Oman’s non-oil exports surge 28% to OMR1.8b
Oman’s non-oil exports surged by 28.3 per cent
Muscat - Al Maghrib Today
Oman’s non-oil exports surged by 28.3 per cent to OMR1,827.2 million for the first seven months of 2017 from OMR1,424 million for the same period of last year.
A recovery in commodity prices since the beginning of the year seems to have aided an increase in export revenue, after a gap of almost two years.
The country witnessed a marked growth in export revenue from mineral products, chemicals, plastics, rubber and base metal products, according to the latest monthly statistics released by the National Centre for Statistics and Information (NCSI).
Among the non-oil product categories, exports of mineral products soared by 39.6 per cent to OMR514.6 million, while exports of chemical products was up by 39.6 per cent to OMR463.8 million during January-July period of 2017, over the same period of last year.
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