Business

Oman’s Trade Balance Surplus Reaches 6.5 Billion Rials by August 2026

Muscat:The Sultanate of Oman has achieved a trade balance surplus of approximately 6.5 billion Omani Rials by the end of August 2026. This marks a significant increase from about 3.9 billion Rials during the same period in 2025, as indicated by data from the National Centre for Statistics and Information.

According to Yemen News Agency, the Oman News Agency reported that merchandise exports saw a 19.7 percent increase, surpassing 18.3 billion Rials, compared to 15.3 billion Rials in the previous year. Imports also experienced growth, rising by 4.4 percent to approximately 11.9 billion Rials from 11.4 billion Rials.

The report highlighted a 23.9 percent rise in oil and gas exports, amounting to 12.1 billion Rials. Additionally, non-oil merchandise exports increased by 10.5 percent, reaching 4.9 billion Rials, while re-exports grew by 19.7 percent, totaling 1.3 billion Rials.