Non-Oil Trade Balance of Iran-Oman Rise $390mln in 9 Months

The non-oil trade between Iran and Oman during the first nine months of the current Iranian year (March 21-December 21. 2017) hit 1.33 million tons valued at $393 million. showing a 24 percent rise in weight. a senior official announced.

`More than 700.000 tons of iron and steel worth close to $200 million were exported to Oman. which accounted for more than half of Iran’s non-oil exports to Oman over the period.“ Iran`s Commercial Attaché to Oman Abbas Abdolkhani said.

He noted that other commodities exported to Oman included tar. copper cathode. petrochemical products. food. fruit. vegetable and construction material.

Oman is Iran’s 11th biggest export destination.

`A new shipping route was launched between Iran’s Khorramshahr Port and Oman’s Sohar Port on December 30. The route is expected to increase bilateral trade to $5 billion within next four years.“ chairman of Iran-Oman Chamber of Commerce Mohsen Zarrabi said.

Sohar Port is a deep-sea port located in Sohar. the capital and largest city of Al Batinah North Governorate midway between Dubai and Muscat.

Iran exported its first wheat consignment of 29.630 tons to Oman in June.

 

About core

Check Also

International Energy Agency to Open First Regional Office in Singapore

The International Energy Agency (IEA) will open its first regional office in Singapore, which will …

Leave a Reply

Your email address will not be published. Required fields are marked *