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Oman – Trade Balance

Name: Oman Trade Balance
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services in current US dollars. Positive values indicate a trade surplus; negative values indicate a deficit. · World Bank

$18.5B +$772.2M from 2023 G20 rank: 136th · all-time high: $22.8B (2022)

APA

Oman Trade Balance. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/oman/trade-balance

BibTeX

@misc{historysaid_oman_trade-balance,
  title = {Oman Trade Balance},
  url = {https://historysaid.com/oman/trade-balance},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	$35.1B	–	–
2026* trend	$30.9B	–	–
2025* trend	$26.6B	–	–
2024	$18.5B	+$772.2M	136th
2023	$17.8B	−$5.0B	146th
2022	$22.8B	+$13.4B	158th
2021	$9.4B	+$7.7B	146th
2020	$1.7B	−$9.3B	130th
2019	$11.0B	+$65.0M	150th
2018	$10.9B	+$8.9B	152nd
2017	$2.0B	+$2.2B	131st
2016	$-169.1M	−$2.5B	94th
2015	$2.3B	−$16.8B	148th
2014	$19.1B	+$1.5B	157th
2013	$17.6B	−$2.9B	155th
2012	$20.4B	+$127.4M	154th
2011	$20.3B	+$6.1B	153rd
2010	$14.2B	+$6.4B	150th
2009	$7.7B	−$5.2B	146th
2008	$13.0B	+$6.0B	149th
2007	$6.9B	−$2.2B	138th
2006	$9.1B	+$660.6M	143rd
2005	$8.5B	+$5.4B	141st
2004	$3.1B	−$572.2M	133rd
2003	$3.7B	−$598.2M	137th
2002	$4.3B	−$83.2M	136th
2001	$4.4B	−$1.1B	133rd
2000	$5.4B	+$3.8B	136th
1999	$1.6B	+$2.7B	129th
1998	$-1.1B	−$4.0B	39th
1997	$2.9B	−$210.7M	139th
1996	$3.1B	+$1.1B	137th
1995	$2.1B	+$184.7M	136th
1994	$1.9B	+$384.9M	126th
1993	$1.5B	−$455.1M	125th
1992	$2.0B	+$288.7M	124th
1991	$1.7B	−$1.2B	118th
1990	$2.9B	+$2.2B	125th
1988	$725.6M	−$821.8M	96th
1987	$1.5B	+$1.7B	104th
1986	$-123.0M	−$1.4B	53rd
1985	$1.3B	+$144.8M	101st
1984	$1.1B	−$115.8M	100th
1983	$1.2B	+$73.2M	103rd
1982	$1.2B	−$767.8M	107th
1981	$1.9B	+$435.1M	108th
1980	$1.5B	+$736.0M	104th
1979	$759.7M	+$496.8M	89th
1978	$262.9M	−$128.0M	85th
1977	$390.9M	−$28.1M	87th
1976	$418.9M	+$65.4M	91st
1975	$353.5M	−$73.8M	92nd
1974	$427.3M	+$366.3M	88th
1973	$61.0M	+$3.7M	75th
1972	$57.3M	−$44.0M	74th
1971	$101.3M	−$37.2M	81st
1970	$138.5M	−$12.0M	82nd
1969	$150.5M	+$45.8M	69th
1968	$104.6M	+$92.5M	64th
1967	$12.2M	–	57th

Show all years (1967–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Export Boom Cycle

Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.

Reserves YoY +10.8% GDP growth 5.2% C/A balance 5.9%

This pattern occurred 682 times in G20 history, 460 successful

United Arab Emirates 2024

Reserves YoY

+25.6%

GDP growth

4.0%

C/A balance

14.5%

Guatemala 2024

Reserves YoY

+14.6%

GDP growth

3.7%

C/A balance

2.9%

Cambodia 2024

Reserves YoY

+12.6%

GDP growth

6.0%

C/A balance

0.5%

Sri Lanka 2024

Reserves YoY

+38.3%

GDP growth

5.0%

C/A balance

1.2%

Lesotho 2024

Reserves YoY

+18.0%

GDP growth

2.9%

C/A balance

3.9%

Lithuania 2024

Reserves YoY

+20.1%

GDP growth

2.8%

C/A balance

3.3%

HistorySaid – pattern alert

Oman matched the Export Boom Cycle pattern in 2013. Historically, 67% of countries showing this pattern (460 out of 682) saw trade balance improve within 24 months. View full analysis →