Search

Oman’s Trade Surplus Reaches RO 4.3 Billion by July 2024, Boosted by Hydrocarbon Exports

Allen dreyfus Logo
© Allen Dreyfus
  • Oman’s merchandise exports rise 7.6% in 2024, driven by hydrocarbon sales
  • Imports also increase by 11.7%, with the UAE leading non-oil trade transactions

Oman’s trade balance recorded a surplus of RO 4.3 billion ($11.17 billion) by the end of July 2024, nearly matching the surplus achieved in the same period of 2023, according to a report from Oman’s National Centre for Statistics and Information.

Recent Business

Nairobi, Kenya © Unsplash
How East Africa’s industrial pivot is redefining its place in global capital markets
Read More »
Oil drilling rig Photo Marian Lupan @ Unsplash
Gabon’s deepwater risk: can BP and Exxon Mobil revive a declining oil basin?
Read More »
People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights