Muscat, Nov 22 – The Sultanate’s total oil and non-oil exports surged by a whopping 17.8 per cent during the first half of this year compared with the corresponding period last year at RO 5.8 billion — up from RO 4.9 billion recorded last year.
Data published by the National Centre for Statistics and Information (NCSI) showed that both oil and non-oil exports rose significantly of late while re-exports dropped. Hydrocarbon exports registered a 32.4 per cent increase in the first half of 2017 supported by rising oil prices in the last months. Likewise, non-oil and gas exports rose by 26.7 per cent at RO 1.9 billion. These included chemical industries exports which registered RO 382 million, metallic products (RO 479 million), minerals (RO 314 million), plastic and rubber (RO 91), live animals (RO 63), electrical appliances (RO 49 million) and others (RO 203 million).
On the other side, re-exports dropped by 27.6 per cent at RO 788 million including metallic products, and transportation equipment.
Imports recorded RO 4.9 billion in the first half of this year, an increase of 16.6 per cent compared with the same period of last year.