LOC15:20
12:20 GMT
Oman non-oil exports grow 7.5 pct, re-exports surge 20 pct
MUSCAT, Feb 21 (KUNA) -- Data released Saturday by the National Centre for Statistics and Information showed that Oman's non-oil exports grew by 7.5 percent in 2025, while re-export activities rose 20.3 percent, reflecting efforts to boost ports and industrial exports.
Non-oil exports reached about OMR 6.7 billion (around USD 17.4 billion) in 2025, up from OMR 6.2 billion (USD 16.1 billion) in 2024, while re-exports increased from OMR 1.7 billion (USD 4.4 billion) to OMR 2 billion (USD 5.2 billion) over the same period.
Key non-oil exports included chemical products and related industries, metals and metal products, plastics, machinery, and electrical equipment, while oil exports fell 15.2 percent due to the average Oman crude oil price dropping to USD 71 per barrel, down from USD 80.8 in 2024.
Total oil exports reached 307.9 million barrels in 2025, compared to 308.4 million barrels in 2024, with average daily production rising from 992,600 barrels to over one million barrels per day, while Oman's total trade exchange amounted to OMR 40.4 billion (around USD 105 billion).
Regarding trade partners for non-oil exports, the UAE led with OMR 1.311 billion (USD 3.4 billion), followed by Saudi Arabia, India, South Korea, and the United States, while in re-exports the UAE also led with OMR 2 billion (USD 5.2 billion), accounting for 35.2 percent of total Omani re-export trade.
Imports from the UAE rose 5.4 percent to OMR 4.1 billion (USD 10.6 billion), while imports from China grew 5.7 percent, imports from India and Kuwait declined to OMR 1.314 billion (USD 3.3 billion) and OMR 1.314 billion (USD 3.3 billion). (end)
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