Total value of non-oil exports hit RO2.6bn during January – October period of 2017 compared to RO2bn in the same period of the previous year, according to statistics released by the National Centre for Statistics and Information (NCSI).
Neighbouring GCC countries continued to remain most valuable markets for Oman’s non-oil exports, with figures showing exports to Qatar, Saudi Arabia and the UAE grew sharply in 2017.
The NCSI statistics showed that Oman’s exports to Qatar surged 142 per cent to RO151mn during January – October period of 2017 from RO62.4mn during the same period a year ago. Exports to the UAE, which continued to remain Oman’s biggest non-oil trading partner, rose 19.1 per cent to RO586mn, while exports to Saudi Arabia jumped 83.5 per cent to RO399.2mn.
The sultanate last year also managed to achieve substantial growth in non-oil shipments to India and China.