Oman records a trade surplus of more than OMR4.6 billion

Business Saturday 10/January/2026 15:59 PM
By: ONA
Oman records a trade surplus of more than OMR4.6 billion

Muscat: The Sultanate of Oman’s trade balance recorded a surplus of OMR 4.69 billion by the end of October 2025, compared to a surplus of OMR 7.307 billion during the same period in 2024.

Preliminary statistics issued by the National Centre for Statistics and Information (NCSI) showed that the total value of merchandise exports reached OMR 19.359 billion by the end of October 2025, marking a decline of 8 percent compared to OMR 21.048 billion recorded during the same period in 2024.

In contrast, the total value of merchandise imports rose by 6.8 percent to OMR 14.669 billion, compared to OMR 13.741 billion during the same period last year.

The decrease in total exports was mainly attributed to a decline in the value of oil and gas exports, which amounted to OMR 12.135 billion by the end of October 2025, registering a 16.3 percent decrease compared to OMR 14.497 billion at the end of October 2024.

Meanwhile, the value of non-oil merchandise exports increased by 9.9 percent, reaching OMR 5.612 billion, compared to OMR 5.106 billion during the same period in 2024.

The value of re-exports also recorded an increase of 11.6 percent, reaching OMR 1.612 billion by the end of October 2025, compared to OMR 1.445 billion during the corresponding period of 2024.

The United Arab Emirates topped Oman’s non-oil export destinations by the end of October 2025, with exports valued at OMR 1.07 billion, reflecting a 27.6 percent increase year-on-year. The UAE also ranked first in re-exports, with a value of OMR 532 million, and remained the largest source of imports to Oman at OMR 3.491 billion.

Saudi Arabia ranked second in non-oil exports with OMR 920 million, followed by India at OMR 597 million. In re-exports, Iran came second with OMR 324 million, followed by the United Kingdom at OMR 179 million.

As for imports, China ranked second after the UAE, with imports valued at OMR 1.556 billion, followed by the State of Kuwait at OMR 1.257 billion.