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
 Apr 20 2015 - Under the radar: The up and coming Egyptian fashion industryDaily News Egypt
(MENAFN - Daily News Egypt) Several mannequins stand in a wide white room, representing the dreams of Egypt's upcoming talents. MSA's Career Gate is one of Egypt's most famous educational ...

 Apr 20 2015 - Emaar Misr registers EGP 172.7m in Q1 net profitsDaily News Egypt
(MENAFN - Daily News Egypt) The Egyptian arm of UAE real estate developer Emaar Misr has registered a 462% increase in profits in the first quarter (Q1) of 2015, the company announced on Sunday.Net ...

 Apr 20 2015 - HSCB launches EGP300m growth fund for SMEsDaily News Egypt
(MENAFN - Daily News Egypt) HSBC announced the launch of its second international growth fund in Egypt with a total EGP 300m for "Egypt's international and internationally aspirant" small and medium ...

 Apr 20 2015 - 300,000 tonnes of wheat to arrive in JuneDaily News Egypt
(MENAFN - Daily News Egypt) Egypt is set to import 300,000 tonnes of Russian, Romanian and French wheat at an average price of approximately $221 per tonne, the General Authority for Supply ...

 Apr 20 2015 - Sun City to be established by coalition of foreign, Arab companies: AGI ChairmanDaily News Egypt
(MENAFN - Daily News EgyptArabia Group for Investment (AGI) is still negotiating with the Ministry of Housing and Urban Communities regarding the establishment of the Sun City compound in 6th of ...

 Apr 20 2015 - Hygiene vouchers distributed to Syrian refugeesJordan News Agency
(MENAFN - Jordan News Agency) Jordan's Red Crescent Society, with the support of the German Red Cross, handed out hygiene coupons on Sunday for some 436 Syrian refugee families and a local community ...

 Apr 20 2015 - 109 new Syrian refugees cross to JordanJordan News Agency
(MENAFN - Jordan News Agency) Border Guards received a total of 109 new Syrian refugees from various age groups, who crossed the frontier in the past 72 hours.The guards provided the refugees with ...

 Apr 20 2015 - Sanmar India pumps $350m new investments in EgyptDaily News Egypt
(MENAFN - Daily News Egypt) Egypt's Ambassador to India Hatem Tag El-Din met with Sanmar Group Vice-President and Head of the Egyptian-Indian Business Council's Indian arm, Vijay Sankar, said a ...

 Apr 20 2015 - Egypt- Former PM Nazif's graft charge retrial postponed to MayDaily News Egypt
(MENAFN - Daily News Egypt) The Cairo Criminal Court postponed Saturday the retrial of former Prime Minister Ahmed Nazif to 17 May.Nazif had been on trial on graft charges dating back to his ...

 Apr 20 2015 - US special envoy for countering IS discusses with Shoukry developments in IraqDaily News Egypt
(MENAFN - Daily News Egypt) Egypt's Foreign Minister Sameh Shoukry met Sunday the US special presidential envoy for the Global Coalition to Counter IS John Allen, discussing the cooperation within ...

more...


 






Google

Internatinal Property Show

 
 

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