Oman posts 31% increase in health sector exports

Oman posts 31% increase in health sector exports

Oman’s export in the health sector increased 31% since 2018, posting a total value of export to the tune of RO37mnMuscat – Oman’s export in the health sector increased 31% since 2018, posting a total value of export to the tune of RO37mn.

The country’s import for the health sector also showed an increasing trend since 2018, as the data confirmed a rise in the total volume of transactions till the end of 2022.

According to a report released by the National Centre for Statistics and Information (NCSI), Oman’s exports of various items used in the healthcare system touched RO37,859,552 in 2022, while the value of imports rose to 287,078,165 – registering an increase of 21% since 2018.

Oman’s re-export volume increased by 42% since 2018; currently standing at RO8,631,049 in monetary value.

Thus total value of transactions in the health sector in 2022 went well over RO1bn.

‘The value at current prices for the total health activity between 2018 and 2022 in the Sultanate of Oman increased by 31%, recording RO1,122,400,000 till the end of 2022, while the worth of the total production in the sector till the end of 2022 amounted to about RO1,450,800,000, constituting 2.7% of the sultanate’s GDP’, NCSI reported.

Oman’s expenditure