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Oman’s
Trade Balance Surplus Reaches RO 5.5 Billion by End of July 2026
Muscat,
5 Oct 2026 (ONA) — The trade balance of the Sultanate of Oman recorded a surplus
of approximately RO 5.5 billion by the end of July 2026, compared to a surplus
of about RO 3.6 billion during the corresponding period in 2025.
Preliminary
statistics issued by the National Centre for Statistics and Information (NCSI) indicated
that the total value of merchandise exports of the Sultanate of Oman reached
approximately RO 15.9 billion by the end of July 2026, recording an increase of
17.8 percent compared to about RO 13.5 billion during the corresponding period
in 2025.
Conversely,
the value of merchandise imports rose by 5.2 percent to stand at approximately RO
10.4 billion, compared to about RO 9.9 billion by the end of July 2025.
The
value of oil and gas exports reached approximately RO 10.4 billion by the end
of July 2026, recording a rise of 21.6 percent compared to around RO 8.6
billion during the corresponding period of the previous year. The value of
non-oil exports also rose to nearly RO 4.3 billion, compared to about RO 3.9
billion during the same period in 2025.
The
value of re-exports from the Sultanate of Oman recorded a growth of 13.6
percent, rising from approximately RO 1 billion by the end of July 2025 to
about RO 1.1 billion by the end of July 2026.
The
United Arab Emirates topped the list of destinations for Oman’s non-oil
exports, with a value reaching approximately RO 1.4 billion, followed by the
Kingdom of Saudi Arabia at RO 418 million, and India at RO 402 million, while
the value of non-oil exports to the United States of America and the Republic
of South Korea reached RO 286 million and RO 179 million, respectively.
As
for merchandise imports, the United Arab Emirates topped the list of supplying
countries to the Sultanate of Oman, with a value of approximately RO 2.9
billion, marking an increase of 23.4 percent compared to the same period in
2025, followed by the People’s Republic of China with about RO 1.4 billion,
then Türkiye with RO 745 million, India with RO 744 million, and the Kingdom of
Saudi Arabia with RO 649 million.
—Ends/AG