By: Economy Middle east

Oman’s non-oil exports rose 7.5 percent to almost OMR6.7 billion ($17.42 billion) in 2025, up from OMR6.2 billion in 2024.

The National Center for Statistics and Information (NCSI) also revealed in its monthly report that re-export activities registered growth of 20.3 percent, rising from OMR1.708 billion in 2024 to OMR2.056 billion in 2025.

Oil exports fall to OMR14.5 billion as crude prices dip

Leading Oman’s non-oil exports in 2025 were products of the chemical industries and related industries, metals and their manufactured products, metallic goods, plastics, machinery and electrical equipment.

The past year witnessed a decline in oil export values, which fell to OMR14.5 billion from OMR17.1 billion in 2024, a 15.2 percent decrease. This was affected by a drop in the average price of Omani oil to $71 per barrel, compared to $80.8 per barrel in 2024.

Total oil exports last year reached 307.9 million barrels compared to 308.4 million barrels in 2024, while the average daily oil production rose from 992.6 thousand barrels per day in 2024 to more than one million barrels per day in 2025.

The NCSI also revealed that the value of Oman’s commodity exports during the past year amounted to OMR23.2 billion, recording a decline of 7.1 percent from the 2024 level of OMR25 billion, affected by the decrease in oil exports, whereas registered commodity imports rose by 2.7 percent, from OMR16.7 billion to more than OMR17.1 billion.

Oman’s trade exchange reaches OMR40.4 billion

The statistics further indicated that the value of Oman’s trade exchange reached OMR40.4 billion last year, compared to OMR41.7 billion in 2024, affected by the decline in the value of oil exports.

The data further reveals that the UAE topped the list of Oman’s trading partners last year in non-oil exports, re-export activities and merchandise imports. The UAE ranked first as a destination for Oman’s non-oil exports, receiving goods valued at more than OMR1.311 billion, marking a growth rate of 25.3 percent.

The UAE also accounted for 35.2 percent of Oman’s total re-export trade, valued at OMR724 million, reflecting a growth of 27.2 percent. Meanwhile, Omani merchandise imports from the UAE increased by 5.4 percent, exceeding OMR4.1 billion.

Other prominent trading partners included Saudi Arabia, India, China, Iran and the United Kingdom, with varying shares in export and import activities.