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FINANCIAL NEWS
Oman’s non-oil exports fall at USD 7.76mn
10 Apr 2016
(MENAFN) Oman’s non-oil exports dropped 27.2 percent to USD 7.76mn last year from USD 10.67mn in the previous year.
The main reason for the fall in exports revenue last year was the fall in commodity prices, while mineral exports plunged by 54.4 percent.
In addition, the Sultanate also viewed a marked fall in export income from chemical, plastics, rubber and base metal products.
Whole exports also showed a 34.7 percent drop to USD 34.54bn in 2015 from USD 52.94bn in the previous year.
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