Merchandise exports by the reporting economy (current US$) in Oman

Oman: Merchandise exports by the reporting economy (current US$) was 22.74 billion current US$ in 2023. ◆ Volatile

Latest (2023)
22.74 billion current US$
Change on year
down 1.2%
World rank
70th
of 206 countries
All-time high
55.29 billion current US$
in 2013
All-time low
197.56 million current US$
in 1970
Years of data
54
1970–2023

Merchandise exports by the reporting economy in Oman, 1970–2023

020.0B40.0B60.0B197019962023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for merchandise exports by the reporting economy in Oman is 22.74 billion current US$, measured in 2023.

That represents a change of down 1.2% on the previous year and down 58.9% over ten years.

Over the whole period, merchandise exports by the reporting economy in Oman peaked at 55.29 billion current US$ in 2013 and was at its lowest, 197.56 million current US$, in 1970.

Oman ranks 70th of 206 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy (current US$) in Oman, year by year

Annual values for Merchandise exports by the reporting economy (current US$) in Oman, 1970 to 2023.
Year current US$ Change
1970 197.56 million current US$ —
1971 211.45 million current US$ +7.0%
1972 231.10 million current US$ +9.3%
1973 329.93 million current US$ +42.8%
1974 1.10 billion current US$ +233.8%
1975 1.44 billion current US$ +31.2%
1976 1.55 billion current US$ +7.6%
1977 1.57 billion current US$ +0.8%
1978 1.50 billion current US$ -4.2%
1979 2.10 billion current US$ +39.6%
1980 3.05 billion current US$ +45.7%
1981 4.15 billion current US$ +36.1%
1982 3.77 billion current US$ -9.1%
1983 3.89 billion current US$ +3.1%
1984 3.62 billion current US$ -7.0%
1985 4.34 billion current US$ +19.8%
1986 2.87 billion current US$ -33.8%
1987 3.19 billion current US$ +11.0%
1988 4.01 billion current US$ +25.8%
1989 4.29 billion current US$ +6.9%
1990 4.58 billion current US$ +6.6%
1991 4.92 billion current US$ +7.5%
1992 5.46 billion current US$ +10.9%
1993 5.30 billion current US$ -2.8%
1994 5.42 billion current US$ +2.2%
1995 5.96 billion current US$ +10.1%
1996 7.22 billion current US$ +21.1%
1997 7.49 billion current US$ +3.7%
1998 5.38 billion current US$ -28.2%
1999 7.09 billion current US$ +32.0%
2000 10.67 billion current US$ +50.4%
2001 10.99 billion current US$ +3.1%
2002 11.07 billion current US$ +0.7%
2003 11.50 billion current US$ +3.9%
2004 13.22 billion current US$ +14.9%
2005 18.46 billion current US$ +39.7%
2006 21.46 billion current US$ +16.2%
2007 23.47 billion current US$ +9.4%
2008 35.10 billion current US$ +49.5%
2009 26.04 billion current US$ -25.8%
2010 35.24 billion current US$ +35.3%
2011 45.28 billion current US$ +28.5%
2012 50.69 billion current US$ +11.9%
2013 55.29 billion current US$ +9.1%
2014 52.41 billion current US$ -5.2%
2015 32.48 billion current US$ -38.0%
2016 11.58 billion current US$ -64.4%
2017 27.02 billion current US$ +133.4%
2018 21.64 billion current US$ -19.9%
2019 12.19 billion current US$ -43.7%
2020 13.60 billion current US$ +11.6%
2021 16.98 billion current US$ +24.9%
2022 23.02 billion current US$ +35.6%
2023 22.74 billion current US$ -1.2%

Oman compared with similar countries

  • Oman's 22.74 billion current US$ is below the median for high income countries, which is 42.11 billion current US$, 54% of the median. (74 countries reporting)
  • Oman's 22.74 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.79 billion current US$, 1.2× the median. (23 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports by the reporting economy (current US$) in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1974 +233.8% 329.93 million current US$ 1.10 billion current US$
2017 +133.4% 11.58 billion current US$ 27.02 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.02 billion current US$ 197.56 million current US$ 2.10 billion current US$ 10
1980s 3.72 billion current US$ 2.87 billion current US$ 4.34 billion current US$ 10
1990s 5.88 billion current US$ 4.58 billion current US$ 7.49 billion current US$ 10
2000s 18.20 billion current US$ 10.67 billion current US$ 35.10 billion current US$ 10
2010s 34.38 billion current US$ 11.58 billion current US$ 55.29 billion current US$ 10
2020s 19.09 billion current US$ 13.60 billion current US$ 23.02 billion current US$ 4

Countries ranked near Oman

  1. 67 Democratic Republic of Congo 27.73 billion current US$ compare
  2. 68 Belarus 25.27 billion current US$ compare
  3. 69 Croatia 24.91 billion current US$ compare
  4. 71 Latvia 22.56 billion current US$ compare
  5. 72 Cambodia 22.04 billion current US$ compare
  6. 73 Estonia 19.38 billion current US$ compare

See the full ranking of 253 places →

More private sector data for Oman

All data for Oman →

Frequently asked questions

What is merchandise exports by the reporting economy in Oman?
Merchandise exports by the reporting economy in Oman was 22.74 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Oman?
The highest recorded value was 55.29 billion current US$ in 2013.
What is the lowest merchandise exports by the reporting economy recorded in Oman?
The lowest recorded value was 197.56 million current US$ in 1970.
How does Oman rank for merchandise exports by the reporting economy?
Oman ranks 70th out of 206 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Oman?
Over the last ten years it is down 58.9%. The long-run trend across the full record is volatile.
Where does this Oman data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy in Oman. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 11 October 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us/oman/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.