Market profile
Doing business
Single-column tariff. Duties are ad valorem assessed on the C&F value (Incoterms 1990). The Gulf Co-operation Council unified rate of five per cent applies to most imports.
More information on doing business in Oman
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
Oman’s real GDP was recorded as US$35.7 billion in 2006 with a per capita GDP of US$14,032. This compares with real GDP growth in 2006 of 6.6%.
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- POLITICAL CLIMATE
Oman is an absolute monarchy and Sultan Qaboos bin Al-Said rules by Royal Decree.
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- TRADE RELATIONS
Australian exports to Oman in 2008 totalled A$706 million, including passenger motor vehicles valued at A$325 million.
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