Iran traded $736.63 million worth of non-oil goods with Oman during the last Iranian year (ended March 20, 2018), marking a 13.63% rise compared to the year before, making the Arab country Iran’s 22nd biggest trading partner.
As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 1.74 million tons of commodities worth $520.71 million to Oman last year, posting a 24.46% growth and a 4.28% decline in tonnage and value respectively year-on-year.
The exports mainly included direct reduced iron, semi-finished metal, steel products, low-density oils and related products. Oman exported 256,936 tons of goods worth $215.92 million to Iran during the period, up 186% and 107.06% in tonnage and value respectively YOY.
Iran mainly imported benzene, pharmaceutical supplements and vehicles from Oman last year.
