Oman trade surpass despite fall in export income
Date
12/6/2015 5:24:11 AM
(MENAFN) Oman's trade balance throughout the Jan-July period of this year, recorded a surplus of USD 4,092mn, despite the decline of 31.7 percent in exports.
Moreover, merchandise exports, which include oil and gas, non-oil exports and re-exports recorded a decline of 40 percent, 7.1 per cent and 22.9 per cent.
However; merchandise imports, posted a decrease of 0.7 percent through the period to USD 16.76mn, against USD 16.89mn a year earlier.
Additionally, oil and gas exports suffered a 40 percent fall to USD 12.34mn, compared with USD 20.59mn during the cited period a year earlier.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.