Iron Ore in Oman | The Observatory of Economic Complexity

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Exports In 2023, Oman exported $1.64B in Iron Ore, making it the 11th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 6th most exported product in Oman. The main destination of Iron Ore exports from Oman are: Egypt ($512M), Saudi Arabia ($416M), China ($273M), United Arab Emirates ($270M), and Qatar ($65.3M).

The fastest growing export markets for Iron Ore of Oman between 2022 and 2023 were China ($116M), Saudi Arabia ($86.5M), and Vietnam ($23.2M).

Imports In 2023, Oman imported $1.3B in Iron Ore, becoming the 11th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 4th most imported product in Oman. Oman imports Iron Ore primarily from: Brazil ($964M), Bahrain ($190M), India ($85.1M), Pakistan ($58.1M), and United Arab Emirates ($79.9k).

The fastest growing import markets in Iron Ore for Oman between 2022 and 2023 were India ($43.9M), Pakistan ($37.1M), and Brazil ($19.5M).

Dec 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2023)$1.64B

IMPORTS (2023)$1.3B

NET TRADE (2023)$343M

In 2023, Oman exported $1.64B in Iron Ore. The main destinations of Oman exports on Iron Ore were Egypt ($512M), Saudi Arabia ($416M), China ($273M), United Arab Emirates ($270M), and Qatar ($65.3M).

In 2023, Oman imported $1.3B in Iron Ore, mainly from Brazil ($964M), Bahrain ($190M), India ($85.1M), Pakistan ($58.1M), and United Arab Emirates ($79.9k).