Oman records OMR4.7 billion trade surplus by end of June 2026

Muscat: Oman’s trade balance recorded a surplus of about OMR4.7 billion by the end of June 2026, compared with a surplus of about OMR 3.1 billion during the same period of 2025, marking an increase of about 51 percent.

Data issued by the National Centre for Statistics and Information (NCSI) showed that the total value of Oman’s merchandise exports rose by 15.3 percent, reaching about OMR 13.2 billion by the end of June 2026, compared with about OMR 11.5 billion during the same period of 2025.

This increase is attributed to a 16.5 percent growth in the value of oil and gas exports, which reached about OMR 8.6 billion, compared with about OMR 7.4 billion by the end of June 2025.

The value of re-exports rose by 20 percent to reach OMR 978 million, compared with OMR 815 million during the same period last year, while non-oil exports recorded growth of 11.4 percent to reach about OMR 3.6 billion, compared with about OMR 3.3 billion during the same period last year.

The value of merchandise imports also rose by 2.1 percent, reaching about OMR 8.6 billion by the end of June 2026, compared with about OMR 8.4 billion by the end of June 2025.

In terms of trading partners, the United Arab Emirates topped the list of leading destinations for Omani non-oil exports with a value of OMR 1.134 billion, followed by the Kingdom of Saudi Arabia with OMR 357 million, and then the Republic of India with OMR 333 million.

With regard to re-exports, the Islamic Republic of Iran topped the list of leading destinations for re-exports by the end of June 2026, with a value of OMR 254 million, followed by the United Arab Emirates in second place with OMR 221 million, while the Kingdom of Saudi Arabia came in third place with OMR 188 million.

On the side of merchandise imports, the United Arab Emirates topped the list of leading countries exporting to Oman by the end of June 2026, with a value of OMR 2.423 billion, followed by the People’s Republic of China with OMR 1.194 billion, and then the Republic of Türkiye with OMR 676 million.