Mubasher: Oman’s Balance of Trade (BOT) recorded a surplus of more than OMR 2 billion by the end of September 2015, according to the state’s statistics office.
The Omani National Centre for Statistics and Information (NCSI) said in its monthly report that commodity export fell by 33% to OMR 10.4 billion in the first nine months of 2015, versus OMR 15.5 billion in the same period 2014, and commodity imports declined 0.8% to OMR 8.3 billion from OMR 8.4 billion.
Oman’s oil and gas exports reached OMR 6.175 billion for the period, compared to OMR 10.2 billion, with a drop of 39.8% year-on-year.
Non-oil exports value slipped 23% to OMR 2.3 billion in the above mentioned period, compared to OMR 3.68 billion in the same period of 2014.
The Sultanate’s re-exports value dipped 16.1% to OMR 1.8 billion by the end of September last year from OMR 2.2 billion a year earlier.
The United Arab Emirates was the top importer of Omani non-oil exports with OMR 468.7 million in the January-September period last year, 18.1% down from OMR 572.2 million in the same period of 2014.
Saudi Arabia came second with OMR 605.7 million, then India, China and U.S. with OMR 198 million, OMR 192 million and OMR 153 million respectively.
Translated by: Elwy el-Manzalawy
