Oman Records OMR4.7 Billion Trade Surplus by End of June 2026
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- Oman recorded a merchandise trade surplus of about OMR4.7 billion by the end of June 2026, up from OMR3.1 billion a year earlier.
- Merchandise exports increased 15.3% to OMR13.2 billion, driven by higher oil and gas, re-export and non-oil shipments.
- Imports rose 2.1% to OMR8.6 billion, with the United Arab Emirates remaining Oman’s leading trading partner for both non-oil exports and imports.
Oman’s trade surplus reached about OMR4.7 billion by the end of June 2026, compared with OMR3.1 billion during the same period last year. The increase amounted to about 51%, according to data from the National Centre for Statistics and Information.
The value of merchandise exports rose 15.3% to approximately OMR13.2 billion. Oil and gas exports accounted for OMR8.6 billion, up 16.5% from OMR7.4 billion a year earlier. Re-exports increased 20% to OMR978 million, while non-oil exports grew 11.4% to about OMR3.6 billion.
Merchandise imports rose more slowly, increasing 2.1% to OMR8.6 billion from roughly OMR8.4 billion in the first half of 2025.
The United Arab Emirates was the leading destination for Oman’s non-oil exports, receiving goods worth OMR1.134 billion. Saudi Arabia followed with OMR357 million, and India ranked third with OMR333 million.
Iran led destinations for Omani re-exports, with a value of OMR254 million, followed by the UAE with OMR221 million and Saudi Arabia with OMR188 million. On the import side, the UAE topped the list of countries exporting to Oman with OMR2.423 billion, followed by China with OMR1.194 billion and Türkiye with OMR676 million.
Originally published by Times of Oman in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.