Low carbon rectangular steel bloom exports from Oman: data, top buyers and prices
In 2024, Oman exported low carbon rectangular steel bloom worth $611.8 million (1.21 million tonnes). It ranks 6th of 69 countries for exports of this product. Value fell 37% from 2023. Over 2017-2024 the trade grew strongly, by about 173% a year on average. The peak in this period was 2023, at $965.3 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $611.8M | 1.21M t |
| 2023 | $965.3M | 1.85M t |
| 2022 | $914.0M | 1.34M t |
| 2021 | $474.0M | 700.5K t |
| 2020 | $92.3M | 211.9K t |
| 2019 | $65.7M | 163.5K t |
| 2018 | $56.3M | 106.5K t |
| 2017 | $536K | 497 t |
Where Oman exports low carbon rectangular steel bloom to
Most of it went to Indonesia (45%), Thailand (29%), Malaysia (13%). Among the main buyer markets, Turkey grew fastest (+554% on the year before).
| Destination | Value | Share |
|---|---|---|
| Indonesia | $277.3M | 45% |
| Thailand | $174.8M | 29% |
| Malaysia | $80.6M | 13% |
| Turkey | $63.7M | 10% |
| China | $15.3M | 2.5% |
Average export price per kg
The average declared value was about $0.51 per kg, close to the world average of $0.57.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Oman?
The shipment records behind Oman low carbon rectangular steel bloom exports (HS 7207.12): companies, dates, quantities and declared values.
Shipment records are in the platform
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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 7207.12: Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other than square) cross-section.
Common questions
What is the value of low carbon rectangular steel bloom exported by Oman?
Oman exported low carbon rectangular steel bloom worth $611.8 million in 2024, the latest year with complete public data, about 1.21 million tonnes. That ranks it 6th of 69 countries worldwide, with 4% of world exports. The value was down 37% on 2023.
Which countries buy low carbon rectangular steel bloom from Oman?
Indonesia was the largest buyer with 45% of the value ($277.3 million), followed by Thailand (29%) and Malaysia (13%). The top three together account for 87%, out of 5 buyer countries in total. Turkey grew fastest among the top ten, up 554% on the year.
What is the average export price of low carbon rectangular steel bloom per kg?
The average declared export value was about $0.51 per kg in 2024, 11% below the world average of $0.57 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of low carbon rectangular steel bloom from Oman changed since 2017?
Exports went from $536 thousand in 2017 to $611.8 million in 2024. The peak was 2023 at $965.3 million. Over 8 years the average was $397.5 million a year.
What is the HS code for low carbon rectangular steel bloom?
The HS code for low carbon rectangular steel bloom is subheading 7207.12. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7207 page.
How can I find the companies behind this trade?
EximDataX rebuilds Oman trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World low carbon rectangular steel bloom trade: top importers and exporters
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