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
 May 25 2015 - Syria: Opposition forces kill 15 Assad regime soldiersThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Syrian opposition forces have killed 15 regime troops in operations in Aleppo, in northern Syria, the opposition said.The spokesman of what is referred to as ...

 May 25 2015 - Jordan calls for 'serious' Palestinian-Israeli talksThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Jordan called on Sunday for launching "serious" and "effective" negotiations between the Palestinians and the Israelis.Foreign Minister Nasser Judeh said the ...

 May 25 2015 - Libya pro-Brotherhood figures to attend Cairo meetingThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Some pro-Muslim Brotherhood figures from Libya will attend a Libyan tribal leaders' meeting scheduled to start in Cairo on Monday, an Egyptian newspaper ...

 May 25 2015 - Kuwaiti Singer Al-Rowaished HonoredArab Times
(MENAFN - Arab Times) Minister of Information and Minister of State for Youth Affairs Sheikh Salman Sabah Al-Salem Al-Humoud Al-Sabah honored Sunday singer Abdullah Al- Rowaished for acquiring an ...

 May 25 2015 - General Assembly Members Of Qadisiya Club Honors Team For Winning Amir CupArab Times
(MENAFN - Arab Times) General Assembly members of Qadisiya Club Saoud Abdul Aziz Al-Babtain and Mohammad Abdul Aziz Al-Babtain organized a ceremony in honor of the number one football team in ...

 May 25 2015 - ALARGAN Posts KD 4.7mn Net Profit In 2014Arab Times
(MENAFN - Arab Times) ALARGAN International Real Estate Company held its ordinary General Assembly meeting on May 24, 2015, with an attendance level that reached 94.51 %. During the meeting, the ...

 May 25 2015 - KSE Kicks Off Week With 21.18 Pts DropArab Times
(MENAFN - Arab Times) Kuwait stocks pulled lower on Sunday after ending the previous week on dull note. The main index dropped 21.18 pts in lackluster trade to close at 631.09 pts as sentiment ...

 May 25 2015 - Kuwait Govt Woos Investors With Lucrative Business EnvironmentArab Times
(MENAFN - Arab Times) Kuwait has a lucrative business environment for foreign investors to ultimately see economic and human development, thus honoring His Highness the Amir Sheikh Sabah Al-Ahmad ...

 May 25 2015 - Jordan- Govts Need To Invest More In Infrastructure: AlghanimArab Times
(MENAFN - Arab Times) Bring more Arab women into the workforce, invest in "bite-sized" infrastructure projects and get the private sector more involved in training young job seekers - these are the ...

 May 25 2015 - Shabaab Fighting In Somalia Kills 24 PeopleArab Times
(MENAFN - Arab Times) Fighting in south Somalia between al Shabaab militants and government forces killed at least 24 people, while a rebel attack in the capital killed three Transport Ministry ...

more...


 






Google

Click to Apply

 
 

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