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Who buys Oman’s iron ore? Export destinations 2024

In 2024, Oman exported $1.8 billion of iron ore (13.2 million tonnes), 1.1% of the world total. China bought 61% of the total, followed by Egypt (20%) and Saudi Arabia (8%). Oman was the world’s 9th-largest exporter of iron ore.

Summary

Value
$1.8billion
Tonnes
13.2million tonnes
Share of world total
1.1%
World rank
9th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 10 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.1Tonnes: 8,737,307USD per tonne: $12460.7%Sea
Egypt0.36Tonnes: 2,194,230USD per tonne: $16220%Sea
Saudi Arabia0.14Tonnes: 766,529USD per tonne: $1898.1%Sea
India0.13Tonnes: 1,124,766USD per tonne: $1127.1%Sea
Qatar0.06Tonnes: 355,496USD per tonne: $1793.6%Sea
Indonesia< 0.01Tonnes: 40,600USD per tonne: $1060.24%Sea
Malaysia< 0.01Tonnes: 26,000USD per tonne: $1080.16%Sea
France< 0.01Tonnes: —USD per tonne: —0.02%Sea
Bahrain< 0.01Tonnes: 312USD per tonne: $930%Sea
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $1110%Sea

Trend

Who it sells to

China has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • China 1.1
  • Egypt 0.36
  • Saudi Arabia 0.14
  • India 0.13
  • Qatar 0.06

Source: CEPII BACI

Show the numbers
Partner19952024
China01.1
Egypt00.36
Saudi Arabia00.14
India00.13
Qatar00.06

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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