Extracted Data Points
- India-Oman Comprehensive Economic Partnership Agreement (CEPA) entered into force on 1st June 2026
- Agreement was signed on 18th December 2025 in Muscat
- Bilateral trade between India and Oman reached USD 11.18 billion in FY 2025-26
- Previous bilateral trade was USD 10.61 billion in FY 2024-25
- CEPA provides zero-duty access for 99.38% of India's exports to Oman by value
- Coverage includes 98.08% of Oman's tariff lines
- Under MFN regime, only 15.33% of India's exports entered Oman duty-free
- Oman's import market is nearly USD 28 billion
- India has offered tariff liberalization on 77.79% of tariff lines covering 94.81% of imports from Oman by value
- Sensitive sectors excluded include dairy, cereals, fruits, vegetables, edible oils, oilseeds, rubber, leather and spices
- Marine products receive immediate duty-free access replacing import duties of up to 5%
- Oman's marine imports stood at USD 35.3 million in 2025
- India's marine exports to Oman accounted for USD 10 million in 2025
- Gems and jewellery import duties of up to 5% eliminated
- Oman's total gems and jewellery import market is USD 1.07 billion annually
- India's exports to Oman in gems and jewellery stood at USD 25.78 million in 2025
- Includes USD 18.48 million in polished natural diamonds and USD 6.67 million in gold jewellery
- Projected gems and jewellery exports could reach USD 150 million within three years
- India is Oman's second-largest agricultural supplier with 17.8% share in Omani imports
- Agricultural exports grew at 9.13% CAGR to USD 552.85 million in 2025
- APEDA-scheduled products grew at 12.36% CAGR to USD 477 million
- India accounts for over 94% of Oman's bovine meat imports
- India accounts for over 98% of Oman's fresh egg imports
- Oman's pharmaceutical market valued at USD 302.84 million in 2025
- Projected to reach USD 473.71 million by 2031 (CAGR 6.6%)
- USFDA, EMA, UK MHRA and TGA-approved products receive marketing authorization within 90 days
- Where inspections are required, 270-working-day target applies
- Oman imported approximately USD 1.7 billion worth of electronics products in 2025
- India's electronics exports to Oman stood at USD 146 million
- Engineering exports to Oman reached USD 875.83 million in FY 2025-26
- Engineering exports projected to rise to USD 1.3–1.6 billion by 2030
- Bilateral services trade stood at USD 863 million in 2024
- India ran services surplus of USD 447 million
- Oman's global services imports amounted to USD 12.52 billion
- India accounted for 5.31% of Oman's services imports
- Oman committed to 127 services sub-sectors
- ICT ceiling raised from 20% to 50%
- Business visitors may stay in Oman for up to 90 days
- Independent professionals may stay for up to 180 days
- Intra-Corporate Transferees (ICTs) may stay for up to 4 years
- Agreement provides for future negotiations on Social Security Agreement
- Oman accepts certificates issued by India's Export Inspection Council (EIC)
- India's NPOP organic certification and halal certification systems recognized by Oman
- Oman's logistics hubs at Sohar, Duqm and Salalah provide access to GCC and East African markets
- India becomes only the second nation after United States to secure comprehensive bilateral trade pact with Oman
Relevant - Contains extensive market/economy/company-related data including trade figures, tariff reductions, sector-specific impacts, and regulatory measures.