Kuwait vs Oman: Net trade in goods and services
Net trade in goods and services over time
- Kuwait
- Oman
How they compare
Oman currently reports 18.53 billion BoP, current US$ against 16.28 billion BoP, current US$ in Kuwait, a difference of 2.25 billion BoP, current US$.
That makes Oman's figure about 1.1 times Kuwait's.
The two have swapped places 12 times across 48 shared years of data; in 1975 it was Kuwait ahead.
Kuwait ranks 27th and Oman ranks 25th of 199 countries.
Across the 6 decades both report, Kuwait averaged higher in 5 and Oman in 1.
Head to head by decade
| Decade | Kuwait | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.55 billion BoP, current US$ | 437.00 million BoP, current US$ | 6.12 billion BoP, current US$ | Kuwait |
| 1980s | 2.68 billion BoP, current US$ | 1.15 billion BoP, current US$ | 1.54 billion BoP, current US$ | Kuwait |
| 1990s | 746.42 million BoP, current US$ | 959.28 million BoP, current US$ | 212.87 million BoP, current US$ | Oman |
| 2000s | 23.73 billion BoP, current US$ | 6.61 billion BoP, current US$ | 17.12 billion BoP, current US$ | Kuwait |
| 2010s | 37.29 billion BoP, current US$ | 11.70 billion BoP, current US$ | 25.59 billion BoP, current US$ | Kuwait |
| 2020s | 29.36 billion BoP, current US$ | 13.99 billion BoP, current US$ | 15.37 billion BoP, current US$ | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Kuwait or Oman?
- Oman, at 18.53 billion BoP, current US$ against 16.28 billion BoP, current US$ in Kuwait as of 2024.
- What is the difference in net trade in goods and services between Kuwait and Oman?
- 2.25 billion BoP, current US$, with Oman ahead.
- How many years of comparable data are there for Kuwait and Oman?
- 48 years are reported by both, from 1975 to 2024.
- How do Kuwait and Oman rank globally for net trade in goods and services?
- Kuwait ranks 27th and Oman ranks 25th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.