US trade with Oman in the 3rd quarter of 2017

Published or Updated: Apr 07, 2018

The report on US foreign trade in goods with Oman in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Oman

In the 3rd quarter of 2017, US trade with Oman was $614.0 million, down 18.67% ($141.0 million) from the 3rd quarter of 2016.

US exports to Oman in the 3rd quarter of 2017 were $347.9 million, down 18.09% ($76.8 million) from the 3rd quarter of 2016.

US imports from Oman in the 3rd quarter of 2017 were $266.2 million, down 19.42% ($64.1 million) from the 3rd quarter of 2016.

US trade surplus with Oman in the 3rd quarter of 2017 was $81.7 million, a 13.44% decrease ($12.7 million) over the 3rd quarter of 2016.

Oman was the US 74th largest trading partner in the 3rd quarter of 2017 (down from 69th in the 3rd quarter of 2016), accounting for 0.0622% of US total trade (down from 0.0921% in the 3rd quarter of 2016).

Oman was the US 70th largest export market in the 3rd quarter of 2017 (down from 62nd in the 3rd quarter of 2016), accounting for 0.0912% of US total exports (down from 0.1226% in the 3rd quarter of 2016).

Oman was the US 73rd largest supplier in the 3rd quarter of 2017 (down from 69th in the 3rd quarter of 2016), accounting for 0.0440% of US total imports (down from 0.0698% in the 3rd quarter of 2016).

US Exports to Oman

The major share of US exports to Oman in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 53.88% of US total exports to Oman (72.78% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 17.28% of US total exports to Oman (3.30% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.73% of US total exports to Oman (2.85% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 8.39% of US total exports to Oman (8.28% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.96% of US total exports to Oman (3.02% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.89% of US total exports to Oman (2.80% in the 3rd quarter of 2016).

The largest gains in US exports to Oman in the 3rd quarter of 2017 over the 3rd 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) - an increase of $46.2 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $18.7 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 $16.6 million;
  • Pharmaceutical products (HS code 30) - an increase of $8.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6.1 million;
  • Meat and edible meat offal (HS code 02) - an increase of $1.3 million;
  • 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 (HS code 94) - an increase of $1.3 million.

The largest declines in US exports to Oman in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $75.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $64.4 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $10.1 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 $5.3 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $5.2 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $4.7 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $2.7 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $2.2 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $1.6 million;
  • Cereals (HS code 10) - a decrease of $1.5 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $1.2 million.
US exports to Oman in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 27.4 0.01 50.0-45.30
02 Meat and edible meat offal 3,594.5 1.03 2,247.459.94
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 10.3-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 848.9 0.24 451.887.91
05 Products of animal origin, not elsewhere specified or included 14.3 0.00 0.0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 10.2 0.00 0.0
07 Edible vegetables and certain roots and tubers 376.0 0.11 387.1-2.86
08 Edible fruit and nuts; peel of citrus fruit or melons 1,035.8 0.30 163.7532.90
09 Coffee, tea, maté and spices 8.0 0.00 106.7-92.47
10 Cereals 163.9 0.05 1,699.6-90.35
11 Products of the milling industry; malt; starches; inulin; wheat gluten 58.0 0.02 373.0-84.45
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 711.5 0.20 378.188.17
13 Lac; gums, resins and other vegetable saps and extracts 860.5 0.25 213.9302.28
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 241.3 0.07 238.91.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 39.6 0.01 25.654.83
17 Sugars and sugar confectionery 296.0 0.09 159.785.33
18 Cocoa and cocoa preparations 73.9 0.02 189.1-60.94
19 Preparations of cereals, flour, starch or milk; bakers’ wares 122.3 0.04 749.1-83.68
20 Preparations of vegetables, fruit, nuts or other parts of plants 628.5 0.18 801.0-21.53
21 Miscellaneous edible preparations 2,067.3 0.59 2,887.8-28.41
22 Beverages, spirits and vinegar 18,869.5 5.42 124.315,083.08
23 Residues and waste from the food industries; prepared animal feed 320.8 0.09 838.5-61.73
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 109.4 0.03 263.5-58.49
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 60,010.1 17.25 13,763.7336.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 487.0 0.14 786.6-38.09
29 Organic chemicals 767.0 0.22 1,047.7-26.79
30 Pharmaceutical products 8,822.6 2.54 796.41,007.77
31 Fertilizers 22.3 0.01 145.0-84.61
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 713.4 0.21 572.224.69
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 538.5 0.15 904.8-40.48
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 673.6 0.19 424.058.89
35 Albuminoidal substances; modified starches; glues; enzymes 727.3 0.21 994.0-26.83
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,454.6 0.42 1,587.2-8.35
37 Photographic or cinematographic goods 321.4 0.09 317.21.32
38 Miscellaneous chemical products 6,049.5 1.74 7,249.5-16.55
39 Plastics and articles thereof 7,039.5 2.02 17,181.2-59.03
40 Rubber and articles thereof 1,572.4 0.45 3,166.4-50.34
41 Raw hides and skins (other than furskins) and leather 13.2 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 134.8 0.04 10.01,248.27
44 Wood and articles of wood; wood charcoal 207.8 0.06 565.9-63.28
45 Cork and articles of cork 11.0 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 263.4 0.08 98.7166.81
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 671.3 0.19 902.5-25.62
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 91.8 0.03 130.3-29.58
52 Cotton 0.0 0.00 62.3-100.00
55 Man-made staple fibers 12.4 0.00 86.3-85.58
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 38.6 0.01 3.41,038.93
57 Carpets and other textile floor coverings 229.4 0.07 57.3300.48
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 19.2-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 684.8 0.20 22.82,905.93
60 Knitted or crocheted fabrics 17.2 0.00 5.7199.86
61 Articles of apparel and clothing accessories, knitted or crocheted 35.7 0.01 31.015.16
62 Articles of apparel and clothing accessories, not knitted or crocheted 88.9 0.03 32.5173.65
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 160.6 0.05 255.3-37.10
64 Footwear, gaiters and the like; parts of such articles 139.0 0.04 0.0
65 Headgear and parts thereof 3.4 0.00 11.8-70.82
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 409.9 0.12 649.8-36.91
69 Ceramic products 102.6 0.03 37.0177.36
70 Glass and glassware 324.9 0.09 84.6284.29
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 6,582.9 1.89 11,898.1-44.67
72 Iron and steel 770.0 0.22 32.12,301.19
73 Articles of iron or steel 2,735.4 0.79 3,409.7-19.78
74 Copper and articles thereof 393.9 0.11 254.954.54
75 Nickel and articles thereof 420.9 0.12 178.7135.50
76 Aluminum and articles thereof 490.7 0.14 1,052.6-53.39
78 Lead and articles thereof 10.8 0.00 0.0
79 Zinc and articles thereof 0.0 0.00 98.3-100.00
81 Other base metals; cermets; articles thereof 59.5 0.02 34.075.11
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,609.8 1.33 6,810.1-32.31
83 Miscellaneous articles of base metal 790.2 0.23 971.5-18.66
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 60,687.9 17.45 54,562.011.23
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 34,438.4 9.90 17,854.692.88
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 430.2 0.12 52.2723.74
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 49,635.4 14.27 114,033.9-56.47
88 Aircraft, spacecraft, and parts thereof 31,691.9 9.11 106,685.4-70.29
89 Ships, boats and floating structures 17.9 0.01 121.8-85.34
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 10,534.6 3.03 15,772.0-33.21
91 Clocks and watches and parts thereof 173.7 0.05 39.4340.50
92 Musical instruments; parts and accessories of such articles 13.8 0.00 21.7-36.47
93 Arms and ammunition; parts and accessories thereof 3,514.4 1.01 8,238.9-57.34
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 2,169.4 0.62 856.0153.42
95 Toys, games and sports requisites; parts and accessories thereof 328.4 0.09 560.7-41.43
96 Miscellaneous manufactured articles 12.7 0.00 16.2-21.18
97 Works of art, collectors’ pieces and antiques 25.7 0.01 34.8-26.18
99 Commodities not specified according to kind 14,002.6 4.03 16,731.8-16.31

US Imports from Oman

The major share of US imports from Oman in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 28.29% of US total imports from Oman (54.94% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 25.20% of US total imports from Oman (20.90% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 16.46% of US total imports from Oman (10.86% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 13.92% of US total imports from Oman (7.32% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 10.22% of US total imports from Oman (3.10% in the 3rd quarter of 2016).

The largest gains in US imports from Oman in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - an increase of $12.8 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $9.6 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 $7.9 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $7.4 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $6.0 million;
  • Plastics and articles thereof (HS code 39) - an increase of $5.5 million;
  • Articles of iron or steel (HS code 73) - an increase of $2.5 million.

The largest declines in US imports from Oman in the 3rd quarter of 2017 over the 3rd 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 $105.7 million;
  • Fertilizers (HS code 31) - a decrease of $8.1 million;
  • Iron and steel (HS code 72) - a decrease of $2.4 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) - a decrease of $1.2 million.
US imports from Oman in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 871.3 0.33 1,666.4-47.71
13 Lac; gums, resins and other vegetable saps and extracts 886.8 0.33 376.1135.77
18 Cocoa and cocoa preparations 28.9 0.01 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 631.0 0.24 609.63.52
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 427.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 75,295.5 28.29 181,041.4-58.41
31 Fertilizers 0.0 0.00 8,134.8-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 862.2 0.32 145.8491.25
39 Plastics and articles thereof 66,223.9 24.88 60,750.89.01
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 25.6-100.00
52 Cotton 0.0 0.00 53.0-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 18,779.1 7.06 9,143.3105.39
62 Articles of apparel and clothing accessories, not knitted or crocheted 8,422.6 3.16 1,040.1709.77
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 22.8 0.01 53.8-57.63
69 Ceramic products 28.4 0.01 63.5-55.24
70 Glass and glassware 33.3 0.01 23.144.12
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 43,806.0 16.46 35,887.122.07
72 Iron and steel 0.0 0.00 2,387.7-100.00
73 Articles of iron or steel 20,025.2 7.52 17,553.614.08
76 Aluminum and articles thereof 17,034.3 6.40 4,240.5301.70
83 Miscellaneous articles of base metal 0.0 0.00 6.8-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 835.4 0.31 260.0221.36
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 707.4 0.27 1,949.8-63.72
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 216.5 0.08 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 593.5 0.22 32.11,747.03
91 Clocks and watches and parts thereof 8.3 0.00 0.0
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 563.4 0.21 118.0377.58
99 Commodities not specified according to kind 10,300.5 3.87 4,326.5138.08
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce