Oman's trade surplus hit RO 7.14 billion by Nov 2024, driven by a surge in oil and gas exports.

Oman's trade surplus rose to RO 7.14 billion by November 2024, up from RO 6.99 billion in 2023. Oil and gas exports surged 19.7%, totaling RO 14.99 billion, while non-oil exports fell by 16.6%. Total imports increased by 10.6% to RO 15.09 billion, with the UAE as Oman's top trading partner. By December, Oman's oil exports reached 308.42 million barrels, with China as the main buyer.

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