Oman non-oil and gas exports hit record $18bn in 2025

Rapid industrial zone expansion helped Oman’s non-oil and gas exports rise to a record OR7 billion ($18 billion) in 2025, its undersecretary of ministry of commerce, industry and investment promotion said.

Speaking at the Oman Industry Day seminar, Ghalib Al Maamary said this was an 11 percent year-on-year increase.

Oman exported goods to more than 80 countries in 2025, he added.

Foreign investments into Oman over the year were valued at OR3.5 billion ($9 billion), up about a quarter since the previous year, mainly due to projects set up in the free zones and industrial areas. 

The UK, US, China and the GCC countries were the top investors.  

Oman foreign direct investment

In 2025 Oman signed a number of investment contracts with international companies in its economic free zones, ranging from renewable energy, chemicals, logistics, pharmaceuticals and mining minerals as part of its diversification process.

The country produces about one million barrels of crude oil per day, which make up about 70 percent of the government revenues. 

However it expects its oil reserves, currently at about 5 billion barrels, to be severely depleted by 2060. 

Further reading:

• Oman’s economy in numbers
• Oman GDP rises on growing non-oil revenues
• Oman’s trade surplus remains but narrows by 36%