Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Omani exports decline 10.5 per cent  Join our daily free Newsletter

MENAFN - Muscat Daily - 02/07/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) The total value of Omani exports including oil and gas products recorded a decline of 10.5 per cent from January to the end of February this year. The exports fell from RO3.8bn during the same period last year to RO3.4bn this year. 


A National Center for Statistics and Information (NCSI) report attributed the decline to a fall in oil and gas exports, bringing RO2.2bn in revenue till the end of February compared to RO2.4bn for the same period in 2013.


The total value of re-exports also declined by 39.7 per cent to RO479.1mn till the end of February this year against RO795mn by the end of February 2013.


In the exports category, only non-oil exports recorded a growth “ 23.9 per cent, totaling RO694.9mn compared to RO560.7mn last year. This growth is due to increase in mineral product exports (47.9 per cent), rising from RO176mn by the end of February 2013 to RO260.3mn during the same period in this year.


Chemical products also contributed, increasing 22.4 per cent from RO105.6mn till February 2013 end to RO129.3mn this year. There was a 10.7 per cent decline in the value of merchandise imports through sea, land and air. The total volume of merchandise imports by weight also registered a drop of 28.4 per cent by the end of February 2014 totalling 3.2mn tonnes versus 4.5mn tonnes by the end of February 2013. The total value of merchandise imports arriving via sea declined by the end of February this year to RO1.2bn compared to RO1.5bn during the same period in 2013, representing a 22.4 per cent fall. Meanwhile, by volume, imports by sea declined by 24 per cent to 1.8mn tonnes compared to 2.4mn tonnes from January to February in 2013.


The value of merchandise imports arriving via land outlets grew by 39.3 per cent, recording RO523mn by the end of February 2014 compared to RO375.4mn during the same period in 2013, although the volume by weight declined by 33.2 per cent, dropping from 2.2mn tonnes by the end of February 2013 to 1.4mn tonnes during the same period in 2014.


During the same period the total value of merchandise imports arriving via air declined by 16.7 per cent, recording RO136.6mn compared with RO164mn by the end of February 2013.


The volume of air imports by weight recorded a drop of 41.5 per cent, with 7,300 tonnes recorded by the end of February 2014, compared with 12,400 tonnes during the same period in 2013.

 


Muscat Daily




  MENA News Headlines
 Jul 6 2015 - Accidental bombing kills seven in BaghdadKhaleej Times
(MENAFN - Khaleej Times) At least seven people were killed on Monday when a warplane mistakenly dropped a bomb on a residential area in Iraq's capital Baghdad, police said.The Iraqi plane dropped the ...

 Jul 6 2015 - Jordan says it has foiled Iran-backed bomb attackKhaleej Times
(MENAFN - Khaleej Times) Jordanian authorities have foiled a "terrorist" attack and arrested an Iraqi man in possession of explosives said to have come from Iran's Revolutionary Guards, a judicial ...

 Jul 6 2015 - UAE- Engineer booked for molesting 2 cleanersKhaleej Times
(MENAFN - Khaleej Times) An engineer faced two counts of molestation for allegedly sexually harassing two female cleaners at his place on March 12.The 23-year-old Egyptian's behaviour took the women ...

 Jul 6 2015 - Dubai-based health care group to rebuild 500 houses in NepalKhaleej Times
(MENAFN - Khaleej Times) The charitable arm of one of the leading health care groups in the UAE, Aster DM Foundation, has donated Dh1.4million to rebuild 500 houses in the quake-hit Nepal.Dr Azad ...

 Jul 6 2015 - UAE's electoral base for FNC polls gets 66% widerKhaleej Times
(MENAFN - Khaleej Times) The National Election Committee (NEC) during its 12th meeting, held in Abu Dhabi on Sunday, has adopted the electoral college for the Federal National Council (FNC) Elections ...

 Jul 6 2015 - UAE- Three face attempted murder charges over road rage, sword attackKhaleej Times
(MENAFN - Khaleej Times) Three Emiratis stood trial in a Dubai court over an alleged case of road rage that ended in a sword attack.Two jobless men, and an accomplice who is still at large, faced ...

 Jul 6 2015 - UAE- Dana Gas at 7-month high after Kurdish ruling boostKhaleej Times
(MENAFN - Khaleej Times) Dana Gas shares jumped on Sunday to the highest level in seven months following a favourable court ruling in an arbitration case in London.The Abu Dhabi-listed firm's stock ...

 Jul 6 2015 - Tourism Authority of Thailand launches mobile app for Muslim visitorsKhaleej Times
(MENAFN - Khaleej Times) The Tourism Authority of Thailand, or TAT, has launched its first smartphone application designed specifically to make it easier for the growing number of Muslim visitors to ...

 Jul 6 2015 - UAE- Cityscape Global sees 30 per cent growth in exhibition spaceKhaleej Times
(MENAFN - Khaleej Times) The continued confidence in Dubai's maturing real estate market has been underlined by a 30 per cent increase in exhibitors at the Middle East's largest property showcase, ...

 Jul 6 2015 - GCC mobile market to grow 29% by 2019Khaleej Times
(MENAFN - Khaleej Times) Dubai: The GCC's mobile connected devices market is expected to increase by around 29 per cent to 45 million units by 2019 compared to 35 million units in 2015, according to ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help