Oman’s non-oil exports rose by 8.6 per cent year on year in the first quarter of 2025, reaching 1.6 billion Omani rials ($4.2bn), according to newly released figures.
These exports now represent 28.6pc of the country’s total exports, which stood at 5.6bn rials during the same period, the Oman News Agency reported.
The growth reflects ongoing efforts to boost non-oil trade, support domestic industries, attract foreign investment, localise development initiatives, and offer incentives to the private sector.
This aligns with Oman Vision 2040, which aims to diversify the economy, reduce oil dependence, enhance industrial and logistics sectors, and strengthen overall financial stability.
Oman’s non-oil exports comprise a wide range of products, including industrial goods, metals, plastics, machinery, electrical equipment and chemicals.
According to the statement, the UAE remained the top importer of Omani non-oil products, with imports totalling 292 million rials in Q1 2025 – 18pc of total non-oil exports. Saudi Arabia followed with 259m rials, India ranked third at 172m rials, South Korea was fourth at 154m rials, and the US came fifth with 88m rials.
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