Thursday, May 14, 2026

Business News

Photo Credit: ONA

Oman’s trade balance surplus exceeds RO 2.4 billion

The Sultanate of Oman's recorded a trade balance surplus of RO 2.454 billion until the end of May 2025, marking a decrease of 38.5 percent compared to the surplus of RO 3.989 billion during the same period in 2024.

Oman News Agency

info@thearabianstories.com

Tuesday, July 29, 2025

MUSCAT – Preliminary statistics issued by the National Centre for Statistics and Information (NCSI) showed a 9.6 percent decline in the total value of commodity exports, reaching RO 9.639 billion by the end of May 2025, down from RO 10.659 billion during the same period in 2024.


This decline is mainly attributed to a 15.2 percent drop in Oman’s oil and gas exports, which fell to RO 6.315 billion by May 2025, compared to RO 7.444 billion in the previous year.


In contrast, Oman’s non-oil commodity exports witnessed a remarkable growth of 7.2 percent, reaching RO 2.701 billion by the end of May 2025, compared to RO 2.521 billion during the same period in 2024.
Re-exports registered a 10.3 percent decline by the end of May 2025, reaching RO 623 million, compared to RO 695 million during the previous year.


The data showed a 7.7 percent increase in the total value of commodity imports to the Sultanate, reaching RO 7.185 billion by the end of May 2025, compared to RO 6.670 billion during the same period in 2024.


Regarding trade partners, the United Arab Emirates led Oman’s non-oil trade by the end of May 2025, with exports totalling RO 485 million, an increase of 22.9 percent from May 2024. The UAE also topped the list for re-exports from Oman, valued at RO 248 million, and was the largest source of imports to Oman, with shipments worth RO 1.651 billion.


Saudi Arabia ranked second for Omani non-oil exports at RO 451 million, followed by India at RO 280 million. In re-exports, Iran was second with RO 109 million, followed by Saudi Arabia with RO 45 million.
As for imports to Oman, Kuwait ranked second with RO 731 million, followed by China with RO 698 million.

Close