Oman Trade Balance 1967-2021
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 $10.89B, a 1.23% decline from 2018.
- Oman trade balance for 2018 was $11.02B, a 450.25% increase from 2017.
- Oman trade balance for 2017 was $2.00B, a 1336.64% decline from 2016.
- Oman trade balance for 2016 was $-0.16B, a 107.03% decline from 2015.
| Oman Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2019 |
$10.89B |
14.26% |
| 2018 |
$11.02B |
13.82% |
| 2017 |
$2.00B |
2.84% |
| 2016 |
$-0.16B |
-0.25% |
| 2015 |
$2.30B |
3.37% |
| 2014 |
$18.79B |
23.29% |
| 2013 |
$17.54B |
22.33% |
| 2012 |
$20.41B |
26.68% |
| 2011 |
$20.18B |
29.74% |
| 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% |
