Home → Oman → Trade → Trade Openness

Oman Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Oman's trade openness was 119.91% in 2025, ranked 51st globally. This represents a 4.4% increase from 2024. Data from World Bank, covering 1967–2025.

119.91% +5.06% (+4.4%)
Year 2025 Rank #51 Global Peak 123.02% (1973) Source World Bank

Oman Trade Openness (1967–2025)

Overview

Oman's trade openness stood at 119.91% in 2025, a rise of +5.06% from 2024. Based on recent trends, this figure is projected to reach 119.91% by 2025. Oman ranked 51st globally.

Oman's trade openness has fluctuated significantly over the past 58 years, with a high of 123.02 in 1973 and a low of 56.19 in 1967. The country's trade openness has generally trended upwards, with the latest figure standing at 119.91, ranking it 51st globally. This is comparable to peer countries such as Tunisia, which has a trade openness of 121.23. The increase in trade openness reflects Oman's growing integration into the global economy, particularly during the 1970s when the country experienced a significant surge in oil exports, driving economic growth and expansion of its trade sector. However, the trade openness has shown some volatility, suggesting that external factors such as global economic trends and regional instability may impact Oman's trade dynamics. A decline in global oil prices or a shift in regional trade policies could potentially alter the trajectory of Oman's trade openness.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 131.20% - -
2026* trend 125.55% - -
2025* trend 119.91% - -
2025 119.91% +5.06% #51
2024 114.85% +8.41% #120
2023 106.45% +0.70% #117
2022 105.75% +9.80% #119
2021 95.95% +4.07% #122
2020 91.88% +5.40% #131
2019 86.48% −2.80% #104
2018 89.28% +0.33% #110
2017 88.95% +6.09% #112
2016 82.86% −13.51% #99
2015 96.38% −5.90% #122
2014 102.28% −10.26% #121
2013 112.54% +10.47% #136
2012 102.07% +0.43% #115
2011 101.64% +5.26% #116
Show all years (1967-2025)
* Linear trend extrapolation

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%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Oman's trade openness?▾

Oman's trade openness was 119.91% in 2025. Ranked 51st globally. This represents a 4.4% increase from the previous year.

What was the highest trade openness in Oman?▾

Oman's trade openness peaked at 123.02% in 1973.

What was the lowest trade openness in Oman?▾

The lowest trade openness in Oman was 56.19% in 1967.

How does Oman rank in trade openness?▾

Oman ranks 51st globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Oman in 2025?▾

Oman's trade openness is projected to reach 119.91% by 2025 based on trend extrapolation.

What is the trade openness of Oman in 2025?▾

The trade openness of Oman in 2025 was 119.91%. This ranks 51st in the world.

Cite this page

APA
Oman Trade Openness. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/oman/trade-openness/
BibTeX
@misc{historysaid_oman_trade-openness, title = {Oman Trade Openness}, url = {https://historysaid.com/oman/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub