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Economic cooperation

Belarus and Oman pay special attention to the development of trade and economic relations.

Dynamics of bilateral trade of the Republic of Belarus with Oman, (million US dollars)

 

Year

Turnover

Export

Import

Balance

2015

0,58

0,003

0,58

(-0,58)

2016

0,7

0,47

0,23

0,24

2017

3,95

3,5

0,45

3,05

2018

2,3

1,8

0,5

1,3

2019

3,46

2,2

1,25

0,96

2020

1,15

0,85

0,3

0,55

2021 1,5 0,9 0,6 0,3

2021 in %
to 2020

129,2

106,6

191,2

-

 

In 2021, the trade turnover between the Republic of Belarus and Oman amounted to 1.5 million dollars. Export of Belarusian goods — 0.9 million dollars.

The main exports in 2021 were potash fertilizers and food products.

The Belarusian-Omani Council for Business Cooperation is functioning.

Cooperation in the field of science and technology is developing. In April 2019, Omani businessmen and investors visited international exhibition TIBO-2019 in Minsk. In March 2020, a delegation of the National Academy of Sciences of Belarus and the Park of High Technologies visited Oman.

 

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