Oman Trade Balance
1975 - 2023 | Monthly | USD mn | CEIC Data
Key information about Oman's Trade Balance
- Oman's Trade Balance recorded a surplus of 1.9 USD bn in Jun 2023, compared with a surplus of 1.4 USD bn in the previous month
- Oman's Trade Balance data is updated monthly, available from Jan 1975 to Jun 2023, with an averaged value of 875.4 USD mn
- The data reached an all-time high of 3.1 USD bn in May 2022 and a record low of -64.8 USD mn in Dec 2015
Further information about Oman's Trade Balance
- In the latest reports, Oman's Total Exports reached 4.5 USD bn in Jun 2023, a decrease of 0.7% YoY (year-on-year)
- Total Imports recorded 3.6 USD bn in May 2023, an increase of 0.7% YoY (year-on-year)
View Oman's Trade Balance from Jan 1975 to Jun 2023 in the chart:
What was Oman's Trade Balance in Jun 2023?
Oman's Trade Balance recorded a surplus of 1.9 USD bn in Jun 2023, compared with a surplus of 1.4 USD bn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,870.2 Jun 2023 | 1,394.0 May 2023 | -64.8 Dec 2015 | 3,133.7 May 2022 | USD mn | monthly | Jan 1975 - Jun 2023 |
Trade Balance by Country Comparison
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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -417.6 Aug 2023 | monthly | Oct 1998 - Aug 2023 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | -989.0 Sep 2023 | monthly | Jan 1991 - Sep 2023 |
| Armenia (USD mn) | -160.8 Sep 2023 | monthly | Nov 1995 - Sep 2023 |
| Australia (USD mn) | 4,360.6 Sep 2023 | monthly | Jul 1971 - Sep 2023 |
| Austria (USD mn) | -54.2 Jul 2023 | monthly | Jan 1957 - Jul 2023 |
| Azerbaijan (USD mn) | 1,983.2 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Bahrain (USD mn) | 8,242.9 2022 | yearly | 1966 - 2022 |
| Bangladesh (USD mn) | -1,846.7 Aug 2023 | monthly | Jul 1986 - Aug 2023 |
| Belarus (USD mn) | 370.7 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Belgium (USD mn) | 1,867.8 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Bolivia (USD mn) | 24.0 Aug 2023 | monthly | Oct 1994 - Aug 2023 |
| Bosnia and Herzegovina (USD mn) | -595.8 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Botswana (USD mn) | -26.7 Aug 2023 | monthly | Jan 2001 - Aug 2023 |
| Brazil (USD mn) | 8,958.4 Oct 2023 | monthly | Jan 1959 - Oct 2023 |
| Brunei (USD mn) | -13.1 Jun 2023 | monthly | Jan 2010 - Jun 2023 |
| Bulgaria (USD mn) | -437.4 Jul 2023 | monthly | Jan 1995 - Jul 2023 |
| Cambodia (USD mn) | -279.0 Oct 2023 | monthly | Jun 2013 - Oct 2023 |
| Canada (USD mn) | 1,506.2 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Chile (USD mn) | 945.8 Oct 2023 | monthly | Jan 1968 - Oct 2023 |
| China (USD mn) | 56,528.1 Oct 2023 | monthly | Jan 1992 - Oct 2023 |
| Colombia (USD mn) | -1,341.3 Aug 2023 | monthly | Jan 1958 - Aug 2023 |
| Croatia (USD mn) | -1,528.9 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
| Cyprus (USD mn) | -730.2 Aug 2023 | monthly | Jan 1957 - Aug 2023 |
| Czech Republic (USD mn) | 993.2 Aug 2023 | monthly | Jan 1996 - Aug 2023 |
| Denmark (USD mn) | -57.3 Sep 2023 | monthly | Jan 1997 - Sep 2023 |
| Ecuador (USD mn) | 525.4 Sep 2023 | monthly | Mar 1992 - Sep 2023 |
| Egypt (USD mn) | -3,883.7 Aug 2023 | monthly | Jan 1957 - Aug 2023 |
| Estonia (USD mn) | -320.0 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| European Union (USD mn) | 10,942.3 Aug 2023 | monthly | Jan 2002 - Aug 2023 |
| Finland (USD mn) | 389.5 Sep 2023 | monthly | Jan 1992 - Sep 2023 |
| France (USD mn) | -9,516.2 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Georgia (USD mn) | -713.3 Sep 2023 | monthly | Jan 1995 - Sep 2023 |
| Germany (USD mn) | 17,832.9 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Ghana (USD mn) | 112.7 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
| Greece (USD mn) | -2,856.3 Sep 2023 | monthly | Jan 2002 - Sep 2023 |
| Hong Kong SAR, China (USD mn) | -8,249.3 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Hungary (USD mn) | 725.1 Aug 2023 | monthly | Jan 1976 - Aug 2023 |
| Iceland (USD mn) | -107.2 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| India (USD mn) | -19,370.0 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Indonesia (USD mn) | 3,475.6 Oct 2023 | monthly | Jan 1967 - Oct 2023 |
| Iran (USD mn) | 22,668.0 2021 | yearly | 1948 - 2021 |
| Ireland (USD mn) | 6,486.6 Aug 2023 | monthly | Jan 1970 - Aug 2023 |
| Israel (USD mn) | -1,945.5 Oct 2023 | monthly | Jan 1988 - Oct 2023 |
| Italy (USD mn) | 4,434.9 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Ivory Coast (USD mn) | -3.6 Jul 2023 | monthly | Jan 1981 - Jul 2023 |
| Japan (USD mn) | -2,936.5 Sep 2023 | monthly | Apr 1995 - Sep 2023 |
| Jordan (USD mn) | 3,138.8 Sep 2023 | monthly | Jan 1972 - Sep 2023 |
| Kazakhstan (USD mn) | 1,592.6 Sep 2023 | monthly | Sep 1995 - Sep 2023 |
| Kenya (USD mn) | -770.9 Jul 2023 | monthly | Oct 1992 - Jul 2023 |
| South Korea (USD mn) | 1,627.2 Oct 2023 | monthly | Jan 1966 - Oct 2023 |
| Kosovo (USD mn) | -492.2 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Kuwait (USD mn) | 1,817.0 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Kyrgyzstan (USD mn) | -772.6 Aug 2023 | monthly | Jan 2002 - Aug 2023 |
| Laos (USD mn) | 200.4 Jun 2023 | quarterly | Dec 1992 - Jun 2023 |
| Latvia (USD mn) | -552.3 Sep 2023 | monthly | Jan 1995 - Sep 2023 |
| Lebanon (USD mn) | -397.4 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Lithuania (USD mn) | -404.5 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
| Luxembourg (USD mn) | -778.9 Aug 2023 | monthly | Jan 1988 - Aug 2023 |
| Macau SAR, China (USD mn) | -1,326.7 Sep 2023 | monthly | Jan 1998 - Sep 2023 |
| North Macedonia (USD mn) | -222.8 Sep 2023 | monthly | Dec 1993 - Sep 2023 |
| Malawi (USD mn) | -42.8 Feb 2023 | monthly | Jan 1964 - Feb 2023 |
| Malaysia (USD mn) | 3,930.5 Sep 2023 | monthly | Jan 1990 - Sep 2023 |
| Malta (USD mn) | -247.2 Sep 2023 | monthly | Jan 1960 - Sep 2023 |
| Mauritius (USD mn) | -378.2 Aug 2023 | monthly | Jan 2006 - Aug 2023 |
| Mexico (USD mn) | -822.1 Sep 2023 | monthly | Jan 1993 - Sep 2023 |
| Moldova (USD mn) | -377.0 Aug 2023 | monthly | Jan 1992 - Aug 2023 |
| Mongolia (USD mn) | 482.4 Sep 2023 | monthly | Jan 1997 - Sep 2023 |
| Montenegro (USD mn) | -326.1 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Morocco (USD mn) | -2,251.3 Aug 2023 | monthly | Jan 1957 - Aug 2023 |
| Mozambique (USD mn) | -60.6 Sep 2023 | monthly | Jan 2011 - Sep 2023 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -1,003.8 Oct 2023 | monthly | Aug 1974 - Oct 2023 |
| Netherlands (USD mn) | 14,201.2 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| New Zealand (USD mn) | -1,381.4 Sep 2023 | monthly | Jan 1960 - Sep 2023 |
| Nigeria (USD mn) | 2,864.8 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Norway (USD mn) | 4,249.9 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Oman (USD mn) | 1,870.2 Jun 2023 | monthly | Jan 1975 - Jun 2023 |
| Pakistan (USD mn) | -1,489.0 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| Palestinian Territory (USD mn) | -558.5 Jul 2023 | monthly | Jan 2011 - Jul 2023 |
| Panama (USD mn) | -753.6 Jul 2023 | monthly | Jan 1964 - Jul 2023 |
| Paraguay (USD mn) | 137.9 Oct 2023 | monthly | Jan 1994 - Oct 2023 |
| Peru (USD mn) | 1,200.1 Sep 2023 | monthly | Jan 1985 - Sep 2023 |
| Philippines (USD mn) | -3,511.0 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Poland (USD mn) | 1,135.5 Aug 2023 | monthly | Jan 1986 - Aug 2023 |
| Portugal (USD mn) | -2,317.3 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Qatar (USD mn) | 5,458.2 Sep 2023 | monthly | Jan 2014 - Sep 2023 |
| Romania (USD mn) | -2,295.9 Sep 2023 | monthly | Aug 1990 - Sep 2023 |
| Russia (USD mn) | 10,731.9 Jan 2023 | monthly | Jan 1998 - Jan 2023 |
| Saudi Arabia (USD mn) | 221,307.4 2022 | yearly | 1957 - 2022 |
| Serbia (USD mn) | -612.4 Sep 2023 | monthly | Jan 2001 - Sep 2023 |
| Singapore (USD mn) | 3,624.6 Sep 2023 | monthly | Jan 1976 - Sep 2023 |
| Slovakia (USD mn) | 526.6 Aug 2023 | monthly | Jan 2004 - Aug 2023 |
| Slovenia (USD mn) | -1,277.8 Aug 2023 | monthly | Nov 1991 - Aug 2023 |
| South Africa (USD mn) | 692.9 Sep 2023 | monthly | Oct 2004 - Sep 2023 |
| Spain (USD mn) | -3,304.6 Aug 2023 | monthly | Sep 1973 - Aug 2023 |
| Sri Lanka (USD mn) | -377.5 Sep 2023 | monthly | Jan 1982 - Sep 2023 |
| Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Sweden (USD mn) | 198.5 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Switzerland (USD mn) | 7,446.3 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
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Includes 180 key indicators for Oman, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 2.6 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | 46.814 Sep 2023 | monthly | Jun 2003 - Sep 2023 |
| Tax Revenue (USD mn) | 3,304.518 2021 | yearly | 1996 - 2021 |
| Tax Revenue: % of GDP (%) | 3.7 2021 | yearly | 1996 - 2021 |
| National Government Debt (USD mn) | 46,137.8 2022 | yearly | 1990 - 2022 |
| Government Debt: % of GDP (%) | 40.2 2022 | yearly | 1990 - 2022 |
| Forecast: Government Expenditure (OMR bn) | 11.499 2028 | yearly | 1990 - 2028 |
| Forecast: Government Net Debt (OMR bn) | 13.559 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (OMR bn) | 12.441 2028 | yearly | 1990 - 2028 |
| Government Revenue: Corporate Income Tax (OMR mn) | 15.000 Aug 2023 | monthly | Jan 2006 - Aug 2023 |
| Government Expenditure: Current (OMR mn) | 714.000 Sep 2023 | monthly | Jun 2003 - Sep 2023 |
| Government Financing (OMR mn) | -567.000 Sep 2023 | monthly | Jan 2006 - Sep 2023 |
| Government Expenditure: Investment (OMR mn) | 99.000 Sep 2023 | monthly | Jun 2003 - Sep 2023 |
| Government Surplus or Deficit: Fiscal (OMR mn) | 18.000 Sep 2023 | monthly | Jun 2003 - Sep 2023 |
| Government Expenditure (OMR mn) | 946.000 Sep 2023 | monthly | Jun 2003 - Sep 2023 |
| Government Surplus or Deficit: Remaining (OMR mn) | -549.000 Sep 2023 | monthly | Jan 2006 - Sep 2023 |
| Government Revenue (OMR mn) | 964.000 Sep 2023 | monthly | Jun 2003 - Sep 2023 |
| Government Revenue: Current (OMR mn) | 120.000 Sep 2023 | monthly | Mar 2012 - Sep 2023 |
| Government Debt (OMR mn) | 17,740.000 2022 | yearly | 2001 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.354 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,870.2 Jun 2023 | monthly | Jan 1975 - Jun 2023 |
| Total Exports (USD mn) | 4,450.2 Jun 2023 | monthly | Mar 2003 - Jun 2023 |
| Total Exports Growth (%) | -9.5 Sep 2023 | monthly | Mar 2004 - Sep 2023 |
| Aluminum: Exports (USD th) | 2,089,297.342 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 155,305.875 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,561.969 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,565.7 May 2023 | monthly | Jan 1975 - May 2023 |
| Total Imports Growth (%) | 0.7 Mar 2023 | monthly | Jan 1976 - Mar 2023 |
| Imports: Medicament (USD th) | 394,025.071 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 155,778.457 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 89.758 Jul 2023 | monthly | Oct 1986 - Jul 2023 |
| Total Imports from USA (USD mn) | 84.411 Jul 2023 | monthly | Jan 1981 - Jul 2023 |
| Total Exports to China (USD mn) | 47.074 Jun 2017 | monthly | Nov 2009 - Jun 2017 |
| Total Imports from China (USD mn) | 205.462 Jun 2023 | monthly | Jun 1984 - Jun 2023 |
| Exports: Non Oil (OMR mn) | 569.757 Jun 2023 | monthly | Jan 2006 - Jun 2023 |
| Exports: Non Oil: United Arab Emirates (OMR mn) | 77.000 Jun 2023 | monthly | Jan 2006 - Jun 2023 |
| Imports: Saudi Arabia (OMR mn) | 104.000 Jun 2023 | monthly | Jan 2011 - Jun 2023 |
| Exports: Crude Oil: India (Barrel th) | 0.000 Sep 2023 | monthly | Nov 2010 - Sep 2023 |
| Exports: Crude Oil: Japan (Barrel th) | 0.000 Sep 2023 | monthly | Feb 2006 - Sep 2023 |
| Exports: Crude Oil (Barrel th) | 25,279.400 Sep 2023 | monthly | Feb 2006 - Sep 2023 |
| Exports: Crude Oil: China (Barrel th) | 23,959.500 Sep 2023 | monthly | Feb 2006 - Sep 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.4 Jun 2023 | quarterly | Jun 2008 - Jun 2023 |
| Non-Performing Loans (USD mn) | 477.503 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
| Money Supply M1 (USD mn) | 14,757.607 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
| Money Supply M2 (USD mn) | 56,390.897 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
| M2 Growth (%) | 4.5 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Reserve Requirement Ratio (%) | 5.0 Oct 2023 | monthly | Jun 2006 - Oct 2023 |
| Foreign Exchange Reserves (USD mn) | 14,819.5 Sep 2023 | monthly | Apr 1970 - Sep 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 13.962 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.1 Jun 2023 | monthly | Jan 1975 - Jun 2023 |
| Gold Reserves (USD mn) | 179.974 Sep 2023 | monthly | Dec 1969 - Sep 2023 |
| Total Deposits (USD mn) | 58,367.241 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Total Deposits Growth (%) | 4.1 Sep 2023 | monthly | Jan 2001 - Sep 2023 |
| Domestic Credit (USD mn) | 67,786.7 Sep 2023 | monthly | Dec 1999 - Sep 2023 |
| Domestic Credit Growth (%) | 3.2 Sep 2023 | monthly | Dec 2000 - Sep 2023 |
| Total Loans (USD mn) | 63,806.242 Sep 2023 | monthly | Dec 1998 - Sep 2023 |
| Total Loans Growth (%) | 4.42 Sep 2023 | monthly | Dec 1999 - Sep 2023 |
| Private Debt: % of Nominal GDP (%) | 46.84 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
More Indicators for Oman
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Foreign Trade
Exports
Exports and Re-Exports: by Commodity: Annual
Exports and Re-Exports: by Country: Annual
Exports: Copper Cathode
Exports: fob: by Country: Annual
Exports: fob: by Country: Quarterly
Imports
Imports: by Country
Imports: by Standard International Trade Classification
Imports: by Transportation Mode: Annual
Imports: cif: by Country: Monthly
Trade Index
Trade Statistics: Annual
Trade Tariffs
Crude Oil: Exports
Exports and Re-Exports: by Commodity
Exports and Re-Exports: by Country
Exports and Re-Exports: by Standard International Trade Classification
Exports: Fish: by Type and Destination
Exports: fob: by Country: Monthly
Exports: Non Oil
Imports: by Commodity
Imports: by Country: Annual
Imports: by Transportation Mode
Imports: cif: by Country: Annual
Imports: cif: by Country: Quarterly
Trade Statistics
Trade Statistics: Quarterly
Volume and Unit Value Index: Annual