Oman's trade surplus reached 5.5 billion Omani Rials by the end of July 2026, showing a significant increase compared to a surplus of about 3.6 billion Rials during the same period in 2025.
Growth in Exports and Imports
Preliminary statistics released by the National Center for Statistics and Information (NCSI) indicate that the total value of Omani goods exports reached 15.9 billion Omani Rials by the end of July 2026, marking a 17.8% increase compared to about 13.5 billion Rials during the same period last year.
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In contrast, the value of imports also increased by 5.2% to reach 10.4 billion Omani Rials, compared to about 9.9 billion Rials recorded at the end of July 2025.
Oil and Gas Exports and Target Markets
The value of oil and gas exports reached 10.4 billion Omani Rials by the end of July 2026, representing a 21.6% increase compared to about 8.6 billion Rials during the same period last year. Additionally, the value of non-oil exports has also increased to nearly 4.3 billion Omani Rials, compared to about 3.9 billion Rials in 2025.
The value of re-exports from the Sultanate of Oman also increased by 13.6% from 1 billion Omani Rials at the end of July 2025 to about 1.1 billion Rials at the end of July 2026.
The United Arab Emirates tops the list of Oman's non-oil export destinations, with a value of 1.4 billion Omani Rials. Following that, Saudi Arabia with 418 million Rials and India with 402 million Rials rank next. The value of non-oil exports to the United States and South Korea has reached 286 million and 179 million Omani Rials, respectively.
Goods Imports and Supplier Countries
In terms of goods imports, the United Arab Emirates also ranks first among the supplier countries to the Sultanate of Oman, with a value of 2.9 billion Omani Rials, reflecting a 23.4% increase compared to the same period in 2025. After the UAE, the People's Republic of China with 1.4 billion Rials, Turkey with 745 million Rials, India with 744 million Rials, and Saudi Arabia with 649 million Rials follow in the rankings.
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