Oman Balance of Trade
Oman's balance of trade in August 2025 was 364 OMR million. This is a 22.1% decrease from July 2025's 467 OMR million. The decline is due to lower oil export values. Oil prices dropped 12.6% year-on-year and oil export volumes decreased by 0.2% year-on-year. Commodity imports increased by 5.5% by the end of July 2025. Oman's record low balance of trade was -45.2 OMR million in December 2015 and record high was 1.21 billion OMR in May 2022.
Monthly Historical Data (2015-2025)
(in Million OMR)Oman Balance of Trade : Definition
The Oman balance of trade is the difference between the monetary value of goods Oman exports and imports. It is calculated as total exports minus total imports, expressed in OMR. A surplus occurs when exports exceed imports a deficit occurs when imports exceed exports.