Country Profile

Capital Muscat
Population 5.3M
GDP $107.1B (2024)
GDP per Capita $20,285
Income Level High Income
Currency Omani rial (OMR ر.ع.)
Language Arabic
Timezone UTC+04:00
Region Asia · Western Asia

Trade Partners

Oman Exports To

  • China 43.0%
  • India 6.0%
  • Saudi Arabia 5.0%
  • UAE 5.0%
  • South Africa 4.0%

Key exports: crude petroleum, refined petroleum, natural gas, semi-finished iron, fertilizers (2023)

Oman Imports From

  • UAE 25.0%
  • Saudi Arabia 12.0%
  • India 8.0%
  • China 7.0%
  • Qatar 5.0%

Key imports: refined petroleum, cars, crude petroleum, iron ore, iron pipes (2023)

Economic Overview

high-income, oil-based economy; large welfare system; growing government debt; citizenship-based labor force growth policy; US free trade agreement; diversifying portfolio; high female labor force participation

Government: absolute monarchy

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Oman. Standard WTO terms apply.

Geographic Region

Trading Bloc Memberships

Oman is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Oman.

Start Your Export Journey

Also in This Region

Official Resources

Government export support for Oman.