Oman - Foreign trade



Oman runs a considerable trade surplus. Since 1967, oil has been the chief export. In 2000 Oman's major export commodities were crude petroleum (80%) and motor vehicles and parts (3.4%). Other exports included tobacco (1.2%) and apparel (1.1%). In 2000 Oman's imports were distributed among the following categories: consumer goods, 18.2%; food, 13.2%; fuels, 1.7%; industrial supplies, 20.2%; machinery, 18.4%; transportation, 25.7%; and other, 2.6%. Principal trading partners in 2000 (in millions of US dollars) were as follows:

Oman

COUNTRY EXPORTS IMPORTS BALANCE
United Arab Emirates 9,505 1,487 8,018
Sa'udi Arabia 163 138 25
Iran 152 61 91
Yemen 152 n.a. n.a.
United States 107 270 -163
United Kingdom 74 293 -219
China (inc. Hong Kong) 18 127 591
Germany 17 187 -109
Korea 8 174 -166
Japan 8 913 -905
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