US trade with Oman in the 2nd quarter of 2017

Published or Updated: Sep 21, 2017

The report on US foreign trade in goods with Oman in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Oman

In the 2nd quarter of 2017, US trade with Oman was $724.6 million, down 18.58% ($165.3 million) from the 2nd quarter of 2016.

US exports to Oman in the 2nd quarter of 2017 totaled $500.8 million, up 11.11% ($50.1 million) from the 2nd quarter of 2016.

US imports from Oman in the 2nd quarter of 2017 were $223.8 million, down 49.04% ($215.4 million) from the 2nd quarter of 2016.

US trade surplus with Oman in the 2nd quarter of 2017 was $277.0 million, a 2,301.70% increase ($265.5 million) over the 2nd quarter of 2016.

Oman was the US 72nd largest trading partner in the 2nd quarter of 2017 (down from 65th in the 2nd quarter of 2016), accounting for 0.0735% of US total trade (down from 0.0962% in the 2nd quarter of 2016).

Oman was the US 59th largest export market in the 2nd quarter of 2017 (up from 60th in the 2nd quarter of 2016), accounting for 0.1302% of US total exports (up from 0.1240% in the 2nd quarter of 2016).

Oman was the US 78th largest supplier in the 2nd quarter of 2017 (down from 67th in the 2nd quarter of 2016), accounting for 0.0372% of US total imports (down from 0.0782% in the 2nd quarter of 2016).

US Exports to Oman

The major share of US exports to Oman in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 74.98% of US total exports to Oman (73.42% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.67% of US total exports to Oman (8.32% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 6.27% of US total exports to Oman (2.17% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.40% of US total exports to Oman (2.78% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.30% of US total exports to Oman (5.09% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.17% of US total exports to Oman (3.16% in the 2nd quarter of 2016).

The largest gains in US exports to Oman in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $54.9 million;
  • 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) - an increase of $26.4 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $21.3 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $10.2 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $8.7 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $5.3 million;
  • Pharmaceutical products (HS code 30) - an increase of $2.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1.7 million.

The largest declines in US exports to Oman in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $47.1 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $11.9 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 $8.4 million;
  • Articles of iron or steel (HS code 73) - a decrease of $5.3 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $4.5 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $2.1 million.
US exports to Oman in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 270.7 0.05 49.0452.39
02 Meat and edible meat offal 3,084.9 0.62 2,764.611.59
03 Fish and crustaceans, molluscs and other aquatic invertebrates 23.4 0.00 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 820.5 0.16 419.295.70
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 2.7-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 9.1 0.00 0.0
07 Edible vegetables and certain roots and tubers 462.1 0.09 344.534.11
08 Edible fruit and nuts; peel of citrus fruit or melons 434.2 0.09 306.941.50
09 Coffee, tea, maté and spices 42.0 0.01 162.4-74.14
10 Cereals 203.0 0.04 228.0-10.96
11 Products of the milling industry; malt; starches; inulin; wheat gluten 158.0 0.03 85.684.59
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 336.0 0.07 340.6-1.34
13 Lac; gums, resins and other vegetable saps and extracts 326.7 0.07 508.9-35.80
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 245.4 0.05 2,329.5-89.47
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 51.5 0.01 56.0-8.20
17 Sugars and sugar confectionery 281.3 0.06 174.661.07
18 Cocoa and cocoa preparations 362.5 0.07 135.1168.26
19 Preparations of cereals, flour, starch or milk; bakers’ wares 336.0 0.07 763.3-55.98
20 Preparations of vegetables, fruit, nuts or other parts of plants 927.0 0.19 1,049.9-11.71
21 Miscellaneous edible preparations 2,758.5 0.55 2,262.521.92
22 Beverages, spirits and vinegar 156.4 0.03 21.3633.41
23 Residues and waste from the food industries; prepared animal feed 740.2 0.15 506.146.27
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 377.0 0.08 117.4221.03
26 Ores, slag and ash 0.0 0.00 6.9-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 31,020.7 6.19 9,678.3220.52
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,369.0 0.27 254.4438.14
29 Organic chemicals 562.4 0.11 1,012.8-44.47
30 Pharmaceutical products 3,367.8 0.67 1,379.4144.15
31 Fertilizers 60.9 0.01 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 169.2 0.03 344.3-50.85
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 588.4 0.12 860.7-31.65
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 972.0 0.19 651.649.18
35 Albuminoidal substances; modified starches; glues; enzymes 931.5 0.19 677.237.55
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,216.0 0.24 1,828.1-33.48
37 Photographic or cinematographic goods 498.3 0.10 1,318.9-62.22
38 Miscellaneous chemical products 8,801.3 1.76 3,483.5152.66
39 Plastics and articles thereof 12,306.3 2.46 24,183.4-49.11
40 Rubber and articles thereof 2,565.6 0.51 1,488.372.39
41 Raw hides and skins (other than furskins) and leather 84.0 0.02 28.2198.10
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 31.3 0.01 20.652.08
44 Wood and articles of wood; wood charcoal 402.4 0.08 461.4-12.79
45 Cork and articles of cork 3.6 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 146.4 0.03 50.0192.79
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 697.3 0.14 1,072.5-34.99
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 162.0 0.03 462.7-64.99
50 Silk 0.0 0.00 6.2-100.00
52 Cotton 28.5 0.01 3.4729.35
54 Man-made filaments 0.0 0.00 4.3-100.00
55 Man-made staple fibers 58.8 0.01 82.9-29.07
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 21.2 0.00 116.3-81.73
57 Carpets and other textile floor coverings 187.6 0.04 115.163.03
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 10.9 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 153.6 0.03 93.464.42
60 Knitted or crocheted fabrics 33.1 0.01 12.1174.43
61 Articles of apparel and clothing accessories, knitted or crocheted 50.4 0.01 76.9-34.45
62 Articles of apparel and clothing accessories, not knitted or crocheted 95.3 0.02 96.6-1.42
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 206.4 0.04 481.4-57.12
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 36.2-100.00
65 Headgear and parts thereof 0.0 0.00 176.3-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 3.0-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 362.2 0.07 474.8-23.71
69 Ceramic products 30.0 0.01 242.5-87.62
70 Glass and glassware 262.2 0.05 201.730.01
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 5,842.7 1.17 14,246.2-58.99
72 Iron and steel 553.5 0.11 463.219.51
73 Articles of iron or steel 3,165.4 0.63 8,466.1-62.61
74 Copper and articles thereof 316.9 0.06 214.947.47
75 Nickel and articles thereof 208.2 0.04 359.0-42.00
76 Aluminum and articles thereof 1,321.4 0.26 1,465.1-9.81
78 Lead and articles thereof 3.4 0.00 23.9-85.91
79 Zinc and articles thereof 0.0 0.00 196.7-100.00
81 Other base metals; cermets; articles thereof 9.4 0.00 8.017.81
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 5,468.3 1.09 9,932.1-44.94
83 Miscellaneous articles of base metal 480.5 0.10 1,804.3-73.37
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 63,168.9 12.61 54,512.415.88
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 52,815.8 10.55 26,433.199.81
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 55.8 0.01 11.7377.94
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 77,230.1 15.42 124,356.2-37.90
88 Aircraft, spacecraft, and parts thereof 169,163.6 33.78 114,232.648.09
89 Ships, boats and floating structures 35.5 0.01 61.4-42.26
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 13,025.1 2.60 11,335.214.91
91 Clocks and watches and parts thereof 224.1 0.04 133.567.92
92 Musical instruments; parts and accessories of such articles 7.0 0.00 4.075.38
93 Arms and ammunition; parts and accessories thereof 11,179.0 2.23 983.91,036.16
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 2,314.4 0.46 2,467.0-6.19
95 Toys, games and sports requisites; parts and accessories thereof 360.2 0.07 467.8-23.01
96 Miscellaneous manufactured articles 6.9 0.00 33.9-79.63
97 Works of art, collectors’ pieces and antiques 4.0 0.00 119.6-96.67

US Imports from Oman

The major share of US imports from Oman in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 38.23% of US total imports from Oman (21.45% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 21.67% of US total imports from Oman (5.45% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 20.16% of US total imports from Oman (9.21% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 7.16% of US total imports from Oman (0.97% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 2.38% of US total imports from Oman (61.01% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.42% of US total imports from Oman (0.31% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.10% of US total imports from Oman (0.30% in the 2nd quarter of 2016).

The largest gains in US imports from Oman in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - an increase of $25.7 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $12.4 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $10.9 million;
  • Articles of iron or steel (HS code 73) - an increase of $8.6 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) - an increase of $4.7 million;
  • Iron and steel (HS code 72) - an increase of $3.7 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $1.4 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1.0 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $0.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.7 million.

The largest declines in US imports from Oman in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $263.1 million;
  • Fertilizers (HS code 31) - a decrease of $34.0 million;
  • Organic chemicals (HS code 29) - a decrease of $1.3 million.
US imports from Oman in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 4.5 0.00 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,438.7 0.64 0.0
13 Lac; gums, resins and other vegetable saps and extracts 1,177.1 0.53 925.927.13
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 58.7 0.03 41.441.86
17 Sugars and sugar confectionery 26.9 0.01 66.0-59.15
18 Cocoa and cocoa preparations 30.8 0.01 24.525.79
19 Preparations of cereals, flour, starch or milk; bakers’ wares 443.2 0.20 315.740.40
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 460.5 0.21 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4,865.6 2.17 267,954.6-98.18
29 Organic chemicals 6,646.0 2.97 7,898.4-15.86
31 Fertilizers 0.0 0.00 34,049.0-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,002.3 0.45 29.33,322.56
37 Photographic or cinematographic goods 0.0 0.00 30.3-100.00
39 Plastics and articles thereof 77,912.2 34.81 52,214.949.21
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.3 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 2,548.8 1.14 1,702.649.70
62 Articles of apparel and clothing accessories, not knitted or crocheted 13,471.1 6.02 2,576.3422.89
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 118.7 0.05 85.838.44
69 Ceramic products 21.9 0.01 47.3-53.66
70 Glass and glassware 23.4 0.01 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 45,116.1 20.16 40,449.111.54
72 Iron and steel 4,980.8 2.23 1,305.3281.59
73 Articles of iron or steel 25,298.7 11.30 16,747.451.06
76 Aluminum and articles thereof 18,221.3 8.14 5,867.5210.55
83 Miscellaneous articles of base metal 0.0 0.00 4.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,633.8 0.73 924.676.70
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 744.7 0.33 85.4771.57
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 180.9-100.00
89 Ships, boats and floating structures 0.0 0.00 4.1-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 88.8 0.04 131.6-32.57
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 274.8 0.12 7.53,571.39
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 16.6-100.00
97 Works of art, collectors’ pieces and antiques 53.0 0.02 12.3329.55
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce