(MENAFN- Muscat Daily) The total value of Oman's exports - including oil non-oil and re-exports - fell 9.6 per cent to RO10bn during the first half of 2014 against RO11bn in the same period last year.
The decline was mainly due to the drop in value of oil and gas exports which slipped 9.7 per cent to RO6.6bn from RO7.3bn a year ago trade statistics released by the National Centre for Statistics and Information (NCSI) showed.
Re-exports fell by 20.8 per cent to RO1.5bn from RO1.9bn. Non-oil exports however grew by 3.3 per cent to RO1.85bn from RO1.79bn.
Growth in non-oil exports was attributed to mineral product exports which grew by 4.6 per cent to RO534mn while exports of plastic and rubber products also made a major contribution increasing 34.3 per cent year-on-year to RO175mn in the first half of this year.
According to NCSI data total imports declined by 13.6 per cent in the first six months to RO5.58bn compared with RO6.46bn during the same period in 2013.
Total volume of imports by weight also registered a drop of 17.2 per cent to 11.2mn tonnes against 13.5mn tonnes at the end of June 2013.
Imports through sea outlets declined by 21.6 per cent to RO3.58bn from RO4.57bn while in terms of volumes imports by sea declined 17.6 per cent to 6.78mn tonnes.
The value of imports arriving via land grew 19.7 per cent to RO1.57bn compared with RO1.31bn last year while volumes declined by 16.2 per cent to 4.4mn tonnes over the same period.
Total imports by air declined by 25.8 per cent to RO426mn from RO574mn. Volume of imports via air recorded of a sharp drop of 51.1 per cent to 23800 tonnes.
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