Trade in goods with USA SITC (Standard International Trade Classification)
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Oman trade flows with USA by SITC*) product sections during 2020/3 - 2020/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/3
%
2020/4
%
2020/5
%
2020/6
%
2020/7
%
Export0.10.10.10.10.1
Import0.00.10.00.00.0
Trade in Goods0.10.10.10.00.0

USA's foreign trade with Oman, exports to Oman and imports from Oman in Juli 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Oman was USA's 75. largest foreign trade partner. Decrease from the previous month was 2 places. $142 million worth of trade was 40.1 per cent lower than in Juli of the previous year. During the month, the balance of trade with Oman was $31 million of surplus.

The value of imports from Oman decreased strongly, by 32.2 per cent compared to in Juli of the previous year. The import amounted to $56 million in Juli 2020. Major product categories of imports from Oman were Sitc684 (aluminium), representing 28.6 percent of imports, Sitc582 (plates, sheets, film, foil and strip, of plastics) 22.3 % and Sitc694 (nails, screws, nuts, bolts, rivets and the like, of iron, steel, copper or aluminium) 16.4 % of the imports.

The value of exports to Oman amounted to more than a third lower relative to the previous year's Juli, thus amounting to $86 million in Juli 2020. The largest product groups of exports were: Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), which represented a share of 24.5 per cent of total exports, Sitc891 (arms and ammunition) 5.6 % and Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.) 4.7 % of the exports.

Development during January-Juli 2020

During January-Juli, trade in goods between the two countries declined sharply (-31.5 %) over the same period last year. The value of the trade was $1.2 billion. During January-Juli the value of imports was $496 million. The export value was $689 million. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -29.9 % and in the value of exports -32.5 %. The largest value in imports was in Sitc582 (plates, sheets, film, foil and strip, of plastics), worth $127 million. In export the largest value had Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), worth being $197 million. The trade balance between USA and Omanin between January and Juli was in surplus for USA. The timing surplus was $194 million.


Table: USA's export to Oman (OM) during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 7,1 5.4 9,5 8.3 4,8 6.1 5,2 7.5 5,2 5.9
01. Meat and meat preparations 1,3 1.0 0,9 0.8 0,5 0.6 0,5 0.7 0,1 0.1
02. Dairy products and birds' eggs 0,6 0.4 0,4 0.3 0,4 0.4 0,9 1.3 0,6 0.7
04. Cereals and cereal preparations 0,6 0.4 3,6 3.2 0,3 0.3 0,8 1.1 0,3 0.3
05. Vegetables and fruit 1,3 0.9 0,6 0.5 1,3 1.6 0,8 1.2 0,6 0.7
08. Feeding stuff for animals 1,8 1.3 2,8 2.4 1,8 2.3 1,5 2.2 2,6 3.0
09. Miscellaneous edible products and preparations 1,4 1.1 1,4 1.2 0,8 0.9 0,7 1.0 0,9 1.0
2. Crude materials,inedible,except fuels 8,2 6.2 0,3 0.2 0,2 0.2 0,4 0.5 0,5 0.5
28. Metalliferous ores and metal scrap 7,2 5.5 0,1 0.0 0,1 0.0 0,1 0.0 0 0.0
3. Mineral fuels etc 3,1 2.3 0,3 0.2 0,2 0.2 3,0 4.3 2,7 3.1
33. Petroleum and products 3,1 2.3 0,3 0.2 0,2 0.2 3,0 4.3 2,7 3.1
4. Animal and vegetable oils and fats 2,0 1.5 0,4 0.3 0,3 0.3 0 0.0 0,1 0.1
42. Fixed vegetable fats and oils 2,0 1.5 0,4 0.3 0,3 0.3 0 0.0 0,1 0.1
5. Chemicals and related products,n.e.s. 8,3 6.3 9,1 8.0 10,10 14.1 6,10 10.2 8,3 9.5
51. Organic chemicals 0,5 0.4 0,6 0.5 3,1 4.0 0,5 0.7 0,5 0.5
54. Medicinal and pharmaceutical products 0,10 0.7 0,7 0.6 0,8 1.0 0,7 1.0 0,5 0.5
55. Perfume,cleaning etc.preparations 0,3 0.2 0,6 0.5 0,5 0.6 0,6 0.9 0,5 0.5
57. Plastics in primary forms 2,3 1.7 2,4 2.1 2,6 3.3 2,7 3.9 1,3 1.5
58. Plastics in non-primary forms 0,4 0.2 1,2 1.0 1,5 1.9 1,2 1.7 1,5 1.6
59. Chemical materials and products,n.e.s. 3,3 2.5 3,5 3.0 2,1 2.7 1,3 1.8 3,9 4.5
6. Basic manufactures 6,6 5.0 6,7 5.9 4,9 6.3 4,4 6.4 4,3 4.9
62. Rubber manufactures,n.e.s. 0,10 0.7 0,9 0.8 0,3 0.4 0,10 1.3 0,7 0.7
64. Paper,paperboard and articles thereof 0,3 0.2 0,5 0.4 0,2 0.2 0,2 0.2 0,6 0.6
65. Textile yarn,fabrics,made up articles,etc. 0,2 0.1 0,2 0.1 0,6 0.7 0,4 0.6 0,2 0.1
66. Non-metallic mineral manufactures,n.e.s. 0,7 0.5 0,3 0.2 0,4 0.4 0,3 0.4 0,4 0.4
67. Iron and steel 1,7 1.2 1,10 1.7 1,1 1.4 1,2 1.7 0,5 0.5
69. Manufactures of metals,n.e.s. 2,9 2.1 2,9 2.6 2,4 3.0 1,5 2.1 2,1 2.4
7. Machinery,transport equipment 83,0 63.4 60,4 53.4 49,8 64.3 41,1 60.3 50,5 58.6
71. Power generating machinery and equipment 2,1 1.6 3,9 3.4 0,9 1.1 1,2 1.7 1,4 1.6
72. Machinery for specialized industries 4,8 3.6 2,10 2.6 2,7 3.4 2,9 4.2 5,3 6.1
73. Metal working machinery 0,10 0.7 0,1 0.0 0,2 0.2 0,2 0.3 0,2 0.2
74. General industrial machinery n.e.s. 12,1 9.2 12,4 11.0 8,2 10.5 8,0 11.7 9,1 10.5
75. Office machines and adp machines 1,2 0.9 0,6 0.5 2,8 3.5 0,5 0.7 0,5 0.5
76. Telecommunications and sound recording equipment 2,9 2.2 1,4 1.2 2,6 3.3 1,2 1.6 1,5 1.7
77. Electric machinery,n.e.s.and parts 6,3 4.8 6,2 5.5 5,0 6.4 3,9 5.6 4,2 4.8
78. Road vehicles 52,1 39.8 32,8 29.0 24,4 31.4 22,2 32.5 27,1 31.5
79. Other transport equipment 0,8 0.6 0,3 0.2 3,5 4.5 1,5 2.1 1,5 1.6
8. Miscellaneous manufactured articles 7,8 6.0 21,10 19.4 3,8 4.8 4,3 6.2 11,6 13.4
84. Articles of apparel and clothing accessories 1,1 0.8 0,1 0.0 0,1 0.0 0,10 1.3 0,1 0.0
87. Instruments and apparates n.e.s. 4,8 3.6 3,6 3.1 2,7 3.5 2,6 3.7 5,1 5.8
89. Miscellaneous manufactured articles,n.e.s. 1,3 0.9 17,10 15.9 0,9 1.0 0,4 0.6 5,10 6.9
9. Goods not classified elsewhere 5,1 3.8 4,5 3.9 2,8 3.6 3,1 4.5 3,3 3.8
93. Special transactions and commodities not classified 0,1 0.1 0,2 0.2 0,1 0.1 0,6 0.9 0,2 0.2
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 4,9 3.7 4,3 3.7 2,8 3.5 2,5 3.7 3,2 3.6
0-9. All groups combined 130,8 100.0 112,10 100.0 77,5 100.0 68,2 100.0 86,1 100.0

Source: US Census Bureau

Table: Import from Oman (OM) to USA during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 0,4 0.5 0,7 0.6 0,5 0.8 0,4 0.7 0,4 0.7
3. Mineral fuels etc 0 0.0 0 0.0 0 0.0 1,3 2.2 2,6 4.7
33. Petroleum and products 0 0.0 0 0.0 0 0.0 1,3 2.2 2,6 4.7
5. Chemicals and related products,n.e.s. 37,5 47.3 65,7 60.1 33,3 58.0 22,8 39.5 17,6 31.5
51. Organic chemicals 12,8 16.1 15,10 14.5 1,0 1.7 4,0 6.9 1,0 1.8
55. Perfume,cleaning etc.preparations 0,1 0.1 0,10 0.8 0,3 0.4 0,2 0.2 0,8 1.4
56. Fertilizers,manufactured 10,8 13.6 23,8 21.7 9,6 16.7 0 0.0 0 0.0
57. Plastics in primary forms 1,2 1.4 0,7 0.6 0,4 0.6 0 0.0 1,5 2.7
58. Plastics in non-primary forms 12,8 16.1 24,4 22.3 22,2 38.6 18,7 32.4 14,3 25.7
6. Basic manufactures 26,6 33.4 30,3 27.6 21,1 36.7 28,3 48.9 26,8 48.2
66. Non-metallic mineral manufactures,n.e.s. 0,2 0.2 0,3 0.2 0,1 0.1 0,3 0.5 0,6 1.0
67. Iron and steel 2,8 3.5 3,2 2.9 1,6 2.8 0,6 1.0 0,9 1.4
68. Non-ferrous metals 17,1 21.5 20,9 19.1 13,3 23.1 18,10 32.8 16,0 28.8
69. Manufactures of metals,n.e.s. 6,6 8.3 6,1 5.5 6,2 10.7 8,5 14.7 9,5 16.9
7. Machinery,transport equipment 1,0 1.2 2,1 1.9 0,5 0.8 0,9 1.5 0,6 0.9
77. Electric machinery,n.e.s.and parts 0,6 0.7 1,9 1.7 0,4 0.6 0,3 0.5 0,5 0.9
8. Miscellaneous manufactured articles 7,2 9.0 0,9 0.7 0,8 1.4 1,3 2.1 2,7 4.8
89. Miscellaneous manufactured articles,n.e.s. 7,1 8.9 0,4 0.3 0,7 1.2 1,0 1.7 2,6 4.6
9. Goods not classified elsewhere 6,8 8.5 9,9 9.0 1,3 2.2 2,9 4.9 5,2 9.2
93. Special transactions and commodities not classified 6,6 8.3 9,8 8.9 1,2 2.0 2,7 4.6 5,1 9.0
0-9. All groups combined 79,3 100.0 109,4 100.0 57,4 100.0 57,7 100.0 55,6 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - Juli (Sitc)

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