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 1 2015 - Saudi Sidra-Ancile finance assets exceeds USD66.61mMENAFN
(MENAFN) The Sidra-Ancile Global Structured Trade Investment, under Saudi-Swiss co-management, exceeded USD66.61 million in its assets under management to become the leading Islamic Trade Structured ...

 Apr 1 2015 - Saudi- Wedding designers impress with innovative strategiesArab News
(MENAFN - Arab News) Wedding is one of the most important events in a person's life. It is the time when the air is filled with nothing but happiness and love. For the woman the wedding day is ...

 Mar 31 2015 - Saudi- Arciaga strikes again to become first OFBC Monthly tilt backtoback championArab News
(MENAFN - Arab News) Call it beginner's luck but rookie Eli Arciaga became the first back-to-back champion by winning the OFBC Monthly Tournament for March at Ice Land Bowling Center. Arciaga's ...

 Mar 31 2015 - Saudi- Zain KSA continues to offer free unlimited onnet callsArab News
(MENAFN - Arab News) Due to the great demand Zain KSA continued its offer for all new and existing customers which enable them to enjoy unlimited calls from Zain to Zain for free. This special ...

 Mar 31 2015 - Saudi- Philips AMECO enter into 6year partnershipArab News
(MENAFN - Arab News) Philips Healthcare Saudi Arabia Monday announced signing a 6-year partnership with Associated Medical Enterprise Company (AMECO) to improve the delivery of care and patient ...

 Mar 31 2015 - Saudi- 'You can feel peace in the Prophet's Mosque'Arab News
(MENAFN - Arab News) Tunisian pilgrim Lutfi Al-Marzouki is very happy to be in the Kingdom. 'I first landed in Jeddah and went to Makkah to perform Umrah' he said. 'And then I went to the holy city ...

 Mar 31 2015 - Saudi- Butanol plant to start trial operations in Q3Arab News
(MENAFN - Arab News) ALKHOBAR: Saudi Butanol Co. a joint venture of local petrochemicals firms is expected to start trial operations at its plant in Jubail in the third quarter of 2015 one of the ...

 Mar 31 2015 - Saudi- Rules for opening Tadawul to foreigners expected by endAprilArab News
(MENAFN - Arab News) JEDDAH: Saudi Arabia's market regulator will publish the final rules governing the opening of the Kingdom's stock exchange to direct foreign investors by the end of April a ...

 Mar 31 2015 - Saudi- Portugal opens hasslefree system for issuance of visasArab News
(MENAFN - Arab News) 'Portugal welcomes everybody including foreigners staying in the Kingdom without any discrimination' said Portugal's Ambassador to Saudi Arabia Dr. Manuel Carvalho while ...

 Mar 31 2015 - Saudi- Philippines to deal only with licensed recruitment officesArab News
(MENAFN - Arab News) The Philippine government is considering dealing with official recruitment companies and offices approved by the Ministry of Labor rather than individuals as is currently the ...

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