Mubasher: Oman’s Balance of Trade (BOT) recorded a surplus of OMR 1.58 billion in the first seven months of 2015, compared to OMR 5.27 million in the same period last year, according to the state’s statistics office.
The Omani National Center for Statistics and Information (NCSI) said, in its monthly report, that commodity export, non-oil exports and re-export sectors fell by 40%, 7.1% and 22.9% respectively during the period.
Initial statistics showed a commodity exports value of OMR 8.06 billion this year, versus OMR 11.80 billion in the first seven months of 2014, with a fall of 31.7%.
Meanwhile, commodity imports plummeted slightly by 0.7%, as it reached OMR 6.48 billion in the January-July period, against OMR 6.53 billion in the same period last year.
Oman’s oil and gas exports reached OMR 4.77 billion for the period, compared to OMR 7.962 billion, with a drop of 40% year-on-year.
The sultanate’s crude oil exports hit OMR 4.085 billion by the end of July 2015, while refined oil exports came to OMR 99.6 million and natural gas exports reached OMR 591.7 million.
Non-oil exports slipped 7.1% to OMR 1.92 billion this year, compared to OMR 2.066 billion in the first seven months of 2014.
