Oman Trade Balance
Key information about Oman's Trade Balance
- Oman's Trade Balance recorded a surplus of 2.1 USD bn in Feb 2024, compared with a surplus of 2.3 USD bn in the previous month
- Oman's Trade Balance data is updated monthly, available from Jan 1975 to Feb 2024, with an averaged value of 871.8 USD mn
- The data reached an all-time high of 3.2 USD bn in May 2022 and a record low of -345.9 USD mn in Jul 2020
Further information about Oman's Trade Balance
- In the latest reports, Oman's Total Exports reached 5.5 USD bn in Feb 2024, an increase of 0.7% YoY (year-on-year)
- Total Imports recorded 3.7 USD bn in Jan 2024, an increase of 0.7% YoY (year-on-year)
View Oman's Trade Balance from Jan 1975 to Feb 2024 in the chart:
What was Oman's Trade Balance in Feb 2024?
Oman's Trade Balance recorded a surplus of 2.1 USD bn in Feb 2024, compared with a surplus of 2.3 USD bn in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
2,124.8 Feb 2024 | 2,280.9 Jan 2024 | -345.9 Jul 2020 | 3,182.7 May 2022 | USD mn | monthly | Jan 1975 - Feb 2024 |
Trade Balance by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | -438.6 Mar 2024 | monthly | Oct 1998 - Mar 2024 |
Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
Argentina (USD mn) | 1,374.3 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
Armenia (USD mn) | 122.6 Mar 2024 | monthly | Nov 1995 - Mar 2024 |
Australia (USD mn) | 3,294.7 Mar 2024 | monthly | Jul 1971 - Mar 2024 |
Austria (USD mn) | 789.5 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
Azerbaijan (USD mn) | -60.6 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
Bahrain (USD mn) | 4,501.7 2023 | yearly | 1966 - 2023 |
Bangladesh (USD mn) | -1,381.2 Feb 2024 | monthly | Jul 1986 - Feb 2024 |
Belarus (USD mn) | -46.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Belgium (USD mn) | 3,414.0 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
Bolivia (USD mn) | -121.6 Feb 2024 | monthly | Oct 1994 - Feb 2024 |
Bosnia and Herzegovina (USD mn) | -601.5 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
Botswana (USD mn) | -319.0 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
Brazil (USD mn) | 7,482.7 Mar 2024 | monthly | Jan 1959 - Mar 2024 |
Brunei (USD mn) | 512.5 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
Bulgaria (USD mn) | -586.1 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
Cambodia (USD mn) | -60.2 Feb 2024 | monthly | Jun 2013 - Feb 2024 |
Canada (USD mn) | -1,682.0 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
Chile (USD mn) | 1,769.8 Mar 2024 | monthly | Jan 1968 - Mar 2024 |
China (USD mn) | 58,551.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
Colombia (USD mn) | -1,010.1 Feb 2024 | monthly | Jan 1958 - Feb 2024 |
Croatia (USD mn) | -1,343.3 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
Cyprus (USD mn) | -617.5 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
Czech Republic (USD mn) | 3,162.3 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
Denmark (USD mn) | 1,145.3 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
Ecuador (USD mn) | 678.9 Feb 2024 | monthly | Mar 1992 - Feb 2024 |
Egypt (USD mn) | -2,724.0 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
Estonia (USD mn) | -217.8 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
European Union (USD mn) | 16,022.1 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
Finland (USD mn) | -300.0 Dec 2023 | monthly | Jan 1992 - Dec 2023 |
France (USD mn) | -5,659.8 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Georgia (USD mn) | -621.9 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
Germany (USD mn) | 23,053.8 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
Ghana (USD mn) | 112.7 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Greece (USD mn) | -3,274.6 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
Hong Kong SAR, China (USD mn) | -5,753.7 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Hungary (USD mn) | 1,641.5 Mar 2024 | monthly | Jan 1976 - Mar 2024 |
Iceland (USD mn) | -198.6 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
India (USD mn) | -15,598.0 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Indonesia (USD mn) | 4,473.1 Mar 2024 | monthly | Jan 1967 - Mar 2024 |
Iran (USD mn) | 22,668.0 2021 | yearly | 1948 - 2021 |
Ireland (USD mn) | 7,769.0 Feb 2024 | monthly | Jan 1970 - Feb 2024 |
Israel (USD mn) | -1,988.9 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
Italy (USD mn) | 7,379.7 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
Ivory Coast (USD mn) | 3,879.5 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Japan (USD mn) | -3,018.4 Feb 2024 | monthly | Apr 1995 - Feb 2024 |
Jordan (USD mn) | -1,337.6 Feb 2024 | monthly | Jan 1972 - Feb 2024 |
Kazakhstan (USD mn) | 2,336.4 Feb 2024 | monthly | Sep 1995 - Feb 2024 |
Kenya (USD mn) | -957.2 Jan 2024 | monthly | Oct 1992 - Jan 2024 |
South Korea (USD mn) | 1,529.1 Apr 2024 | monthly | Jan 1966 - Apr 2024 |
Kosovo (USD mn) | -478.0 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
Kuwait (USD mn) | 3,739.7 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
Kyrgyzstan (USD mn) | -833.7 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
Laos (USD mn) | 97.3 Sep 2023 | quarterly | Dec 1992 - Sep 2023 |
Latvia (USD mn) | -259.2 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
Lebanon (USD mn) | -397.4 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
Lithuania (USD mn) | -125.5 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Luxembourg (USD mn) | -705.7 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
Macau SAR, China (USD mn) | -1,258.7 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
North Macedonia (USD mn) | -309.5 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
Malawi (USD mn) | -42.8 Feb 2023 | monthly | Jan 1964 - Feb 2023 |
Malaysia (USD mn) | 1,629.0 Mar 2024 | monthly | Jan 1990 - Mar 2024 |
Malta (USD mn) | -188.9 Feb 2024 | monthly | Jan 1960 - Feb 2024 |
Mauritius (USD mn) | -310.5 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
Mexico (USD mn) | -1,582.9 Mar 2024 | monthly | Jan 1993 - Mar 2024 |
Moldova (USD mn) | -424.7 Feb 2024 | monthly | Jan 1992 - Feb 2024 |
Mongolia (USD mn) | 657.2 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
Montenegro (USD mn) | -306.1 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
Morocco (USD mn) | -2,003.1 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Mozambique (USD mn) | 89.3 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
Nepal (USD mn) | -893.2 Mar 2024 | monthly | Aug 1974 - Mar 2024 |
Netherlands (USD mn) | 14,776.7 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
New Zealand (USD mn) | 357.3 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
Nigeria (USD mn) | 1,889.4 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
Norway (USD mn) | 6,027.3 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Oman (USD mn) | 2,124.8 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
Pakistan (USD mn) | -2,374.0 Apr 2024 | monthly | Jan 1968 - Apr 2024 |
Palestinian Territory (USD mn) | -360.5 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
Panama (USD mn) | -1,081.5 Mar 2024 | monthly | Jan 1964 - Mar 2024 |
Paraguay (USD mn) | 95.4 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
Peru (USD mn) | 1,350.6 Feb 2024 | monthly | Jan 1985 - Feb 2024 |
Philippines (USD mn) | -3,647.5 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
Poland (USD mn) | 769.9 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
Portugal (USD mn) | -2,543.2 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
Qatar (USD mn) | 4,835.7 Mar 2024 | monthly | Jan 2014 - Mar 2024 |
Romania (USD mn) | -2,346.4 Feb 2024 | monthly | Aug 1990 - Feb 2024 |
Russia (USD mn) | 10,731.9 Jan 2023 | monthly | Jan 1998 - Jan 2023 |
Saudi Arabia (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
Serbia (USD mn) | -774.5 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
Singapore (USD mn) | 3,473.4 Mar 2024 | monthly | Jan 1976 - Mar 2024 |
Slovakia (USD mn) | 700.9 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
Slovenia (USD mn) | 68.3 Mar 2024 | monthly | Nov 1991 - Mar 2024 |
South Africa (USD mn) | 738.4 Feb 2024 | monthly | Oct 2004 - Feb 2024 |
Spain (USD mn) | -3,433.0 Feb 2024 | monthly | Mar 1974 - Feb 2024 |
Sri Lanka (USD mn) | -368.8 Mar 2024 | monthly | Jan 1982 - Mar 2024 |
Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
Sweden (USD mn) | 461.0 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Switzerland (USD mn) | 3,209.9 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
Consolidated Fiscal Balance (USD mn) | 317.295 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
Tax Revenue (USD mn) | 3,304.518 2021 | yearly | 1996 - 2021 |
Tax Revenue: % of GDP (%) | 3.8 2021 | yearly | 1996 - 2021 |
National Government Debt (USD mn) | 46,137.8 2022 | yearly | 1990 - 2022 |
Government Debt: % of GDP (%) | 41.2 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) | 20.000 Nov 2023 | monthly | Jan 2006 - Nov 2023 |
Government Expenditure: Current (OMR mn) | 597.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
Government Expenditure: Investment (OMR mn) | 19.000 Jan 2024 | monthly | Jun 2003 - Jan 2024 |
Government Financing (OMR mn) | -97.000 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
Government Surplus or Deficit: Fiscal (OMR mn) | 122.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
Government Expenditure (OMR mn) | 822.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
Government Surplus or Deficit: Remaining (OMR mn) | -12.000 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
Government Revenue (OMR mn) | 944.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
Government Revenue: Current (OMR mn) | 290.000 Feb 2024 | monthly | Mar 2012 - Feb 2024 |
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) | 2,124.8 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
Total Exports (USD mn) | 5,492.8 Feb 2024 | monthly | Mar 2003 - Feb 2024 |
Total Exports Growth (%) | 22.7 Feb 2024 | monthly | Mar 2004 - Feb 2024 |
Aluminum: Exports (USD th) | 2,202,640.622 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) | 3,368.0 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
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) | 32.547 Jan 2024 | monthly | Oct 1986 - Jan 2024 |
Total Imports from USA (USD mn) | 37.923 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Total Exports to China (USD mn) | 47.074 Jun 2017 | monthly | Nov 2009 - Jun 2017 |
Total Imports from China (USD mn) | 293.888 Feb 2024 | monthly | Jun 1984 - Feb 2024 |
Exports: Oil and Gas (OMR mn) | 1,116.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports: Oil and Gas: Crude Oil (OMR mn) | 779.000 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
Exports: Non Oil: Mineral Products (OMR mn) | 483.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports (OMR mn) | 2,112.000 Feb 2024 | monthly | Jan 1974 - Feb 2024 |
Exports: Non Oil: Chemical Products (OMR mn) | 81.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 222.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports: Non Oil: India (OMR mn) | 77.000 Dec 2023 | monthly | Jan 2006 - Dec 2023 |
Re-Exports (OMR mn) | 143.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports: Non Oil (OMR mn) | 853.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports: Non Oil: Saudi Arabia (OMR mn) | 67.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Exports: Non Oil: United Arab Emirates (OMR mn) | 68.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) | 198.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Imports: Chemical Products (OMR mn) | 100.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Imports: Mineral Products (OMR mn) | 428.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Imports: Transport Equipment (OMR mn) | 91.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Imports: United Arab Emirates (OMR mn) | 353.000 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Imports: India (OMR mn) | 140.000 Feb 2024 | monthly | Feb 2006 - Feb 2024 |
Imports: Saudi Arabia (OMR mn) | 58.000 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
Imports (OMR mn) | 1,295.000 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
Exports: Crude Oil: India (Barrel th) | 0.000 Mar 2024 | monthly | Nov 2010 - Mar 2024 |
Exports: Crude Oil: China (Barrel th) | 25,908.200 Mar 2024 | monthly | Feb 2006 - Mar 2024 |
Exports: Crude Oil: Japan (Barrel th) | 500.000 Mar 2024 | monthly | Feb 2006 - Mar 2024 |
Exports: Crude Oil (Barrel th) | 26,408.300 Mar 2024 | monthly | Feb 2006 - Mar 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 4.8 Dec 2023 | quarterly | Jun 2008 - Dec 2023 |
Non-Performing Loans (USD mn) | 496.489 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Money Supply M1 (USD mn) | 15,909.233 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Money Supply M2 (USD mn) | 62,262.159 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
M2 Growth (%) | 15.8 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Reserve Requirement Ratio (%) | 5.0 Dec 2023 | monthly | Jun 2006 - Dec 2023 |
Foreign Exchange Reserves (USD mn) | 16,253.6 Feb 2024 | monthly | Apr 1970 - Feb 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.855 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 4.8 Feb 2024 | monthly | Jan 1975 - Feb 2024 |
Gold Reserves (USD mn) | 443.173 Feb 2024 | monthly | Dec 1969 - Feb 2024 |
Total Deposits (USD mn) | 63,133.038 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Total Deposits Growth (%) | 12.0 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
Domestic Credit (USD mn) | 68,746.7 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Domestic Credit Growth (%) | 4.9 Feb 2024 | monthly | Dec 2000 - Feb 2024 |
Total Loans (USD mn) | 63,405.722 Feb 2024 | monthly | Dec 1998 - Feb 2024 |
Total Loans Growth (%) | 0.45 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Private Debt: % of Nominal GDP (%) | 48.46 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Domestic Assets (OMR mn) | 16,576.500 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Money Supply: Quasi Money (OMR mn) | 17,822.700 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Money Supply (OMR mn) | 23,939.800 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Deposits: Private Sector (OMR mn) | 16,133.800 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
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