Oman Records Trade Surplus Exceeding RO 3.5 Billion

Muscat: The Sultanate of Oman recorded a trade surplus of RO 3.555 billion by the end of July 2025, compared to a surplus of RO 5.432 billion during the same period in 2024, reflecting a decrease of 34.6 percent. According to Oman News Agency, preliminary statistics issued by the National Centre for Statistics and Information showed that the total value of merchandise exports reached RO 13.476 billion by the end of July 2025, a decrease of 9.2 percent compared to the same period in 2024, which stood at RO 14.839 billion. The statistics indicated that this decline is primarily attributed to a 17 percent decrease in Oman's oil and gas exports, which amounted to RO 8.582 billion by the end of July this year, compared to RO 10.344 billion during the same period in 2024. The statistics revealed that Oman's non-oil merchandise exports achieved growth of 11.3 percent, reaching a value of RO 3.890 billion by the end of July 2025, compared to RO 3.497 billion during the corresponding period in 2024. Re-exports als o saw a marginal increase of 0.5 percent by the end of July 2025, reaching RO 1.4 billion, compared to RO 999 million during the same period in 2024. The statistics clarified that the total value of merchandise imports into Oman rose to RO 9.921 billion by the end of July 2025, compared to RO 9.407 billion during the same period in 2024, registering an increase of 5.5 percent. Meanwhile, the United Arab Emirates (UAE) led trade exchange in non-oil exports by the end of July 2025, with exports to the UAE valued at RO 698 million, representing a growth of 27.8 percent compared to the end of July 2024. The UAE also topped the list of countries for Omani re-exports with a value of RO 394 million, as well as the list of countries exporting to Oman, with imports from the UAE valued at RO 2.338 billion. The Kingdom of Saudi Arabia ranked second on the list of Omani non-oil exports, with a value of RO 653 million, followed by India with RO 398 million. For re-exports, Iran ranked second with a value of RO 179 mil lion, followed by the Kingdom of Saudi Arabia with RO 80 million. Regarding countries exporting to Oman, the People's Republic of China ranked second with imports valued at RO 1.5 billion, followed by the State of Kuwait with a value of RO 914 million.