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Oman’s trade balance recorded a surplus of 3.4 billion Omani rials up to the end of May 2026, achieving a growth of 37.2% compared to the surplus of 2.5 billion rials during the same period in 2025. The value of exports increased by 10.1%, reaching 10.6 billion rials, with oil and gas exports rising by 8.4%, and re-exports surging by 64% to reach 1 billion riyals. Imports, meanwhile, increased by 0.8% to 7.22 billion riyals. The United Arab Emirates topped Oman’s list of non-oil trading partners and held the first position in re-exports, while the UAE was also Oman’s main source of imports, followed by China and Turkey.
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