U.S.-Oman Trade Facts
Oman is currently our 84th largest goods trading partner with $1.9 billion in total (two way) goods trade during 2010. Goods exports totaled $1.1 billion; Goods imports totaled $773 million. The U.S. goods trade surplus with Oman was $329 million in 2010.
Oman was the United States' 76th largest goods export market in 2010.
U.S. goods exports to Oman in 2010 were $1.1 billion, down 2.2% ($25 million) from 2009. U.S. exports to Oman are down 20% from 2008 (Pre-FTA)
The top export categories (2-digit HS) in 2010 were: Vehicles ($254 million), Machinery ($249 million), Electrical Machinery ($177 million), Organic Chemicals ($77 million), and Special Other (low value shipments) ($53 million).
U.S. exports of agricultural products to Oman totaled $44 million in 2010. Leading categories include: wheat ($18 million), and poultry meat ($6 million).
Oman was the United States' 80th largest supplier of goods imports in 2010.
U.S. goods imports from Oman totaled $773 million in 2010, a 14.8% decrease ($135 million) from 2009 U.S. imports from Oman are down 9% from 2008 (Pre-FTA).
The five largest imports categories in 2010 were: Mineral Fuel (crude oil) ($379 million), Fertilizers ($154 million), Plastic ($119 million), Precious Stones (jewelry) ($61 million), and Iron and Steel Products ($24 million).
U.S. imports of agricultural products from Oman totaled $457 thousand in 2010.
The U.S. goods trade surplus with Oman was $329 million in 2010, a 50.2% increase ($110 million) from 2009.
U.S. foreign direct investment (FDI) in Oman (stock) was not available in 2009.
Oman FDI in the United States (stock) was not available in 2009.
Final Text of the U.S. - Oman Free Trade Agreement
Cited From: http://www.ustr.gov/countries-regions/europe-middle-east/middle-east/north-africa/oman