🇴🇲 Oman exports of reduced iron and sponge iron: 2024 trade data
Oman exported $791.1 million of reduced iron and sponge iron in 2024 (4.31 million tonnes). It ranks 2nd of 96 countries for exports of this product. Value rose 196% on 2023. Over 2017-2024 the trade grew strongly, by about 116% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $791.1M | 4.31M t |
| 2023 | $267.2M | 121.9K t |
| 2022 | $789.7M | 3.45M t |
| 2021 | $666.3M | 2.62M t |
| 2020 | $22.7M | 123.0K t |
| 2019 | $10.7M | 42.3K t |
| 2018 | $2.3M | 52.6K t |
| 2017 | $3.7M | 27.0K t |
Where Oman exports reduced iron and sponge iron to
One buyer market dominates: Saudi Arabia accounted for 98% of the value. Among the main buyer markets, Saudi Arabia grew fastest (+244% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇸🇦 Saudi Arabia | $771.8M | 98% |
| 🇮🇳 India | $12.1M | 1.5% |
| 🇵🇰 Pakistan | $6.9M | 0.9% |
| 🇮🇩 Indonesia | $259K | 0% |
| 🇸🇪 Sweden | $0K | 0% |
| 🇳🇱 Netherlands | $0K | 0% |
Product types under HS 7203
| 7203.10 | Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms | 100% |
| 7203.90 | Ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms | 0% |
Codes and full descriptions: HS heading 7203.
Average export price per kg
The average declared value was about $0.18 per kg, 40% below the world average of $0.30, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Imports in the other direction
Oman imported $2.4 million of reduced iron and sponge iron in 2024 (6.8 thousand tonnes). Bahrain alone supplied 93% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇧🇭 Bahrain | $2.3M | 93% |
| 🇨🇳 China | $165K | 6.8% |
| 🇮🇳 India | $1K | 0% |
Who is behind these numbers in Oman?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
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.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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 7203: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms.
Common questions
What is the value of reduced iron and sponge iron imported by Oman?
$2.4 million in 2024, or 6.8 thousand tonnes.
Where does Oman import reduced iron and sponge iron from?
The main supplier countries in 2024 were Bahrain (93%), China (7%), India (0%).
What is the average import price per kg?
The average declared import value was about $0.36 per kg in 2024, against a world average of $0.30 per kg.
Does Oman export reduced iron and sponge iron?
Yes, worth $791.1 million in 2024, mainly to Saudi Arabia, India, Pakistan.
What is the HS code for reduced iron and sponge iron?
HS heading 7203. The six-digit codes under it split the product by type; the full list is on the HS 7203 page.
How can I find the companies behind this trade?
These public statistics stop at country level. EximDataX builds Oman trade from the records of its trading partners, updated weekly, so you can see who ships it there.
Same product, other countries
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.