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The Sultanate of Oman, with a population of 3.8 million, including 1.8 million expatriate workers, is a small-to-medium market for U.S. exports.  In 2013, U.S. exports to Oman accounted for $1.5 billion, a 11.7% decrease from 2012.  The U.S. is one of Oman’s top 10 trading partners.  U.S. exports to Oman are concentrated in machinery, transportation equipment, oil drilling equipment, passenger vehicles, and gas turbines.  Major growth areas include: electricity transmission and generation equipment and services; aviation services and aircraft; rail services and equipment; water desalination services and equipment; waste management and recycling; medical equipment; wheat exports; and aquaculture.  Oman’s real annual GDP growth was 5.6% in 2013. Oman is a member of the World Trade Organization (WTO), though has not joined the Government Procurement Agreement.  In 2006, Oman signed a Free Trade Agreement (FTA) with the United States, which has been in force since 2009.  

More data is available on historical and current bilateral trade balances, as well as a more detailed breakdown of the 2012 trade figures (PDF 87.53KB).

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