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Oman Exports (% GDP)

Oman's exports (% GDP) fell to 61.14% in 2023, down from 63.25% in 2022, according to World Bank. This represents a decrease of 2.11% from the previous year. Oman has exports (% GDP) higher than the global median (61.14% vs median 37.25%). Compared with the median in Asia, Oman is higher (61.14% vs regional median 34.51%) and ranks 15th out of 45 countries in Asia.

Oman's imports (% GDP) rose to 44.77% in 2023, up from 42.49% in 2022.

Yearly Historical Data (1967-2023)

(in %)
Year Exports (% GDP)
2023 61.14%
2022 63.25%
2021 53.33%
2020 47.05%
2019 49.49%
2018 50.62%
2017 45.72%
2016 41.32%
2015 49.65%
2014 61.44%
2013 66.03%
2012 62.72%
2011 63.92%
2010 59.1%
2009 52.79%
2008 56.67%
2007 54.62%
2006 53.78%
2005 55.29%
2004 49.76%
2003 49.84%
2002 51.08%
2001 52.06%
2000 52.88%
1999 42.89%
1998 36.83%
1997 43.91%
1996 43.71%
1995 38.64%
1994 37.73%
1993 37.8%
1992 39.24%
1991 37.79%
1990 41.44%
1988 40.01%
1987 48.88%
1986 39.25%
1985 49.83%
1984 50.28%
1983 53.65%
1982 58.55%
1981 64.69%
1980 62.66%
1979 61.06%
1978 58.32%
1977 58.3%
1976 62.33%
1975 67.55%
1974 73.72%
1973 67.83%
1972 59.38%
1971 65.79%
1970 73.69%
1969 74.6%
1968 70.14%
1967 33.76%
Oman Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Oman compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $59.01B $66.06B 2023
Annual Imports $38.78B $38.57B 2023
Balance of Trade OMR 364M OMR 467M Aug'25
Exports OMR 1.8B OMR 2B Aug'25
FDI Inflows (% GDP) 11.79% 6.34% 2023
Imports OMR 1.5B OMR 1.5B Aug'25
Imports (% GDP) 44.77% 42.49% 2023
Net Trade (Goods & Services, BoP) $17.34B $22.8B 2023
Tariff Rate 3.18% 3.12% 2022
Trade (% GDP) 105.92% 105.75% 2023