Sitemap

Middle East / Market profile

Oman

A research starting point for understanding Oman from an Indian business perspective.

Last updated: 3 October 2026

India
Oman flagOman

India-focused research

Oman country briefing artwork

Country overview

Capital
Muscat
Region
Middle East
Currency
Omani rial (OMR)
Time zone
UTC+4

Source: Oman Medical Specialty Board government profile

View source
Oman flag

Market snapshot

Key indicators for the selected market. Country indicators are dated; trade figures use the latest available year.

Population

5.28M

2024

World Bank

View source
GDP

US$107.14B

2024

World Bank

View source
GDP growth

1.6%

2024

World Bank

View source
Import market size

US$43.47B

2024

WTO Tariff & Trade Data, UN Comtrade

View source
Indicator notes & verification

World Bank indicators and WTO merchandise imports refer to 2024. Imports exclude services. Regulatory guidance is preliminary, not legal or tax advice.

Last verified: 3 October 2026

Data years: Population: 2024; GDP: 2024; GDP growth: 2024; Import market size: 2024

India-Oman trade relationship

Historical exports and leading recorded products, not a forecast of demand.

US$3.96B

+12.9% YoY

India exports to Oman (2024)

Source: CEPII BACI HS17 via India Trade Routes

See full trade series
Trade notes
2023: US$3.51B2024: US$3.96B
Direction only; not a scaled chart.

Recorded route summary

India recorded exports to Oman in every BACI year from 2017 to 2024. In 2024, India's exports to Oman were $3.96B, up 12.9% year over year. The 3 largest HS6 products by value were Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils (HS 271000, $1.30B, 32.8% of the total); Aluminium oxide: other than artificial corundum (HS 281820, $280.9M, 7.1% of the total); Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed (HS 100630, $197.2M, 5.0% of the total).

Top Indian exports to Oman (2024)

  1. 1
    Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils. Expand full product description.

    HS6 271000

    US$1.30B
  2. 2
    Aluminium oxide: other than artificial corundum. Expand full product description.

    HS6 281820

    US$280.93M
  3. 3
    Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed. Expand full product description.

    HS6 100630

    US$197.20M

Why research this market?

Four research lenses to understand the market, not a recommendation to enter it.

Demand

Define the customer group and the evidence needed to test their needs. This is a research lens, not a finding about Oman demand.

View details Demand

This research guidance has no linked supporting evidence yet.

Capability

Review delivery capacity, product fit and the support your team can provide.

View details Capability

This research guidance has no linked supporting evidence yet.

Access

Compare possible channels and the relationships each would require.

View details Access

This research guidance has no linked supporting evidence yet.

Expansion

Consider the people, resources and decision points needed before committing.

View details Expansion

This research guidance has no linked supporting evidence yet.

Explore sectors

Choose a research focus. No sector has been established as an opportunity in this country.

Market entry

Possible routes to evaluate, not recommendations for this country.

Direct sales

Evaluate this route against your product, customers and operating model.

  1. 01Indian business

  2. 02Entry route

  3. 03Buyer or partner

  4. 04Local operations

  5. 05Expansion

Questions before entering

Check these against your product, HS code and business model.

Regulatory & compliance

Verify current requirements with the relevant authority before acting. This is not legal or tax advice.

01

Business registration

Gov.om provides commercial-register renewal with fees varying by legal type. Initial foreign-investor establishment requirements need separate checking.

Source: Gov.om commercial-register renewal

View source
View details Business registration

What to verify

Gov.om provides commercial-register renewal with fees varying by legal type. Initial foreign-investor establishment requirements need separate checking.

Relevant source: Gov.om commercial-register renewal

Last verified: 3 October 2026

View source
02

Import & export

Oman Customs provides product-requirement searches, duty calculation and advance rulings. Check the relevant classification before pricing exports.

Source: Oman Customs

View source
View details Import & export

What to verify

Oman Customs provides product-requirement searches, duty calculation and advance rulings. Check the relevant classification before pricing exports.

Relevant source: Oman Customs

Last verified: 3 October 2026

View source
03

Tax

The Tax Authority provides VAT law, regulations and guidance. Verify registration and transaction treatment for the business.

Source: Oman Tax Authority

View source
View details Tax

What to verify

The Tax Authority provides VAT law, regulations and guidance. Verify registration and transaction treatment for the business.

Relevant source: Oman Tax Authority

Last verified: 3 October 2026

View source
04

Data & privacy

The government summary of Ministerial Resolution 34/2024 covers processing permits, children's data, individual rights and controller obligations. Verify applicability.

Source: MTCIT Open Data Portal

View source
View details Data & privacy

What to verify

The government summary of Ministerial Resolution 34/2024 covers processing permits, children's data, individual rights and controller obligations. Verify applicability.

Relevant source: MTCIT Open Data Portal

Last verified: 3 October 2026

View source
05

Product requirements

Hazm lists technical schemes for specific product categories. Confirm which scheme applies rather than assuming one certificate covers unrelated goods.

Source: Hazm technical schemes

View source
View details Product requirements

What to verify

Hazm lists technical schemes for specific product categories. Confirm which scheme applies rather than assuming one certificate covers unrelated goods.

Relevant source: Hazm technical schemes

Last verified: 3 October 2026

View source
06

Sector-specific regulation

Identify the relevant regulator and verify activity-specific requirements.

View details Sector-specific regulation

What to verify

Identify the relevant regulator and verify activity-specific requirements.

India connection

Explore sourced bilateral information relevant to Indian businesses.

No institutional endorsement or partnership is implied.

IndiaOman flagOman
01

India-to-country trade

Explore recorded exports and products in the trade section above.

View trade data
02

India-Oman CEPA

India's PIB confirms signing on 18 December 2025 and entry into force on 1 June 2026. Check tariff schedules and origin documentation before assuming preferential treatment.

Source: Government of India PIB

View details India-Oman CEPA

India's PIB confirms signing on 18 December 2025 and entry into force on 1 June 2026. Check tariff schedules and origin documentation before assuming preferential treatment.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Government of India PIB

Last verified: 3 October 2026

View source
03

Relevant Indian institutions

The Indian Embassy in Muscat provides trade briefs, tenders and Commerce Wing resources.

Source: Indian Embassy Muscat

View details Relevant Indian institutions

The Indian Embassy in Muscat provides trade briefs, tenders and Commerce Wing resources.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Indian Embassy Muscat

Last verified: 3 October 2026

View source
04

Potential ecosystem connections

Identify potential partners through further research. No relationship or endorsement is implied.

View details Potential ecosystem connections

Identify potential partners through further research. No relationship or endorsement is implied.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

05

Relevant bilateral resources

Consult official CEPA information and embassy commercial resources.

Source: Government of India PIB

View details Relevant bilateral resources

Consult official CEPA information and embassy commercial resources.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Government of India PIB

Last verified: 3 October 2026

View source

What should a business research next?

Start with your product and HS code. Verify demand, applicable CEPA treatment, origin rules, import requirements, standards, taxes and routes to market.

  1. 01

    Understand the market

  2. 02

    Identify relevant sectors

  3. 03

    Assess your readiness

  4. 04

    Evaluate entry routes

  5. 05

    Identify partners

  6. 06

    Build an expansion plan

Discover → Prepare → Connect → Expand

Turn research into a plan

Start with your business context before drawing conclusions about a market.

Made with Levo