Iron ore pellets exports from Oman: data, top buyers and prices
In 2024, Oman exported iron ore pellets worth $1.25 billion (8.43 million tonnes). That makes it the 6th largest exporter of this product worldwide, out of 89 countries. Value fell 20% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $2.11 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.25B | 8.43M t |
| 2023 | $1.57B | 11.00M t |
| 2022 | $2.11B | 10.68M t |
| 2021 | $1.03B | 3.89M t |
| 2020 | $741.7M | 5.08M t |
| 2019 | $683.7M | 4.03M t |
| 2018 | $858.5M | 6.35M t |
| 2017 | $933.1M | 8.09M t |
Where Oman exports iron ore pellets to
One buyer market dominates: China accounted for 54% of the value. Among the main buyer markets, China grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| China | $676.3M | 54% |
| Egypt | $356.2M | 28% |
| Saudi Arabia | $144.8M | 12% |
| Qatar | $63.8M | 5.1% |
| India | $7.9M | 0.6% |
| Indonesia | $2.9M | 0.2% |
| France | $428K | 0% |
| Bahrain | $29K | 0% |
Average export price per kg
The average declared value was about $0.15 per kg, 25% above the world average of $0.12. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Iron ore pellets imports to Oman
Imports of iron ore pellets by Oman reached $78.0 million in 2024 (436.4 thousand tonnes). Bahrain alone supplied 100% of it.
| Supplier country | Value | Share |
|---|---|---|
| Bahrain | $78.0M | 100% |
Who is behind these numbers in Oman?
The shipment records behind Oman iron ore pellets exports (HS 2601.12): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2601.12: Iron ores and concentrates: agglomerated (excluding roasted iron pyrites).
Common questions
What is the value of iron ore pellets exported by Oman?
Oman exported iron ore pellets worth $1.25 billion in 2024, the latest year with complete public data, about 8.43 million tonnes. That ranks it 6th of 89 countries worldwide, with 8% of world exports. The value was down 20% on 2023.
Which countries buy iron ore pellets from Oman?
China was the largest buyer with 54% of the value ($676.3 million), followed by Egypt (28%) and Saudi Arabia (12%). The top three together account for 94%, out of 8 buyer countries in total. India grew fastest among the top ten, up 952% on the year.
What is the average export price of iron ore pellets per kg?
The average declared export value was about $0.15 per kg in 2024, 25% above the world average of $0.12 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of iron ore pellets from Oman changed since 2017?
Exports went from $933.1 million in 2017 to $1.25 billion in 2024, an increase of 34%. The peak was 2022 at $2.11 billion. Over 8 years the average was $1.15 billion a year.
Does Oman also import iron ore pellets?
Yes. Oman imported $78.0 million worth of this product in 2024, mainly from Bahrain. On balance Oman is a net exporter of this product, by about $1.17 billion a year.
What is the HS code for iron ore pellets?
The HS code for iron ore pellets is subheading 2601.12. It sits in HS chapter 26 (ores, slag and ash). The full list of codes and descriptions is on the HS 2601 page.
How can I find the companies behind this trade?
For Oman, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
More trade data for Oman
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.