(MENAFN) Official data showed that Oman's total exports declined in the first four months of the current year, dropping 32.9 percent to USD11.71 billion from USD17.48 billion a year ago.
The fall in export revenue was mainly on a plunge in oil and gas prices. The average price of Oman Crude dipped by 43.7 percent to USD59.3 a barrel in the first half from USD105.38 a barrel in 2014.
Exports of crude oil, petroleum products and liquefied natural gas plunged by 36.5 percent to USD7.32 billion in the four-month period from USD11.53 billion in the same period last year.
Likewise, non-oil exports plunged by 20 percent to USD2.58 billion from USD3.25 billion, according to the latest monthly report released by National Centre for Statistics and Information (NCSI).
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