Iran’s three-month exports to Oman up 40% YOY
Iran’s export of non-oil products to Oman has registered a 40% year-on-year growth in the three calendar months to June 20, according to a senior official with the country’s Trade Promotion Organization (TPO).
Abdolamir Rabihavi, the director general of TPO West Asia Department, noted that $392 million worth of non-oil goods were exported from Iran to Oman between March 21 and June 20, 2024, showing a 40% increase as compared to the last year’s corresponding period.
Oil bitumen, iron ingot, urea, compressed iron ore, ferrous products, sponge iron and greenhouse tomatoes were the main products exported from Iran to the Sultanate in the timespan, the official added.
Iran imported $104 million worth of products from Oman in the first quarter of the current Iranian calendar year, showing a major decrease compared to the same period of last year when the figure stood at $198 million.