Economy
Trade Exchange Between Oman & KSA Exceed RO1.014B

The volume of trade exchange between the Sultanate of Oman and the Kingdom of Saudi Arabia reached RO 1,014,494,718 by the end of June 2024, according to the data issued by the National Centre for Statistics and Information (NCSI).
Metal products constituted the largest value of Omani exports to the KSA with a value of RO 160,547,747. This was followed by minerals and related products with a value of RO 95,036,061. Moreover, machinery, digital devices and electric equipment and their parts came next with a value of RO 33,592,718.

On the other hand, metal products also constituted the largest value of imports from the Kingdom of Saudi Arabia to the Sultanate (RO 284,941,374), followed by chemicals and related industries with a value of RO 137,967,829. The products of food industry, drinks, alcohols, vinegar, tobacco and synthetic alternatives to tobacco reached RO 38,882,937.
Direct Saudi investment in the Sultanate of Oman reached RO 121.1 million, comprising a rise from RO 80.6 million by the end of 2021 (50.2%).
Omani direct investment in Saudi Arabia reached RO 129.1 million by the end of 2022.
-
Economy2 months ago
Here’s Everything You Need to Know About Oman’s State General Budget for 2025
-
Automotive3 weeks ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
OER Magazines1 month ago
OER, January 2025
-
News2 weeks ago
Offer Price, Overview, Investors: Here’s Everything You Need to Know About Asyad Shipping’s Mega IPO
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, January 2025
-
Banking & Finance1 month ago
Ishraq Waqf Investment Fund Announces Extension of IPO Subscription Deadline
-
Energy2 weeks ago
Dubai Supreme Council of Energy Unveils 5th Emirates Energy Award 2023–2025 in Muscat
-
Banking & Finance2 months ago
Bank Muscat’s 2024 Net Profit Grows To RO225.58Mn
You must be logged in to post a comment Login