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Trade between Oman and Saudi Arabia

In 2024, Oman exported $3.6 billion to Saudi Arabia and imported $1.3 billion. Oman ran a surplus of $2.3 billion with Saudi Arabia, compared with a surplus of $1.5 billion in 2019. Saudi Arabia was Oman’s 4th largest trading partner (5% of its trade), and Oman was Saudi Arabia’s 25th (0.9%).

Summary

Oman → Saudi Arabia
$3.6billion
Saudi Arabia → Oman
$1.3billion
Oman’s balance
$2.3billion

Balance

Oman’s trade balance with Saudi Arabia

Trade between Oman and Saudi Arabia grew 15.9-fold since 1995

USD billions (current). Oman’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 3.6
  • Imports 1.3
  • Balance +2.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$90 million$220 million-$130 million
1996$103 million$194 million-$91 million
1997$73 million$181 million-$108 million
1998$161 million$202 million-$41 million
1999$176 million$159 million$17 million
2000$187 million$128 million$59 million
2001$260 million$190 million$70 million
2002$231 million$253 million-$22 million
2003$148 million$268 million-$120 million
2004$199 million$154 million$45 million
2005$267 million$264 million$2 million
2006$245 million$392 million-$147 million
2007$336 million$434 million-$98 million
2008$624 million$623 million$772 thousand
2009$519 million$669 million-$150 million
2010$634 million$651 million-$17 million
2011$991 million$1.3 billion-$274 million
2012$1.5 billion$1.2 billion$230 million
2013$1.8 billion$2.1 billion-$270 million
2014$1.5 billion$1.3 billion$218 million
2015$2 billion$1.5 billion$569 million
2016$1.3 billion$918 million$424 million
2017$1.4 billion$997 million$398 million
2018$1.8 billion$923 million$918 million
2019$2.5 billion$1 billion$1.5 billion
2020$2.4 billion$1.5 billion$902 million
2021$2.2 billion$1.6 billion$604 million
2022$3.9 billion$4.7 billion-$833 million
2023$3.7 billion$5 billion-$1.3 billion
2024$3.6 billion$1.3 billion$2.3 billion

What they sell each other

What Oman sells to Saudi Arabia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$1.3 billion · 35.1%
    1.5 million tonnes · Oman’s destinations
  2. Direct-reduced iron$772 million · 21.4%
    4.3 million tonnes
  3. Semi-finished steel$329 million · 9.2%
    445 thousand tonnes
  4. Iron ore$145 million · 4%
    767 thousand tonnes · Oman’s destinations
  5. Parts for cranes and excavators$117 million · 3.3%
    15 thousand tonnes
  6. Petroleum coke and bitumen$81 million · 2.3%
    151 thousand tonnes
  7. Palm oil$69 million · 1.9%
    52 thousand tonnes
  8. Earthmoving and drilling machines$65 million · 1.8%
    10 thousand tonnes
  9. Cables and wire$61 million · 1.7%
    14 thousand tonnes
  10. Powdered and condensed milk$54 million · 1.5%
    15 thousand tonnes

What Saudi Arabia sells to Oman

The top 10 headings in 2024, with their share of the total.

  1. Ethers and organic peroxides$76 million · 5.8%
    81 thousand tonnes
  2. Cargo and cruise ships$56 million · 4.2%
    30 thousand tonnes
  3. Aluminum bars and profiles$54 million · 4.1%
    13 thousand tonnes
  4. Cheese$54 million · 4.1%
    10 thousand tonnes
  5. Fruit and vegetable juices$49 million · 3.7%
    50 thousand tonnes
  6. Alcohols$46 million · 3.5%
    112 thousand tonnes
  7. Bread, biscuits and pastries$43 million · 3.3%
    14 thousand tonnes
  8. Detergents and surfactants$42 million · 3.2%
    38 thousand tonnes
  9. Soft drinks$41 million · 3.1%
    67 thousand tonnes
  10. Yogurt and fermented milk$34 million · 2.6%
    22 thousand tonnes

How it travels

Estimated sea route from Raysut (Salalah) to Jeddah.

The estimated sea route between Raysut (Salalah) and Jeddah is 1,333 nautical miles (2,469 km) long: ≈ 3–4 days at sea (at 18 and 14 knots).

Passages it crosses: Bab-el-Mandeb Strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.3 billion · 67.5%
  2. Land$1.6 billion · 32.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Saudi Arabia was Oman’s 4th largest trading partner (5% of its trade), and Oman was Saudi Arabia’s 25th (0.9%).

Saudi Arabia in Oman’s trade
5.2%
Saudi Arabia’s rank among Oman’s partners
4th
Oman in Saudi Arabia’s trade
0.9%
Oman’s rank among Saudi Arabia’s partners
25th

Compare with

Other partners of Oman

Other partners of Saudi Arabia

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.