Oman's exports overachieve in 2013

Oman's exports overachieve in 2013
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Published March 26th, 2014 - 09:55 GMT via SyndiGate.info

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The total value of exports last year touched RO21.7bn, compared with RO20.05bn in 2012
The total value of exports last year touched RO21.7bn, compared with RO20.05bn in 2012

The total value of exports from the sultanate increased by 8.2 per cent in 2013 from a year ago, according to recent statistics issued by the National Center for Statistics and Information (NCSI). The total value of exports last year touched RO21.7bn, compared with RO20.05bn in 2012.

Oil and gas exports rose 2.7 per cent to RO14.35bn from RO13.97bn. Oman's non-oil exports posted a growth of 5.9 per cent and reached RO3.81bn at the end of 2013, compared with RO3.59bn registered in 2012. Re-exports increased significantly, by 42.4 per cent, to be valued at RO3.54bn in 2013, against RO2.49bn in 2012.

The total value of the country's imports in 2013 stood at RO13.20bn, compared with RO10.81bn at the end of 2012, reflecting an annual growth of 22.1 per cent. The growth of total imports by custom outlets (sea, land, air) in terms of weight increased by 66.5 per cent.

According to the NCSI, imports through ports recorded a growth of 82.3 per cent in 2013 in terms of weight.

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