MUSCAT: Oman’s trade balance recorded a surplus of OMR7.517 billion by the end of December 2024, according to preliminary statistics issued by the National Centre for Statistics and Information.
The total value of merchandise exports reached OMR24.230 billion, an increase of 6.8% compared to OMR22.690 billion during the same period in 2023. On the other hand, merchandise imports rose by 12.1% to OMR16.713 billion compared to OMR14.910 billion in 2023.
Read More
- Oil rises on supply fears as Middle East attacks escalate
- Oman’s standard government contracts initiative aims to boost public spending efficiency
- World Bank forecasts 23% rise in global commodity prices in 2026
- Oman signs 28 investment deals worth more than RO 304 million
- Gold prices edge higher as markets await US Federal Reserve decision
