Oman's trade surplus rises to $24bn in 2012

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Oman's merchandise trade surplus rose 2.3 percent to OR9.24bn ($24bn) last year, boosted by strong energy exports, according to data released by the government's statistics centre on Tuesday.

Exports rose 10.7 percent to OR20.05bn, aided by an 8.9 percent increase in the value of oil and gas shipments to OR13.97bn.

Imports expanded 19.0 percent to OR10.81bn, partly because of a 36.2 percent jump to OR2.56bn in purchases of transport equipment. Flag carrier Oman Air added two aircraft to its fleet last year.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi Arabia rewrites its oil game with refining might

Saudi Arabia rewrites its oil game with refining might

Gulf kingdom now has stakes in more than 5 million barrels per...

How to get the most out of social media, by Obama's 2008 campaign manager

How to get the most out of social media, by Obama's 2008 campaign manager

David Plouffe is credited with Barack Obama’s unlikely 2008 victory...

King's absence from US summit shows Saudi upset over Iran push

King's absence from US summit shows Saudi upset over Iran push

Analysts and diplomats in the Middle East describe King Salman...

Most Popular
Most Discussed