Oman's Trade Balance Records a Surplus of More Than $6.7 Billion

  • Muscat, Oman
  • 10 June 2024
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Oman's trade balance recorded a surplus of RO 2.610 million ($6.7 billion) at the end of March 2024. Compared to a surplus of RO 932 billion (USD 5 billion) during the same period in 2023.

According to statistics issued by the National Center for Statistics and Information, the value of merchandise exports by the end of March 2024 was about 6 billion and 502 million Omani riyals (16.8 billion dollars). Up 16.7 percent from the same period last year, which stood at OMR 5.572 million ($14.4 billion). While the value of merchandise imports to the Sultanate of Oman amounted to RO 3 billion and 892 million ($ 10 billion), up by 6.9 percent compared to the end of March 2023, amounting to RO 3 billion and 640 million ($ 9.4 billion).

Source (Al-Sharq Al-Awsat Newspaper, Edited)

 

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