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Oman

Oman ranked No. 67 in total trade value through October with a total of $3.13 billion. Exports totaled $2.04 billion and Imports totaled $1.09 billion, a surplus of $954.73 million.

January – October 2018

Top Trading Ports

Total Trade: $3.13 billion

RankPortTotal YTD
1Port of Houston $360,382,903
2Port of Everett, Wash. $329,297,816
3Seattle-Tacoma International Airport $298,763,722
4Port of Newark $232,138,868
5Port of Savannah, Ga. $229,299,990
6John F. Kennedy International Airport $177,969,870
7Chicago O’Hare International Airport $166,946,554
8Port of Wilmington, Dela. $146,287,741
9Port of New Orleans $137,953,690
10Port of Baltimore, Md. $108,111,089

U.S. trade with Oman rose to $3.13 billion through October

Oman’s trade with the United States rose to $3.13 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.34 percent above its total trade during the same time period last year. Oman’s exports increased 27.82 percent while imports rose 23.66 percent. The U.S. surplus with Oman was $954.73 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Everett, Wash.; No. 3 Seattle-Tacoma International Airport; No. 4 Port of Newark; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of Charleston No. 3 Port of Newark No. 4 Seattle-Tacoma International Airport and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 46.25 percent of Oman’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 31.1 percent to $360.38 million.
    Exports fell 12 percent to $190.01 million. Imports rose 188.9 percent to $170.37 million.
  • Trade with No. 2 Port of Everett, Wash. rose 131.88 percent to $329.3 million.
    Exports rose 131.88 percent to $329.3 million. There were no imports.
  • Trade with No. 3 Seattle-Tacoma International Airport rose 70.04 percent to $298.76 million.
    Exports rose 70.06 percent to $298.44 million. Imports rose 54.03 percent to $328,414.
  • Trade with No. 4 Port of Newark rose 24.36 percent to $232.14 million.
    Exports fell 10.28 percent to $44.28 million. Imports rose 36.8 percent to $187.86 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 35.07 percent to $229.3 million.
    Exports rose 31.62 percent to $57.56 million. Imports rose 36.27 percent to $171.74 million.

Oman ranked No. 67 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 73.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Oman by value through October were the categories of Civilian aircraft, parts; Motor vehicles for transporting people; Bombs, grenades, cartridges, parts; Navigational equipment; and Low value shipments, respectively. They accounted for 58.97 percent of total exports to Oman.

The value of the top five categories of U.S. imports from Oman –– Plastic plates, sheet, film; Jewelry, parts; Aluminum plates, sheets, strip more than 0.2mm thi; Aluminum, unwrought; and Polyethers, epoxides and polyesters, primary forms –– accounted for 60.93 percent of all inbound shipments.

Looking more closely at U.S. exports to Oman:

  • Civilian aircraft, parts rose 42.12 percent compared to last year to $746.84 million.
  • Motor vehicles for transporting people rose 9.25 percent compared to last year to $230.07 million.
  • Bombs, grenades, cartridges, parts rose 1232.17 percent compared to last year to $99.17 million.
  • Navigational equipment rose 39.45 percent compared to last year to $77.27 million.
  • Low value shipments rose 22.69 percent compared to last year to $52.36 million.

Looking more closely at U.S. imports from Oman:

  • Plastic plates, sheet, film fell 3.73 percent compared to last year to $190.88 million.
  • Jewelry, parts rose 29.62 percent compared to last year to $185.28 million.
  • Aluminum plates, sheets, strip more than 0.2mm thi rose 182.6 percent compared to last year to $128.57 million.
  • Aluminum, unwrought rose 253.88 percent compared to last year to $80.92 million.
  • Polyethers, epoxides and polyesters, primary forms rose 1814.54 percent compared to last year to $78.51 million.

In the latest annual figures available, Oman recorded $3.16 billion in trade with the United States. At year’s end, its were New York City; Houston; Charleston; Seattle; and Philadelphia. Total U.S. exports to Oman were $ 2.1 billion and imports from Oman were $1.07 billion. The U.S. surplus with Oman was $1.03 billion.