Applied tariffs
Simple average MFN applied
2024
5.4 %
Trade-weighted MFN average
2023
*
5.3 %
Share of MFN duty-free
2024
10.5 %
Bound tariffs
Simple average bound
14.1 %
Binding coverage
100.0 %
Share of bound duty-free
6.1 %
Imports
Total imports: 38,775.4 million USD in 2023
Imports by partner
United Arab Emirates
26.3 %
10,208.0
million USD
Saudi Arabia, Kingdom of
12.4 %
4,794.9
million USD
European Union
8.6 %
3,329.6
million USD
China
7.3 %
2,826.7
million USD
India
7.2 %
2,777.4
million USD
Qatar
5.6 %
2,155.2
million USD
Kuwait, the State of
4.5 %
1,741.1
million USD
United States of America
3.5 %
1,351.6
million USD
Japan
3.3 %
1,272.4
million USD
Brazil
3.2 %
1,224.1
million USD
Rest of the World
18.3 %
7,094.3
million USD
Imports by products HS 2022
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
17.5 %
6,796.5
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
4.1 %
1,573.7
million USD
870324
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
2.7 %
1,060.5
million USD
260111
Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites)
2.7 %
1,036.0
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
2.2 %
866.9
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
1.8 %
714.7
million USD
851713
Smartphones for wireless networks
1.5 %
581.2
million USD
290919
Acyclic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives (excl. diethyl ether)
1.3 %
498.9
million USD
730429
Casing and tubing, seamless, of iron or steel, of a kind used in drilling for oil or gas (excl. products of cast iron)
1.3 %
492.6
million USD
720310
Ferrous products obtained by direct reduction of iron ore, in lumps, pellets or similar forms
1.2 %
481.4
million USD
Rest of the products
63.6 %
24,672.8
million USD
Exports
Total exports: 58,907.0 million USD in 2023
Exports by destination
Other Countries, n.e.s.
60.8 %
35,810.2
million USD
United Arab Emirates
6.4 %
3,760.1
million USD
Saudi Arabia, Kingdom of
5.0 %
2,940.5
million USD
India
3.8 %
2,214.9
million USD
South Africa
2.4 %
1,442.1
million USD
United States of America
2.3 %
1,343.9
million USD
European Union
1.9 %
1,125.8
million USD
Egypt
1.7 %
1,016.6
million USD
Qatar
1.3 %
740.4
million USD
China
1.0 %
597.2
million USD
Rest of the World
13.4 %
7,915.3
million USD
Exports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
43.4 %
25,575.4
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
13.9 %
8,162.1
million USD
271111
Natural gas, liquefied
11.4 %
6,701.5
million USD
260112
Agglomerated iron ores and concentrates (excl. roasted iron pyrites)
2.8 %
1,652.2
million USD
310210
Urea, whether or not in aqueous solution (excl. that in tablets or similar forms, or in packages with a gross weight of <= 10 kg)
1.8 %
1,087.4
million USD
760110
Aluminium, not alloyed, unwrought
1.1 %
647.9
million USD
720719
Semi-finished products of iron or non-alloy steel containing, by weight, < 0,25% of carbon, of circular cross-section, or of a cross-section other than square or rectangular
1.1 %
627.6
million USD
721420
Bars and rods, of iron or non-alloy steel, with indentations, ribs, groves or other deformations produced during the rolling process
1.0 %
608.6
million USD
290511
Methanol "methyl alcohol"
0.9 %
515.5
million USD
390110
Polyethylene with a specific gravity of < 0,94, in primary forms
0.8 %
475.8
million USD
Rest of the products
21.8 %
12,853.0
million USD
Preferential regimes provided by Oman
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Oman as a beneficiary based on other economies reported preferential regimes
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