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Oman’s trade surplus hits 4.7B Riyals
Oman's economy achieved strong commercial performance during the first half of 2026, recording a trade surplus of approximately 4.7 billion Omani rials, representing a 51% increase compared to the same period last year, which was about 3.1 billion rials. The improvement was driven by a 15.3% rise in commodity exports, reaching around 13.2 billion rials, with a significant increase in oil and gas exports by 16.5% to about 8.6 billion rials. Re-exports also grew by 20%, totaling approximately 978 million rials, while non-oil exports increased by 11.4% to reach 3.6 billion rials. On the other hand, imports saw a modest rise of 2.1%, amounting to about 8.6 billion rials, which contributed to the expansion of the trade surplus. The United Arab Emirates remained the largest market for Omani non-oil exports, while the UAE also maintained its position as the primary source of imported goods, followed by China and Turkey.
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