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Oman’s trade surplus narrows by 42% to RO3.9bn by September

13 Dec 2025 By OUR CORRESPONDENT

Muscat – Oman’s trade balance recorded a surplus of RO3.885bn by the end of September 2025, a decline of 42% compared to a surplus of RO6.743bn 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 fell by 9.1% to RO17.182bn by the end of September 2025, compared to RO18.906bn in the corresponding period of 2024.

The decline was mainly driven by a 16.5% drop in the value of Oman’s oil and gas exports, which stood at RO10.913bn by the end of September 2025, compared to RO13.071bn a year earlier.

In contrast, non-oil merchandise exports rose by 10.3% to RO5.002bn, up from RO4.534bn during the same period in 2024.

Re-exports declined by 2.6% to RO1.266bn by the end of September 2025, compared to RO1.300bn in the corresponding period of the previous year.

Total merchandise imports into the Sultanate of Oman reached RO13.297bn by the end of September 2025, up from RO12.163bn a year earlier, registering growth of 9.3%.

The United Arab Emirates topped the list of destinations for Omani re-exports, with a value of RO945mn, marking growth of 28.3% compared to the same period in 2024. The UAE also ranked first among destinations for Oman’s non-oil exports, valued at RO484mn, and was the leading source of imports into Oman, with imports amounting to RO3.071bn.

Saudi Arabia ranked second among destinations for Oman’s non-oil exports, with exports valued at RO837mn, followed by India at RO529mn. In terms of re-exports, Iran ranked second with RO225mn, followed by Saudi Arabia with RO113mn.

Among countries exporting to Oman, China ranked second with imports valued at RO1.348bn, followed by Kuwait at RO1.151bn.

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