Categories: Economy

Oman’s Trade Balance Surplus Reaches New Heights: 2.6 Billion Riyals in March!

Oman’s Trade Balance Surplus by 2.6 Billion Riyals

The Sultanate of Oman’s trade balance reached a surplus of 2.6 billion Omani riyals by the end of March, up from 1.93 billion riyals in the same period last year. This positive trade balance is a good sign for Oman’s economy and reflects the country’s strong export performance, according to preliminary statistics from the National Center for Statistics and Information.

The increase in exports was primarily due to a rise in the value of the Sultanate’s oil and gas exports, which reached 3.72 billion riyals, a 3.1% increase from the previous year. Non-oil merchandise exports also saw a significant increase, rising by 44.9% to 2.33 billion riyals. Re-exports from the Sultanate also increased to 442 million riyals, a 26.8% increase from the previous year.

Meanwhile, profiles for users named catlyworld, kayakshere, and Fitnesslooser were found on various social media platforms and websites, suggesting that these individuals have interests in cats, kayaking, and fitness, respectively.

Samantha Johnson

As a passionate content writer at newschemical.com, my name is Samantha Johnson. With a background in journalism and a keen eye for storytelling, I craft compelling articles that captivate and inform our readers. From breaking news to in-depth features, I strive to deliver content that is not only engaging but also insightful. With a love for words and a dedication to accuracy, I work diligently to keep our audience informed and engaged with the latest stories and trends. Join me on this journey through the world of news and knowledge at newschemical.com.

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