Muscat: The Sultanate of Oman recorded a trade surplus of OMR3.555 billion by the end of July 2025, compared to a surplus of OMR5.432 billion during the same period in 2024, reflecting a decrease of 34.6 percent.
Preliminary statistics issued by the National Centre for Statistics and Information showed that the total value of merchandise exports reached OMR13.476 billion by the end of July 2025, a decrease of 9.2 percent compared to the same period in 2024, which stood at OMR14.839 billion.
The statistics indicated that this decline is primarily attributed to a 17 percent decrease in Oman's oil and gas exports, which amounted to OMR8.582 billion by the end of July this year, compared to OMR10.344 billion during the same period in 2024.
The statistics revealed that Oman's non-oil merchandise exports achieved notable growth of 11.3 percent, reaching a value of OMR3.890 billion by the end of July 2025, compared to OMR3.497 billion during the corresponding period in 2024.
Re-exports also saw a marginal increase of 0.5 percent by the end of July 2025, reaching OMR1.4 billion, compared to OMR999 million during the same period in 2024.
The statistics clarified that the total value of merchandise imports into Oman rose to OMR9.921 billion by the end of July 2025, compared to OMR9.407 billion during the same period in 2024, registering an increase of 5.5 percent.
Meanwhile, the United Arab Emirates (UAE) led trade exchange in non-oil exports by the end of July 2025, with exports to the UAE valued at OMR698 million, representing a growth of 27.8 percent compared to the end of July 2024.
The UAE also topped the list of countries for Omani re-exports with a value of OMR394 million, as well as the list of countries exporting to Oman, with imports from the UAE valued at OMR2.338 billion.
The Kingdom of Saudi Arabia ranked second on the list of Omani non-oil exports, with a value of OMR653 million, followed by India with OMR398 million.
For re-exports, Iran ranked second with a value of OMR179 million, followed by the Kingdom of Saudi Arabia with OMR80 million.
Regarding countries exporting to Oman, the People's Republic of China ranked second with imports valued at OMR1.5 billion, followed by the State of Kuwait with a value of OMR914 million.