Oman’s Trade Balance Records RO 3.9 Billion Surplus

Muscat: The Sultanate of Oman's trade balance recorded a surplus of RO 3.930 billion by the end of August 2025. This represents a 36.1 percent decrease compared to the RO 6.145 billion surplus documented during the same period in 2024. According to Oman News Agency, preliminary statistics issued by the National Centre for Statistics and Information (NCSI) revealed that the total value of commodity exports reached RO 15.318 billion by the end of August 2025, showing a 9.5 percent decrease compared to RO 16.926 billion in the same period of 2024. This decline is largely attributed to a 16.8 percent reduction in Oman's oil and gas exports, which totaled RO 9.775 billion by the end of August 2025, compared to RO 11.753 billion during the same timeframe in 2024. Conversely, Oman's non-oil commodity exports exhibited a growth of 9.4 percent, reaching a value of RO 4.421 billion by the end of August 2025, in comparison to RO 4.042 billion during the same period in 2024. Re-exports experienced a slight decline of 0.8 percent by the end of August 2025, amounting to RO 1.122 billion compared to RO 1.131 billion during the corresponding period in 2024. The data also pointed out that the total value of commodity imports to Oman increased by 5.6 percent by the end of August 2025, reaching RO 11.389 billion, compared to RO 10.780 billion during the same period in 2024. The United Arab Emirates (UAE) led the trade exchange for non-oil exports by the end of August 2025, with a value of RO 821 million, marking a 28.8 percent growth compared to the end of August 2024. The UAE also topped the list of countries to which Oman re-exported goods, valued at RO 433 million, and was the leading exporter to Oman, with imports valued at RO 2.733 billion. Saudi Arabia held the second position in the list of Omani non-oil exports, with a value of RO 784 million, followed by India with RO 436 million. In terms of re-exports, Iran was second with a value of RO 202 million, followed by Saudi Arabia with RO 98 million. Regarding the count ries exporting to Oman, China ranked second with imports valued at RO 1.166 billion, followed by the State of Kuwait with RO 1.042 billion.