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Who buys Oman’s steel? Export destinations 2024

In 2024, Oman exported $2.1 billion of steel (3.8 million tonnes), 0.6% of the world total. Its main destinations were Indonesia (33%), Saudi Arabia (16%) and Thailand (9%). Oman was the world’s 31st-largest exporter of steel.

Summary

Value
$2.1billion
Tonnes
3.8million tonnes
Share of world total
0.6%
World rank
31st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Indonesia712Tonnes: 1,423,554USD per tonne: $50033.2%Sea
Saudi Arabia340Tonnes: 456,961USD per tonne: $74315.8%Sea
Thailand202Tonnes: 394,535USD per tonne: $5129.4%Sea
China161Tonnes: 375,541USD per tonne: $4297.5%Sea
Morocco109Tonnes: 189,190USD per tonne: $5785.1%Sea
Malaysia84.8Tonnes: 153,990USD per tonne: $5514%Sea
Turkey81.9Tonnes: 159,618USD per tonne: $5133.8%Sea
Dominican Republic68.8Tonnes: 109,341USD per tonne: $6303.2%Sea
Egypt53.6Tonnes: 18,898USD per tonne: $6772.5%Sea
Australia46.4Tonnes: 75,220USD per tonne: $6172.2%Sea
Kuwait36.8Tonnes: 60,558USD per tonne: $6081.7%Sea
United States32.5Tonnes: 58,724USD per tonne: $5531.5%Sea
Colombia30.2Tonnes: 49,650USD per tonne: $6081.4%Sea
Canada20.4Tonnes: 36,460USD per tonne: $5600.95%Sea
Singapore re-exports18.8Tonnes: 33,577USD per tonne: $5590.88%Sea
Pakistan17.9Tonnes: 35,258USD per tonne: $5090.84%Sea
Mauritius16.3Tonnes: 23,567USD per tonne: $6920.76%Sea
Germany14.4Tonnes: 24,955USD per tonne: $5770.67%Sea
Bahrain14Tonnes: 21,797USD per tonne: $6440.65%Sea
North Macedonia12.7Tonnes: 20,052USD per tonne: $6310.59%Sea

Trend

Who it sells to

Indonesia has been its main destination since 2022

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

  • Indonesia 0.71
  • Saudi Arabia 0.34
  • Thailand 0.2
  • China 0.16
  • Morocco 0.11

Source: CEPII BACI

Show the numbers
Partner19952024
Indonesia00.71
Saudi Arabia00.34
Thailand< 0.010.2
China< 0.010.16
Morocco00.11

Sources and methodology

Other products of this country

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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