Oman Trade & Investment Summary
U.S. goods and services trade with Oman totaled an estimated $5.0 billion in 2022. Exports were $2.0 billion; imports were $2.9 billion. The U.S. goods and services trade deficit with Oman was $919 million in 2022.
U.S. goods exports to Oman in 2022 were $1.5 billion, up 6.4 percent ($90 million) from 2021 but down 15 percent from 2012. U.S. goods imports from Oman totaled $2.7 billion in 2022, up 54.8 percent ($959 million) from 2021, and up 100 percent from 2012. The U.S. goods trade deficit with Oman was $1.2 billion in 2022, a 245.3 percent increase ($869 million) over 2021.
U.S. exports of services to Oman were an estimated $539 million in 2022, 14.4 percent ($68 million) more than 2021, and 43 percent greater than 2012 levels. U.S. imports of services from Oman were an estimated $234 million in 2022, 18.2 percent ($36 million) more than 2021, and 21 percent less than 2012 levels. Leading services exports from the U.S. to Oman were in the financial services, technical and other services, and travel sectors. The United States had a services trade surplus of an estimated $305 million with Oman in 2022, up 11.7 percent from 2021.
U.S. foreign direct investment (FDI) in Oman (stock) was $2.3 billion in 2022, a 7.8 percent increase from 2021.
Oman's FDI in the United States (stock) was $6 million in 2022.
