US trade with Oman in the 1st quarter of 2017

Published or Updated: Jul 31, 2017

The report on US foreign trade in goods with Oman in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Oman

In the 1st quarter of 2017, US trade with Oman totaled $904.7 million, up 71.64% ($377.6 million) from the 1st quarter of 2016.

US exports to Oman in the 1st quarter of 2017 totaled $656.7 million, up 82.57% ($297.0 million) from the 1st quarter of 2016.

US imports from Oman in the 1st quarter of 2017 totaled $248.0 million, up 48.17% ($80.6 million) from the 1st quarter of 2016.

US trade surplus with Oman in the 1st quarter of 2017 was $408.7 million, a 112.50% increase ($216.4 million) over the 1st quarter of 2016.

Oman was the US 66th largest trading partner in the 1st quarter of 2017 (up from 74th in the 1st quarter of 2016), accounting for 0.0964% of US total trade (up from 0.0602% in the 1st quarter of 2016).

Oman was the US 54th largest export market in the 1st quarter of 2017 (up from 64th in the 1st quarter of 2016), accounting for 0.1763% of US total exports (up from 0.1035% in the 1st quarter of 2016).

Oman was the US 74th largest supplier in the 1st quarter of 2017 (up from 81st in the 1st quarter of 2016), accounting for 0.0439% of US total imports (up from 0.0317% in the 1st quarter of 2016).

US Exports to Oman

The major share of US exports to Oman in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 83.63% of US total exports to Oman (66.70% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.08% of US total exports to Oman (7.29% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.45% of US total exports to Oman (4.67% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.29% of US total exports to Oman (3.98% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.12% of US total exports to Oman (1.71% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.99% of US total exports to Oman (4.72% in the 1st quarter of 2016).

The largest gains in US exports to Oman in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $334.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $4.2 million;
  • Plastics and articles thereof (HS code 39) - an increase of $3.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $3.1 million.

The largest declines in US exports to Oman in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $23.5 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $10.4 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $3.5 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $3.4 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $2.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2.4 million.
US exports to Oman in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 183.3 0.03 0.0
02 Meat and edible meat offal 3,140.4 0.48 2,855.89.97
03 Fish and crustaceans, molluscs and other aquatic invertebrates 8.2 0.00 6.133.75
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,076.1 0.16 767.140.28
05 Products of animal origin, not elsewhere specified or included 46.4 0.01 53.2-12.90
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 11.2 0.00 0.0
07 Edible vegetables and certain roots and tubers 547.4 0.08 434.925.87
08 Edible fruit and nuts; peel of citrus fruit or melons 145.8 0.02 489.6-70.22
09 Coffee, tea, maté and spices 33.0 0.01 48.7-32.18
10 Cereals 218.5 0.03 794.6-72.50
11 Products of the milling industry; malt; starches; inulin; wheat gluten 93.2 0.01 117.2-20.46
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 226.1 0.03 1,115.6-79.73
13 Lac; gums, resins and other vegetable saps and extracts 592.1 0.09 0.0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 21.1-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2,268.0 0.35 1,305.773.70
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 53.5 0.01 42.127.03
17 Sugars and sugar confectionery 178.2 0.03 102.174.56
18 Cocoa and cocoa preparations 358.1 0.05 370.9-3.45
19 Preparations of cereals, flour, starch or milk; bakers’ wares 535.9 0.08 945.5-43.32
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,358.2 0.21 649.6109.09
21 Miscellaneous edible preparations 2,781.4 0.42 1,480.687.86
22 Beverages, spirits and vinegar 149.5 0.02 2,665.3-94.39
23 Residues and waste from the food industries; prepared animal feed 1,063.3 0.16 51.01,984.95
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 434.6 0.07 96.0352.53
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 6,917.2 1.05 6,061.714.11
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 840.2 0.13 209.3301.33
29 Organic chemicals 615.1 0.09 455.335.08
30 Pharmaceutical products 750.4 0.11 1,257.2-40.31
31 Fertilizers 90.6 0.01 2.73,241.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 221.6 0.03 387.5-42.82
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 767.2 0.12 722.66.18
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 871.9 0.13 917.1-4.93
35 Albuminoidal substances; modified starches; glues; enzymes 2,134.6 0.33 500.9326.16
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,240.0 0.19 1,446.8-14.29
37 Photographic or cinematographic goods 395.2 0.06 424.9-6.99
38 Miscellaneous chemical products 5,922.9 0.90 4,376.835.32
39 Plastics and articles thereof 17,502.5 2.67 14,286.322.51
40 Rubber and articles thereof 2,017.8 0.31 1,230.264.02
41 Raw hides and skins (other than furskins) and leather 291.3 0.04 368.5-20.94
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 56.9 0.01 152.6-62.72
44 Wood and articles of wood; wood charcoal 328.0 0.05 947.9-65.40
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 218.2 0.03 110.597.46
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 672.6 0.10 986.5-31.81
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 63.1 0.01 138.8-54.53
50 Silk 7.9 0.00 0.0
52 Cotton 98.4 0.01 3.22,968.49
54 Man-made filaments 3.0 0.00 11.1-72.64
55 Man-made staple fibers 92.9 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 20.8-100.00
57 Carpets and other textile floor coverings 176.4 0.03 97.181.63
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.9 0.00 15.2-81.03
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 478.5 0.07 316.751.09
61 Articles of apparel and clothing accessories, knitted or crocheted 17.7 0.00 92.0-80.78
62 Articles of apparel and clothing accessories, not knitted or crocheted 91.6 0.01 123.1-25.57
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 132.2 0.02 1,898.1-93.04
64 Footwear, gaiters and the like; parts of such articles 98.6 0.02 17.7457.73
65 Headgear and parts thereof 7.4 0.00 562.1-98.68
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 28.2-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 422.9 0.06 842.2-49.79
69 Ceramic products 328.9 0.05 63.3419.31
70 Glass and glassware 236.7 0.04 188.125.83
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 6,516.4 0.99 16,961.9-61.58
72 Iron and steel 229.3 0.03 892.4-74.30
73 Articles of iron or steel 7,390.9 1.13 4,313.371.35
74 Copper and articles thereof 276.1 0.04 376.6-26.70
75 Nickel and articles thereof 133.4 0.02 58.5128.03
76 Aluminum and articles thereof 1,186.5 0.18 1,223.3-3.00
81 Other base metals; cermets; articles thereof 19.3 0.00 9.3106.26
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6,270.8 0.95 8,075.2-22.35
83 Miscellaneous articles of base metal 591.6 0.09 1,854.5-68.10
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 57,738.9 8.79 60,155.2-4.02
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 21,203.9 3.23 44,749.7-52.62
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 0.0 0.00 19.9-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 116,835.5 17.79 112,638.53.73
88 Aircraft, spacecraft, and parts thereof 341,635.5 52.02 7,033.44,757.35
89 Ships, boats and floating structures 151.3 0.02 332.8-54.54
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 11,614.2 1.77 15,001.6-22.58
91 Clocks and watches and parts thereof 211.2 0.03 49.3328.71
92 Musical instruments; parts and accessories of such articles 11.9 0.00 8.244.80
93 Arms and ammunition; parts and accessories thereof 7,400.1 1.13 10,949.8-32.42
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 2,581.3 0.39 1,412.682.73
95 Toys, games and sports requisites; parts and accessories thereof 475.3 0.07 369.428.67
96 Miscellaneous manufactured articles 27.1 0.00 92.8-70.84
97 Works of art, collectors’ pieces and antiques 3.4 0.00 56.9-94.01

US Imports from Oman

The major share of US imports from Oman in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 43.59% of US total imports from Oman (60.88% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 23.24% of US total imports from Oman (9.22% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 15.37% of US total imports from Oman (25.14% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 10.08% of US total imports from Oman (1.04% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 2.33% of US total imports from Oman (0.00% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.17% of US total imports from Oman (0.48% in the 1st quarter of 2016).

The largest gains in US imports from Oman in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - an increase of $34.5 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $22.7 million;
  • Articles of iron or steel (HS code 73) - an increase of $7.7 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $5.4 million;
  • Plastics and articles thereof (HS code 39) - an increase of $3.6 million;
  • Fertilizers (HS code 31) - an increase of $2.9 million;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - an increase of $2.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.2 million.

The largest declines in US imports from Oman in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $3.9 million.
US imports from Oman in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 309.1 0.12 0.0
13 Lac; gums, resins and other vegetable saps and extracts 2,080.7 0.84 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 44.3 0.02 41.66.52
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 142.9-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 473.3 0.19 613.2-22.81
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 423.5 0.17 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5,350.2 2.16 0.0
31 Fertilizers 47,332.9 19.08 44,417.76.56
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 51.1-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 381.2 0.15 623.4-38.85
39 Plastics and articles thereof 60,407.9 24.35 56,820.06.31
57 Carpets and other textile floor coverings 2.7 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 2,052.5 0.83 1,544.332.91
62 Articles of apparel and clothing accessories, not knitted or crocheted 22,915.3 9.24 195.911,598.63
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 20.6 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 54.9 0.02 88.7-38.10
69 Ceramic products 98.8 0.04 35.6177.35
70 Glass and glassware 11.7 0.00 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 38,133.0 15.37 42,081.2-9.38
73 Articles of iron or steel 23,178.9 9.35 15,431.450.21
76 Aluminum and articles thereof 34,473.9 13.90 0.0
83 Miscellaneous articles of base metal 0.0 0.00 10.5-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,284.5 0.52 92.71,285.94
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 582.8 0.23 20.52,740.31
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 290.5-100.00
89 Ships, boats and floating structures 0.0 0.00 35.8-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5.4 0.00 20.6-73.82
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 51.3-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 105.4 0.04 50.5108.74
95 Toys, games and sports requisites; parts and accessories thereof 2.9 0.00 0.0
97 Works of art, collectors’ pieces and antiques 3.8 0.00 10.5-63.75
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce