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Export development and facilitation by Ociped. 2009. Agenda. Oman’s vision Ociped vision and mission Export development from Oman. Oman’s vision. Oman basic law article 11 The basis of national economy is justice and the principles of free economy. Ociped’s vision.
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Agenda • Oman’s vision • Ociped vision and mission • Export development from Oman
Oman’s vision Oman basic law article 11The basis of national economy is justice and the principles of free economy
Ociped’s vision Creation of wealth through investment promotion and export development
Ociped’s mission • Individuals right to choose in commercial transactions • Ability to voluntary exchange goods and services • Freedom to compete • Protection of personal, intellectual and property rights • Ability to access sound money
Role of Directorate General of Export Development • Develop export strategy for non-oil Omani products • Conduct market studies in target markets • Provide international trade information/market intelligence
Role of Directorate General of Export Development • Provide trade leads • Organize exhibitions and trade missions • Invite buyers and arrange matchmaking meetings • Coordinate with the public & private sectors on issues affecting international trade
Products of Export development department • Trade map • Product map • Trade secrets document • Generalized system of preferences (GSP) • I-match • Trade reports • Market studies
Export strategy for non-oil Omani products • Identify thrust products and target markets. • Find opportunities to leverage various trade pacts. • Fix export targets and monitor them. • Extend support services.
International trade information & market intelligence • Sultanate of Oman is the first country in the GCC and second in Arab states to establish Trademap in association with ITC. • Analyses potential trade. • Provides customs duty for over 5000 products in 180 countries.
International trade information & market intelligence • Sultanate of Oman is the first country in the GCC and Arab states to establish Productmap covering 72 sectors.
International trade information & market intelligence • Trade Secrets documentof Sultanate of Oman is a reference guide published in coordination with International Trade Center/Geneva providing a comprehensive overview of the export process for the benefit of SMEs. • 2nd edition of the Trade Secrets (Arabic & English edition) launched on 17th May 2006. 3rd edition under process.
International trade information & market intelligence The Generalized system of preferences (GSP) is a preferential tariff system providing advantages to developing countries by enabling qualifying products to enter markets of donor countries at reduced or totally eliminated rates of duty.
Trade leads • I-Match provides trade leads to Omani exporters. • Data strength: System has 165 exporters, more than 100,000 importers worldwide, around 1500 global organizations. • Auto email to exporters: Sends 10 importers details by email everyday to thrust products exporters during phase I. Phase II is under way to cover the remaining exporters.
Exhibitions and trade missions Participated in 16 international exhibitions and trade missions exhibitions which have helped to showcase Sultanate of Oman as the manufacturer of quality products.
Workshops and seminars Arranged 27 seminars and workshops which have helped Omani exporters to succeed in international markets.
Invite buyers and arrange matchmaking meetings • Many exporters have derived benefits out of these matchmaking meetings. • Matchmaking software has been installed to help Omani exporters find the importers for their products.
Trade reports • Trade reports analyses the two way trade scenario between Oman and its trading partners and identifies potential export products based on imports done by them. • An average of 4 trade reports per month are prepared.
Results The value of non-oil Omani origin exports touched RO. 1963 million during 2008 as against RO. 1291 million during 2007 registering a growth rate of 52%. CAGR =22 % RO in Million Year
Target for non-oil Omani origin exports 2010 CAGR = 4 % RO in Million 2008 2010 CAGR: Compounded Annual Growth Rate
Thank you Ociped P.O. Box 25 Wadi Kabir Postal code 117 Sultanate of Oman Tel: +968-24812344 Fax: +968-24810890 www.ociped.com Export inquiries : export@ociped.com Updated date 23rd August 2009