Summary
- Oman → South Korea
- $5.7billion
- South Korea → Oman
- $625million
- Oman’s balance
- $5billion
Balance
Oman’s trade balance with South Korea
Trade between Oman and South Korea grew 6.4-fold since 1995
USD billions (current). Oman’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 5.7
- Imports 0.6
- Balance +5
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $819 million | $155 million | $664 million |
| 1996 | $1.2 billion | $208 million | $1 billion |
| 1997 | $1 billion | $173 million | $856 million |
| 1998 | $676 million | $147 million | $529 million |
| 1999 | $834 million | $152 million | $682 million |
| 2000 | $1.6 billion | $164 million | $1.5 billion |
| 2001 | $2.1 billion | $197 million | $2 billion |
| 2002 | $1.8 billion | $129 million | $1.7 billion |
| 2003 | $2.3 billion | $1.5 billion | $865 million |
| 2004 | $2.5 billion | $225 million | $2.2 billion |
| 2005 | $3.7 billion | $323 million | $3.3 billion |
| 2006 | $4.9 billion | $402 million | $4.5 billion |
| 2007 | $3.7 billion | $627 million | $3 billion |
| 2008 | $5.4 billion | $1.1 billion | $4.4 billion |
| 2009 | $3.9 billion | $661 million | $3.3 billion |
| 2010 | $3.9 billion | $725 million | $3.2 billion |
| 2011 | $5.1 billion | $960 million | $4.1 billion |
| 2012 | $5.3 billion | $1.1 billion | $4.2 billion |
| 2013 | $4.7 billion | $1 billion | $3.7 billion |
| 2014 | $4.7 billion | $1.2 billion | $3.5 billion |
| 2015 | $3 billion | $1.2 billion | $1.8 billion |
| 2016 | $2.6 billion | $716 million | $1.9 billion |
| 2017 | $2.3 billion | $639 million | $1.7 billion |
| 2018 | $2.8 billion | $630 million | $2.1 billion |
| 2019 | $2.7 billion | $538 million | $2.1 billion |
| 2020 | $2.2 billion | $690 million | $1.5 billion |
| 2021 | $3 billion | $390 million | $2.6 billion |
| 2022 | $5.3 billion | $331 million | $5 billion |
| 2023 | $5.3 billion | $398 million | $5 billion |
| 2024 | $5.7 billion | $625 million | $5 billion |
What they sell each other
What Oman sells to South Korea
The top 10 headings in 2024, with their share of the total.
What South Korea sells to Oman
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Raysut (Salalah) and Busan is 5,849 nautical miles (10,833 km) long: ≈ 13.5–17.5 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore.
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
South Korea was Oman’s 3rd largest trading partner (7% of its trade), and Oman was South Korea’s 33rd (0.5%).
- South Korea in Oman’s trade
- 6.7%
- South Korea’s rank among Oman’s partners
- 3rd
- Oman in South Korea’s trade
- 0.5%
- Oman’s rank among South Korea’s partners
- 33rd
Compare with
Other partners of Oman
Other partners of South Korea
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.