Oman had a total export of 41,760,976.16 in thousands of US$ and total imports of 25,770,092.49 in thousands of US$ leading to a positive trade balance of 15,990,883.67 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Oman is 1.73% and the Most Favored Nation (MFN) Weighted Average tariff is 4.43%.The trade growth is 17.60% compared to a world growth of 3.50%. The E-commerce market in Oman accounts to only 1% of total sales. It is still a nascent market and have ample opportunities to grow in future. On the other hand, global e-commerce market is about to reach US$ 2 trillion by 2020 and have a share of 7.8% of all sales. Hamdan Trading Group . Hamdan Trading Group is part of one of the largest corporate conglomerates from the Sultanate of Oman the Hamdan Group. The group commenced its business operations in the year 1975 and has mirrored the growth of the Sultanate of Oman and contributed significantly to the Omani economy. Oman has a relatively healthy economic and financial situation. Its government debt (estimated at 38.9% in 2019) is small compared to its gold and foreign currency reserves, although is expected to grow in the coming years. Oman’s first FTZ in Salalah became operational in 2005. It consists of three major projects – Octal Petrochemicals, Salalah Methanol and Dunes Oman – along with a smaller project from Sapphire
The E-commerce market in Oman accounts to only 1% of total sales. It is still a nascent market and have ample opportunities to grow in future. On the other hand, global e-commerce market is about to reach US$ 2 trillion by 2020 and have a share of 7.8% of all sales.
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Jun 01, 2017 · Automated Forex Winning 5,000 Pips/mo, Get Free Access https://goo.gl/YP1JpD Oman GDP is growing and people income is rising to above $46,000 per person. This is clear indicator of their growing Mar 31, 2020 · Oman Trading Establishment LLC (OTE), Oman - Company Information. Get up-to-date business information, contact details, latest news and press releases and people contacts on ZAWYA MENA Edition Oman recorded a trade surplus of 465.20 OMR Million in December of 2019. Balance of Trade in Oman averaged 482.65 OMR Million from 1982 until 2019, reaching an all time high of 2379 OMR Million in June of 2000 and a record low of -117.60 OMR Million in June of 1998. This page provides - Oman Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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