MUSCAT : According to the monthly statistical bulletin issued by the National Centre for Statistics and Information (NCSI), non-oil exports rose to approximately RO 6.7 billion in 2025, compared to RO 6.2 billion in 2024, marking a 7.5 per cent increase. Re-export activities recorded even stronger growth, surging by 20.3 per cent from RO 1.708 billion in 2024 to RO 2.056 billion in 2025.
Chemical and related industries products, metals and metal products, plastics, machinery and electrical equipment were among the most prominent non-oil exports during the year.
However, oil exports saw a notable decline in value, falling to RO 14.5 billion in 2025 compared to RO 17.1 billion in 2024, a drop of 15.2 per cent. The decrease was primarily attributed to the fall in the average price of Omani crude oil, which declined to USD 71 per barrel in 2025 from USD 80.8 per barrel in the previous year.
In terms of volume, total oil exports stood at 307.9 million barrels, slightly lower than 308.4 million barrels recorded in 2024. Meanwhile, average daily oil production increased from 992,600 barrels per day in 2024 to over one million barrels per day in 2025.
Overall, Omani merchandise exports amounted to RO 23.2 billion last year, reflecting a 7.1 per cent decline compared to RO 25 billion in 2024, largely due to the fall in oil export revenues. On the other hand, merchandise imports rose by 2.7 per cent, increasing from RO 16.7 billion to over RO 17.1 billion.
Total trade exchange for the Sultanate reached RO 40.4 billion in 2025, compared to RO 41.7 billion in 2024, impacted by lower oil export values.
In terms of non-oil export destinations, the United Arab Emirates remained Oman’s top trading partner, with exports exceeding RO 1.311 billion, a 25.3 per cent increase compared to RO 1.046 billion in 2024. Exports to Saudi Arabia also saw strong growth, rising from RO 849 million to RO 1.067 billion.
Exports to India increased by 6 per cent to approximately RO 700 million, up from RO 659 million in 2024. However, non-oil exports to South Korea and the United States recorded declines of 26.1 per cent and 13.3 per cent respectively.
The United Arab Emirates also led re-export activities, accounting for 35.2 per cent of Oman’s total re-export trade valued at RO 2.056 billion. The value of goods re-exported to the UAE reached RO 724 million, up from RO 569 million in 2024, a growth of 27.2 per cent.
Iran ranked second in re-export destinations with RO 365 million, registering a slight growth of 1.6 per cent. The United Kingdom followed with RO 207 million, Saudi Arabia with RO 191 million, and India with RO 84 million.
On the import side, merchandise imports from the UAE grew by 5.4 per cent, exceeding RO 4.1 billion compared to RO 3.9 billion in 2024. Imports from China increased by 5.7 per cent, rising from RO 1.183 billion to RO 1.935 billion. Meanwhile, imports from India declined by 3.8 per cent to RO 1.448 billion.
Imports from Kuwait fell from RO 1.692 billion to RO 1.314 billion, while imports from Saudi Arabia declined from RO 1.286 billion to RO 1.218 billion.
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