Iraq vs Oman: Net trade in goods
Iraq
26.69 billion BoP, current US$
in 2024
Oman
25.66 billion BoP, current US$
in 2024
Iraq rank
21st
Oman rank
23rd
Net trade in goods over time
- Iraq
- Oman
How they compare
Iraq currently reports 26.69 billion BoP, current US$ against 25.66 billion BoP, current US$ in Oman, a difference of 1.03 billion BoP, current US$.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Oman ahead.
Iraq ranks 21st and Oman ranks 23rd of 199 countries.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iraq | Oman | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.32 billion BoP, current US$ | 12.27 billion BoP, current US$ | 3.05 billion BoP, current US$ | Iraq |
| 2010s | 29.81 billion BoP, current US$ | 18.13 billion BoP, current US$ | 11.68 billion BoP, current US$ | Iraq |
| 2020s | 37.04 billion BoP, current US$ | 21.08 billion BoP, current US$ | 15.96 billion BoP, current US$ | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Iraq or Oman?
- Iraq, at 26.69 billion BoP, current US$ against 25.66 billion BoP, current US$ in Oman as of 2024.
- What is the difference in net trade in goods between Iraq and Oman?
- 1.03 billion BoP, current US$, with Iraq ahead.
- How many years of comparable data are there for Iraq and Oman?
- 20 years are reported by both, from 2005 to 2024.
- How do Iraq and Oman rank globally for net trade in goods?
- Iraq ranks 21st and Oman ranks 23rd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). 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 is the difference between the exports and imports of goods. 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.