Oman’s non-oil exports to UAE jump by a quarter

Oman’s non-oil exports to the UAE in 2025 increased 25 percent year on year to OMR1.3 billion ($3.4 billion), the state-run Oman News Agency reported, quoting the National Centre for Statistics and Information.

The UAE also accounted for 35 percent of total re-export trade valued at OMR724 million, up 27 percent year on year. Imports from the UAE increased by 5.4 percent annually to OMR4.1 billion.

Oman’s exports to Saudi Arabia surged by 30 percent annually to OMR1.1 billion, while exports to India increased by 6 percent year on year to OMR700 million. 

Oman and India signed a long-delayed Cepa in December to boost trade between the two nations.

In contrast, non-oil exports to South Korea and the US declined by 26 percent and 13 percent, respectively.

US president Donald Trump imposed a 10 percent tariff on the six-nation GCC bloc of Oman, the UAE, Saudi Arabia, Kuwait, Bahrain and Qatar in April 2025.

Further reading:

• Gulf faces renewed trade uncertainty from US tariff chaos
• Oman turns to finance to ease fiscal pressures
• Oman’s trade surplus remains but narrows by 36%

Overall, Oman’s non-oil exports grew by 8 percent to OMR6.7 billion in 2025, compared with OMR6.2 billion in 2024.

Despite growth in non-oil exports, total foreign trade fell 3 percent to OMR40.4 billion last year from OMR41.7 billion in 2024, due to lower oil revenues. 

Oil export earnings declined 15 percent year on year to OMR14.5 billion, as the average price of Omani crude fell to $71 per barrel from $80.8 per barrel a year earlier, the report said.