bn | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $669m2020 | 87/177 | 14/20 | $377m | $1.1bn | $669m | −38%since 2010 | $145bn | $1.2tn | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Oman and its neighbours
Countries sharing a land border with Oman. Latest values since 2005; the highest in each row is marked.
| Indicator | Oman | Iran | Yemen | Saudi Arabia | United Arab Emirates |
|---|---|---|---|---|---|
| Exports | 66.1%2024 | 25.8%2025 | 8.8%2018 | 29.7%2025 | 106.8%2023 |
| Imports | 48.8%2024 | 34.5%2025 | 47.3%2018 | 28.2%2025 | 92.2%2023 |
| Trade openness | 114.9%2024 | 60.2%2025 | 56.1%2018 | 57.9%2025 | 199.0%2023 |
| Current account | -1.1%2025 | — | -7.7%2016 | -2.6%2025 | 15.7%2024 |
| Merchandise exports | $55.3bn2025 | $113bn2025 | $196m2025 | $311bn2025 | $707bn2025 |
| High-tech exports | 5.0%2023 | 0.8%2022 | 4.8%2015 | 0.5%2024 | 9.0%2023 |
| Fuel exports | 72.4%2025 | 68.0%2023 | 0.0%2024 | 78.7%2025 | 68.2%2023 |
| Food exports | 4.3%2025 | 5.6%2023 | 63.4%2024 | 2.2%2025 | 2.9%2023 |
| Average tariff | 2.1%2022 | 12.1%2020 | 5.0%2017 | 5.4%2022 | 2.6%2021 |