Muscat: The figures show that the total value of merchandise exports stood at RO 19.359 billion by the end of October 2025, reflecting an 8 per cent decrease compared to RO 21.048 billion recorded a year earlier. In contrast, merchandise imports rose by 6.8 per cent to reach RO 14.669 billion, up from RO 13.741 billion during the same period in 2024.
The decline in exports was largely driven by a drop in oil and gas exports, which fell by 16.3 per cent to RO 12.135 billion by the end of October 2025, compared to RO 14.497 billion at the end of October 2024.
However, the data highlighted stronger performance in non-hydrocarbon trade. Non-oil merchandise exports increased by 9.9 per cent, reaching RO 5.612 billion, up from RO 5.106 billion a year earlier. Re-exports also recorded growth of 11.6 per cent, rising to RO 1.612 billion by the end of October 2025, compared to RO 1.445 billion during the same period in 2024.
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In terms of trading partners, the United Arab Emirates topped non-oil export destinations with a value of RO 1.07 billion, marking a 27.6 per cent increase year-on-year. The UAE also led re-export destinations at RO 532 million and ranked first among countries exporting to Oman, with imports valued at RO 3.491 billion.
The Saudi Arabia ranked second in non-oil exports at RO 920 million, followed by India at RO 597 million. For re-exports, Iran came second with RO 324 million, followed by the United Kingdom at RO 179 million.
On the import side, China ranked second after the UAE, with imports valued at RO 1.556 billion, followed by the Kuwait at RO 1.257 billion.
